31, KELLS LANE, GATESHEAD, NE9 5SJ - £140,750

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

31 KELLS LANE is a midsized extended flat of 63m², built sometime between 1900 and 1929, which could now be worth an estimated £142,412. It was last sold for £140,750 in April 2024, which was around 47% above the average April 2024 flat price in the Gateshead local authority area. The most recent EPC inspection was May 2023, where the current energy rating was C, and the potential energy rating was C.

31 KELLS LANE Sold Prices

Land registry data shows five sales for 31 KELLS LANE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average flat price in the Gateshead local authority area for the corresponding sale date. All of the five 31 KELLS LANE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2024 2 APR	£140,750	£95,808	47% above HPI
2006 26 MAY	£115,000	£88,994	29% above HPI
2004 24 SEP	£107,500	£82,292	31% above HPI
2000 21 JUL	£42,000	£32,251	30% above HPI
1999 21 MAY	£43,500	£29,366	48% above HPI

What might 31 KELLS LANE be worth now?

31 KELLS LANE might now be worth an estimated £142,412.

This is based on house price inflation of 1.2%, between April 2024 and March 2026, for flats, in the Gateshead local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1.2% inflationary increase is applied to the most recent sale price for 31 KELLS LANE of £140,750 on 2nd April 2024. For the value to have increased from £140,750 to £142,412 over the two years and one month to March 2026, the following assumptions must hold true:

• The value of 31 KELLS LANE has moved in line with the HPI for flats in the Gateshead local authority area.
• The April 2024 sale price of £140,750 represented a fair market value for the property.
• The size, condition, and specification of 31 KELLS LANE has not materially changed since April 2024.

How Large is 31 KELLS LANE?

31 KELLS LANE is 63m², which includes one extension, according to the EPC inspection conducted in May 2023. This puts it in the smallest 50% of flats in Gateshead, based on EPC data. 43% of flats are smaller than 31 KELLS LANE, and 53% of flats are larger. Note that EPC data is not available for all properties in Gateshead.

31 KELLS LANE: Plot

31 KELLS LANE sits on a plot of roughly 0.042 of an acre, or 170m².

Where is 31 KELLS LANE?

31 KELLS LANE is located in GATESHEAD, in the NE9 postcode district.