According to the public record, 11, Railway Close, Gateshead is a modern freehold house with 947 ft2 of internal area and sits on a 300 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Railway Close, Springwell Village, Gateshead, NE9 is located in the borough of Sunderland within the NE9 postal district.
11, Railway Close, Gateshead has a single entry in the Land Registry database from January 2015 and a single entry in the EPC database dated October 2014.
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.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 11 Railway Close Gateshead as £256,196 and the rental value as £1,192 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of 11 Railway Close Gateshead has increased by £4,629 (1.8%) and its rental value has increased by £111 per month (9.3%).
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 11, Railway Close, Gateshead is in very good condition we estimate a sale value of £269,006 and rental value of £1,251 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £238,262 and a rental value of £1,108 per month.
If you were able to purchase this property for the estimated value of £256,196, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,259 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 data from HM Land Registry, 11, Railway Close, Gateshead sits on a plot of 300m2.
We have plot size data on 26 out of 26 other houses in the postcode and 11, Railway Close, Gateshead sits on the 4th largest plot.
According to HM Land Registry, 11, Railway Close, Gateshead was last sold on 23 Jan 2015 for £199,995 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jan 2015, the market for similar properties has risen 27.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 11, Railway Close, Gateshead within a radius of 1.0 kilometres over the last 2 years.
The most recent example is 1, Railway Close, Gateshead, NE9 7RG, a Freehold house which sold for £175,000 in Jan 2022.
Read more about house prices in NE9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Railway Close, Springwell Village, Gateshead, NE9 has a total of 26 addresses. According to our analysis of all the public data, 11, Railway Close, Gateshead is the 15th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £100k more expensive than the average property in NE9.
11, Railway Close, Gateshead has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 08 Oct 2014.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 11, Railway Close, Gateshead is Heworth station which is 3.3 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 11, Railway Close, Gateshead, 43.5% of property is privately owned with a mortgage and 37.5% is privately owned outright.
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 11, Railway Close, Gateshead, 18.7% of residents are recorded as possessing school level qualifications and 36.5% 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 11, Railway Close, Gateshead, the average age was 44.7 and the most common age was 52.
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 11, Railway Close, Gateshead, 1.6% 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 11, Railway Close, Gateshead, there are an average of 1.4 cars per household.
See below for how this compares to North East and the rest of England & Wales.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.