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Railway Close

Railway Close

Last update: Sep 2024

Street Overview

of Railway Close

Railway Close, Springwell Village, Gateshead, NE9 is a residential street which is the 661st longest street in the NE9 area.

It contains 26 houses and the most common type of property is a modern house built after 1980.

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Average property prices

in Railway Close, Springwell Village, Gateshead, NE9

The average house value is £277,404. Sales values have increased in the last 12 months by 1.3% and Rental values have increased by 8.7%.

Property sale values range from £190,400 for a freehold house, with 2 bedrooms split across 603 square feet of gross internal area and has a garden to £309,348 for a freehold house, with 4 bedrooms split across 1,313 square feet of gross internal area and has a garden.

Average £/ft2 for properties in Railway Close, Springwell Village, Gateshead, NE9 is £257/ft2.

Properties achieve a rental yield of between 5.1% and 6%, and rental values range from £946 to £1,316 per month.

Sale value change
12 months
1.3%
Rental value change
12 months
8.7%
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Recent sales

within Railway Close, Springwell Village, Gateshead, NE9

The last sale was 22 May 2024 for £320,000 and since then the market in the area has decreased by -0.3%. The street has had a total of 4 sales since 1995.

Railway Close, Springwell Village, Gateshead, NE9 has seen 4 sales in the last three years and 1 sale in the last twelve months.

£320,000
May-2024
Sold
£300,000
Jan-2023
Sold
£330,000
Aug-2022
Sold
£175,000
Jan-2022
Sold
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Nearby Streets

to Railway Close, Springwell Village, Gateshead, NE9

Railway Close, Springwell Village, Gateshead, NE9 is the 661st largest and the 1009th most expensive street in the NE9 area.

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Postcodes

on Railway Close, Springwell Village, Gateshead, NE9

There is 1 postcode on Railway Close, Springwell Village, Gateshead, NE9.

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Property types

in Railway Close, Springwell Village, Gateshead, NE9

Railway Close, Springwell Village, Gateshead, NE9 is a residential street located in NE9 containing 26 houses.

The most common property type on Railway Close, Springwell Village, Gateshead, NE9 is a modern house built after 1980.

modern house (26)
Energy Efficiency

Energy Efficiency

of properties within Railway Close, Springwell Village, Gateshead, NE9

The homes with certificates are generally modern in style with the most common Energy Performance Certificate (EPC) rating being B.

A (0)
E (0)
B (26)
F (0)
C (0)
G (0)
D (0)
No EPC (0)
Schools nearby

Schools nearby

to Railway Close, Springwell Village, Gateshead, NE9

The nearest primary school to Railway Close, Springwell Village, Gateshead, NE9 is Springwell Village Primary School which is 500 metres away and is rated Good by Ofsted.
500 m
Springwell Village Primary School
Good
900 m
Fell Dyke Community Primary School
Good
1.5 km
George Washington Primary School
Good
The nearest secondary school is Cardinal Hume Catholic School, Gateshead which is 1.8 kilometres away and is rated Outstanding by Ofsted.
1.8 km
Cardinal Hume Catholic School, Gateshead
Outstanding
2.7 km
Washington Academy
Requires improvement
2.9 km
Heworth Grange School
Requires improvement
Source: Ofsted (2016)
Public transport nearby

Public transport nearby

to Railway Close, Springwell Village, Gateshead, NE9

The closest station to Railway Close, Springwell Village, Gateshead, NE9 is Heworth station which is 3.3 kilometres away.

3.3 km
Heworth
6.2 km
Dunston
6.4 km
Manors
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