2 Capstan Lane, Gateshead, NE9 7JB is a leasehold flat built before 1900. The property offers approximately 560 square feet of living space. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £84,853 , which equates to approximately £152 per square foot. It was last sold on 9 Mar 2017 for £71,500. Since then, the value has increased by £13,353, representing a 18.7% increase, or approximately 2.1% per year.

The current estimated value of £84,853 is:

  • 20.1% lower than the average property price on Capstan Lane
  • 25.4% lower than the average in the NE9 7JB postcode area
  • and 50.7% lower than the average price for Gateshead as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 24 October 2019, the property was recorded as owner-occupied.

View sold house prices in NE9 7JB

Building approximate location

About Property

Type
Terraced Maisonette
Built
before 1900
Interior Size
560 sq ft
Tenure
Leasehold
Price (estimate)
£84,853
Price Per sq ft (estimate)
£152
Bedroom Count (estimate)
1 bedroom

EPC Summary

2 Capstan Lane, Gateshead, Tyne And Wear, NE9 7JB has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 24 Oct 2019.

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 28 Sep 2009. The rating of D is unchanged, though the energy efficiency score decreased by 6.1%.

Since the previous assessment, several changes were observed:

  • The wall construction or insulation changed from sandstone, as built, no insulation (assumed) to sandstone or limestone, as built, no insulation (assumed), with no change in energy efficiency (very poor).
  • The lighting was updated from low energy lighting in 50% of fixed outlets to low energy lighting in 83% of fixed outlets, with efficiency improving from good to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Sandstone or limestone, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 83% of fixed outlets
Very Good

Sale History

Today
£84,853
streetscan.co.uk estimate
+19 %
9 Mar 2017
£71,500
Leasehold
-19.2 %
14 Feb 2008
£88,500
Leasehold
-1.1 %
7 Aug 2006
£89,500
Leasehold
+26.1 %
21 May 2004
£71,000
Leasehold
+24.6 %
6 Jun 2003
£56,995
Leasehold
+75.4 %
20 Feb 1998
£32,500
Leasehold
-20.7 %
31 Oct 1995
£41,000
Leasehold

Area Insights

Nearby Properties

1 Capstan Lane, Gateshead, NE9 7JB
rooms: 3
size: 690 sq ft
sale price: £66,500
sale date: 7 Nov 2002

Data Sources

The property at 2 Capstan Lane, Gateshead, NE9 7JB appears seven times in the Land Registry records, with the latest transaction recorded on 9 Mar 2017. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 24 Oct 2019. 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.
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