18 Nursery Lane, Gateshead, NE10 9TB is a leasehold flat built before 1900. The property offers approximately 764 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £50,061 , which equates to approximately £65 per square foot. It was last sold on 27 Jun 2001 for £18,000. Since then, the value has increased by £32,061, representing a 178.1% increase, or approximately 7.3% per year.

The current estimated value of £50,061 is:

  • 59.6% lower than the average property price on Nursery Lane
  • 45.2% lower than the average in the NE10 9TB postcode area
  • and 70.9% lower than the average price for Gateshead as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded once as rented and once as owner-occupied, indicating a change in how it was used over time.

At the most recent EPC inspection on 2 March 2023, the property was recorded as rented.

View sold house prices in NE10 9TB

Building approximate location

About Property

Type
Flat
Built
before 1900
Interior Size
764 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£50,061
Price Per sq ft (estimate)
£65
Bedroom Count (estimate)
2 bedrooms

EPC Summary

18 Nursery Lane, Gateshead, Tyne And Wear, NE10 9TB has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 2 Mar 2023.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 5 Jan 2013, when the property was rated E. Since then, the rating has improved to C, with the energy efficiency score increasing by 37.3%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from pitched, no insulation (assumed) to pitched, 250 mm loft insulation, improving energy efficiency from very poor to good.
  • The wall construction or insulation changed from sandstone, as built, no insulation (assumed) to sandstone or limestone, as built, no insulation (assumed), changing energy efficiency from poor to very poor.
  • The lighting was updated from low energy lighting in 57% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from good to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 250 mm loft insulation
Good
Walls
Sandstone or limestone, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to NE10 9TB

23 rd / 23
Price Rank
45% lower than average
9 th / 19
Size Rank
7% smaller than average
18 th / 19
Price Per Sq FT Rank
41% lower than average

Compared to other properties in NE10 9TB , this flat's estimated value ranks 23th out of 23. Based on price per square foot, it ranks 18th out of 19 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 9th out of 19 properties in its postcode area.

Sale History

Today
£50,061
streetscan.co.uk estimate
+178 %
27 Jun 2001
£18,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 4
size: 861 sq ft
sale price: £82,000
sale date: 2 Aug 2021
rooms: 3
size: 710 sq ft
sale price: £50,000
sale date: 9 Dec 2019
rooms: 3
size: 775 sq ft
sale price: £89,000
sale date: 25 Jan 2008
rooms: 3
size: 725 sq ft
sale price: £55,000
sale date: 25 Aug 2016
rooms: 4
size: 775 sq ft
sale price: £65,000
sale date: 8 Apr 2004

Data Sources

The property at 18 Nursery Lane, Gateshead, Tyne And Wear, NE10 9TB appears once in the Land Registry records, with the transaction recorded on 27 Jun 2001. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 2 Mar 2023. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.