40, KELLS LANE, GATESHEAD, NE9 5SJ - £112,000

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.

40 KELLS LANE is a very large flat of 86m², built sometime between 1930 and 1949, which could now be worth an estimated £147,059. It was last sold for £112,000 in May 2013, which was around 49% above the average May 2013 flat price in the Gateshead local authority area. The most recent EPC inspection was September 2013, where the current energy rating was C, and the potential energy rating was C.

40 KELLS LANE Sold Prices

Land registry data shows one sale for 40 KELLS LANE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average flat price in the Gateshead local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2013 29 MAY	£112,000	£75,319	49% above HPI

What might 40 KELLS LANE be worth now?

40 KELLS LANE might now be worth an estimated £147,059.

This is based on house price inflation of 31.3%, between May 2013 and April 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 31.3% inflationary increase is applied to the most recent sale price for 40 KELLS LANE of £112,000 on 29th May 2013. For the value to have increased from £112,000 to £147,059 over the thirteen years and one month to April 2026, the following assumptions must hold true:

• The value of 40 KELLS LANE has moved in line with the HPI for flats in the Gateshead local authority area.
• The May 2013 sale price of £112,000 represented a fair market value for the property.
• The size, condition, and specification of 40 KELLS LANE has not materially changed since May 2013.

How Large is 40 KELLS LANE?

40 KELLS LANE is 86m² according to the EPC inspection conducted in September 2013. This puts it in the largest 10% of flats in Gateshead, based on EPC data. 90% of flats are smaller than 40 KELLS LANE, and 9% of flats are larger. Note that EPC data is not available for all properties in Gateshead.

40 KELLS LANE: Plot

40 KELLS LANE sits on a plot of roughly 0.042 of an acre, or 171m².

Where is 40 KELLS LANE?

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