According to the public record, 137, Kells Lane, Gateshead is a period freehold house with 1,205 ft2 of internal area.
Houses of this size in this area normally have 4 bedrooms with a garden.
Kells Lane, Gateshead, NE9 is located in the borough of Gateshead within the NE9 postal district.
137, Kells Lane, Gateshead has 41 entries in the Land Registry database, most recently in November 2021 and a single entry in the EPC database dated May 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 137 Kells Lane Gateshead as £259,685 and the rental value as £1,145 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of 137 Kells Lane Gateshead has increased by £3,131 (1.2%) and its rental value has increased by £94 per month (8.2%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 137, Kells Lane, Gateshead is in very good condition we estimate a sale value of £272,669 and rental value of £1,202 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £241,507 and a rental value of £1,065 per month.
If you were able to purchase this property for the estimated value of £259,685, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,276 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, 137, Kells Lane, Gateshead was last sold on 09 Nov 2021 for £249,861 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since Nov 2021, the market for similar properties has risen 7.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 137, Kells Lane, Gateshead within a radius of 470 metres over the last 2 years.
The most recent example is 173, Kells Lane, Gateshead, NE9 5HS, a Freehold house which sold for £262,250 in Feb 2024.
Read more about house prices in NE9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Kells Lane, Gateshead, NE9 has a total of 183 addresses. According to our analysis of all the public data, 137, Kells Lane, Gateshead is the 68th largest and the 84th most expensive property on the street.
When compared to the postcode district it is £103k more expensive than the average property in NE9.
137, Kells Lane, Gateshead has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 04 May 2021.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to 137, Kells Lane, Gateshead is Heworth station which is 3.0 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 137, Kells Lane, Gateshead, 43.8% of property is privately owned outright and 34.4% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 137, Kells Lane, Gateshead, 15.0% of residents are recorded as possessing school level qualifications and 48.4% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 137, Kells Lane, Gateshead, the average age was 43.8 and the most common age was 57.
The graph below shows how this compares to North East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 137, Kells Lane, Gateshead, 4.2% of property was a second home.
Comparison figures for North East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 137, Kells Lane, Gateshead, there are an average of 1.1 cars per household.
See below for how this compares to North East and the rest of England & Wales.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.