65, Lobley Hill Road
65, Lobley Hill Road
Description & Estimates
65, Lobley Hill Road, Gateshead is recorded publicly as an early-century leasehold apartment across 731 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 65, Lobley Hill Road, Gateshead is £76,535 and its rental estimate is £643 per month, given the available information and assuming reasonable condition.
Lobley Hill Road, Gateshead, NE8 falls within the NE8 postal district, in the borough of Gateshead.
Our Data Sources
65, Lobley Hill Road, Gateshead has 41 entries in the Land Registry , most recently in June 2015 and a single entry in the EPC database dated April 2024.
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.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 65, Lobley Hill Road, Gateshead, we estimate a market value of £80,362 and a rental value of £675 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £71,178 and £598 per month respectively.
Recent Market Change
Over the last year, 65, Lobley Hill Road, Gateshead has seen its estimated sale value move up by £728 (1.0%) and its estimated rental value increase by £18 per month (2.8%). This results in an estimated gross rental yield of 10.1%.
Energy Efficiency
65, Lobley Hill Road, Gateshead has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 19 Apr 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 65, Lobley Hill Road, Gateshead completed on 5th June 2015 at £47,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 4 times.
Values of comparable properties have risen by 26.3% over the period since June 2015.
- Sold Jun 2015£47,000
- Sold Jul 2005£53,000
- Sold Jul 2005£35,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 65, Lobley Hill Road, Gateshead have sold within a radius of 500 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 4th September 2024, was 129, Lobley Hill Road, Gateshead, NE8 4XB, a leasehold flat which sold for £85,000.
Read more about house prices in NE8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 59 addresses on Lobley Hill Road, Gateshead, NE8, 65, Lobley Hill Road, Gateshead comes out as the 21st largest and the 40th most expensive in our analysis of the public data.
It is also £61k less expensive than the average property across the NE8 district.
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Schools Nearby
- 500mSt Aidan's Church of England Primary School
- 600mBrighton Avenue Primary School
- 700mCorpus Christi Catholic Primary School, Gateshead
- 2.0kmNorth East Futures UTC
- 2.0kmKingsmeadow Community School
- 2.4kmGrace College
More reading links
Public Transport Nearby
From 65, Lobley Hill Road, Gateshead, the nearest station is Dunston, 1.2 kilometres away.
- 1.2kmDunston
- 2.2kmNewcastle
- 2.9kmManors
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
