According to the public record, 10, Grebe Close, Gateshead is a modern leasehold apartment with 617 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Grebe Close, Gateshead, NE11 is located in the borough of Gateshead within the NE11 postal district.
10, Grebe Close, Gateshead has 41 entries in the Land Registry database, most recently in April 2022 and a single entry in the EPC database dated November 2011.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
•Public data including the Land Registry and EPC Register is processed and republished under the Government Open Data Licence.
•All values are estimates based on available data. All data and other content are provided subject to our Terms & Conditions.
1Sales dated prior to 2007 are shown, but are not used in our calculations.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 10 Grebe Close Gateshead as £92,265 and the rental value as £702 per month giving an expected gross yield of 9.1%.
Over the last 12 months the sale value of 10 Grebe Close Gateshead has increased by £2,180 (2.4%) and its rental value has increased by £69 per month (9.9%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 10, Grebe Close, Gateshead is in very good condition we estimate a sale value of £96,879 and rental value of £737 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £85,807 and a rental value of £653 per month.
If you were able to purchase this property for the estimated value of £92,265, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £453 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, 10, Grebe Close, Gateshead was last sold on 25 Apr 2022 for £85,600 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Apr 2022, the market for similar properties has risen 6.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 10, Grebe Close, Gateshead within a radius of 660 metres over the last 2 years.
The most recent example is 4, Bittern Close, Gateshead, NE11 9FG, a Leasehold flat which sold for £102,000 in Apr 2024.
Read more about house prices in NE11.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Grebe Close, Gateshead, NE11 has a total of 71 addresses. According to our analysis of all the public data, 10, Grebe Close, Gateshead is the 60th largest and the 67th most expensive property on the street.
When compared to the postcode district it is £40k less expensive than the average property in NE11.
10, Grebe Close, Gateshead has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 07 Nov 2011.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to 10, Grebe Close, Gateshead is Dunston station which is 800 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 10, Grebe Close, Gateshead, 45.7% of property is privately rented and 33.3% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 10, Grebe Close, Gateshead, 16.3% of residents are recorded as possessing school level qualifications and 41.7% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 10, Grebe Close, Gateshead, the average age was 38.5 and the most common age was 32.
The graph below shows how this compares to North East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 10, Grebe Close, Gateshead, 0.7% of property was a second home.
Comparison figures for North East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 10, Grebe Close, Gateshead, there are an average of 1.0 cars per household.
See below for how this compares to North East and the rest of England & Wales.