241, Kells Lane, NE9 5HU
241 Kells Lane is a 176 m² property in Gateshead. It sold for £500,000 in Oct 2020.
- Sale history
-
Date Paid price Tenure Annual growth After inflation Oct 2020 £500,000 * Leasehold 269.6% 263.8% May 2017 £6,000 * Freehold -94.1% -94.2% Mar 2016 £170,000 * Leasehold na na *This price paid record has been flagged by Land Registry as a 'Category B: Additional Price Paid entry'. This could be due to a variety of reasons, such as the sale being a buy-to-let purchase, a repossession or a transfer to a limited company. When Land Registry suspects that a sale does not reflect full market value (e.g. part-ownership or right to buy), these transactions can be flagged as well. For this reason, we exclude them from our area statistics.
- Internal area
- 176 square metres (1,894 square feet) according to latest EPC inspection
- Price per internal area
-
This property sold for £2,840 per square metre (£264 per square foot) in Oct 2020. Indexed forward to today's value, this is roughly £3,434 per square metre (£319 per square foot) .
Date Paid price Paid £/sqm Today's value Today's value £/sqm Oct 2020 £500,000 £2,841 £604,447 £3,434 May 2017 £6,000 £34 £7,998 £45 Mar 2016 £170,000 £966 £231,028 £1,313 Calculated using the latest EPC internal area of 176 m². Earlier sale dates may not have had the same measured area available.
- Valuation
- The most recent sale price indexed forward to today's value is £604,447. This is one data point to inform the valuation. Another method is the valuation implied by what comparable homes are selling for. Homes in Gateshead are now selling for between £1,680 and £2,670 per square metre (£156 and £248 per square foot). Based on an internal area of 176 m², this implies a valuation between £296,000 and £470,000. Treat this as context only. For a valuation using hand-picked comparable sales, use the Advanced search tool — create a shortlist of similar condition homes, then export a valuation report.
- Bedrooms
- na
- Type
- Other
- Council tax band
- na
- Planning ref:
- September 2016 DC/16/00324/FUL
- Type:
- Full and householder planning application
- Status:
- Application approved
- Address:
- 241 Kells Lane Gateshead
- Description:
- Erection of two dwellinghouses following demolition of existing commercial building (amended 07/07/16, 02/08/16 and 04/08/16 and additional information received 03/08/16).
- Summary:
- 02 October 2018 - energy performance certificate grade B
- Reason for EPC:
- New dwelling
- Tenure:
- Unknown
- Property type:
- Detached House Estimated year built None to None
- Area:
- 176 sqm (1,894 square foot) total internal area
- Comments:
- Heating: Boiler and radiators, mains gas.