73, Lobley Hill Road
73, Lobley Hill Road
Description & Estimates
The public record describes 73, Lobley Hill Road, Gateshead as an early-century apartment with 731 ft2 of internal area.
In this area, apartments of this size normally have 3 bedrooms with a garden.
73, Lobley Hill Road, Gateshead has an estimated sale value of £76,535 and an estimated rental value of £643 per month, assuming reasonable condition and based on the information available.
Lobley Hill Road, Gateshead, NE8 lies in the borough of Gateshead, within the NE8 postal district.
Our Data Sources
73, Lobley Hill Road, Gateshead has no records in the the Land Registry and a single entry in the EPC database dated May 2021.
We combine this information with public data 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
In very good condition, we estimate 73, Lobley Hill Road, Gateshead would be worth £80,362, with a potential rental value of £675 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £71,178, with a rental value of £598 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 73, Lobley Hill Road, Gateshead has increased by £728 (1.0%) over the last year. During the same period, its estimated monthly rental value has grown by £18 (2.8%). The property's estimated gross yield is currently 10.1%.
Energy Efficiency
73, Lobley Hill Road, Gateshead has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 05 May 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 510 metres of 73, Lobley Hill Road, Gateshead across the last 2 years.
Most recently, 131, Lobley Hill Road, Gateshead, NE8 4XB, a leasehold flat, sold at £85,000 on the 4th September 2024.
Read more about house prices in NE8.
- Sold Sep 2024£85,000 | 2 Bed Flat131, Lobley Hill Road, Gateshead, NE8 4XB131, Lobley Hill Road, Gateshead, NE8 4XB
- Sold Aug 2024£39,999 | 3 Bed Flat65, Lobley Hill Road, Gateshead, NE8 4XB65, Lobley Hill Road, Gateshead, NE8 4XB
- Sold Mar 2022£60,000 | 2 Bed Flat57, Lobley Hill Road, Gateshead, NE8 4XB57, Lobley Hill Road, Gateshead, NE8 4XB
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 73, Lobley Hill Road, Gateshead as the 20th largest and the 39th most expensive of the 59 addresses on Lobley Hill Road, Gateshead, NE8.
Against the NE8 postcode district average, it is £61k less expensive than the typical property.
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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
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Public Transport Nearby
Dunston station is the nearest stop to 73, Lobley Hill Road, Gateshead at 1.2 kilometres away.
- 1.2kmDunston
- 2.2kmNewcastle
- 2.9kmManors
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
