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According to the public record, 24, Kells Lane, Gateshead is a period leasehold apartment with 947 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 24, Kells Lane, Gateshead is £147,019 and the estimated rental value is £1,124 per month.
Kells Lane, Gateshead, NE9 is located in the borough of Gateshead within the NE9 postal district.
24, Kells Lane, Gateshead has a single entry in the Land Registry from December 2024 and a single entry in the EPC database dated April 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
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 24, Kells Lane, Gateshead is in very good condition we estimate a sale value of £154,370 and a rental value of £1,181 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £136,727 and a rental value of £1,046 per month.
Over the last 12 months the sale value of 24 Kells Lane Gateshead has increased by an estimated £3,016 (2.1%) and its rental value has increased by an estimated £44 per month (3.9%), giving an expected gross yield of 9.2%.
24, Kells Lane, Gateshead has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 01 Apr 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 24, Kells Lane, Gateshead was last sold on 18th December 2024 for £142,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since December 2024, the market for similar properties has dropped 32.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 24, Kells Lane, Gateshead within a radius of 500 metres over the last 2 years.
The most recent example is 37, Florence Avenue, Gateshead, NE9 5SQ, a leasehold flat which sold for £137,265 on the 16th February 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, 24, Kells Lane, Gateshead is the 103rd largest and the 124th most expensive property on the street.
When compared to the postcode district it is £15k less expensive than the average property in NE9.
The closest station to 24, Kells Lane, Gateshead is Heworth station which is 2.6 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 24, Kells Lane, Gateshead, 41.7% of property is privately owned with a mortgage and 26.5% is privately rented.
The graph below shows how this compares to North East 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 24, Kells Lane, Gateshead, 17.6% of residents are recorded as possessing school level qualifications and 52.8% as possessing degree level qualifications.
The graph below shows how this compares to North East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 24, 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 24, Kells Lane, Gateshead, 1.1% 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 24, 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.
