According to the public record, 3, Rannoch Close, Gateshead is a modern freehold house with 796 ft2 of internal area and sits on a 184 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Rannoch Close, Wardley, Gateshead, NE10 is located in the borough of Gateshead within the NE10 postal district.
3, Rannoch Close, Gateshead has 21 entries in the Land Registry database, most recently in September 2010 and a single entry in the EPC database dated September 2009.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 3 Rannoch Close Gateshead as £197,158 and the rental value as £1,037 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of 3 Rannoch Close Gateshead has increased by £5,005 (2.5%) and its rental value has increased by £94 per month (9.1%).
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 3, Rannoch Close, Gateshead is in very good condition we estimate a sale value of £207,015 and rental value of £1,089 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £183,357 and a rental value of £965 per month.
If you were able to purchase this property for the estimated value of £197,158, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £969 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, 3, Rannoch Close, Gateshead sits on a plot of 184m2.
We have plot size data on 21 out of 40 other houses in the postcode and 3, Rannoch Close, Gateshead sits on the 15th largest plot.
According to HM Land Registry, 3, Rannoch Close, Gateshead was last sold on 17 Sep 2010 for £157,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Sep 2010, the market for similar properties has risen 33.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Rannoch Close, Gateshead within a radius of 630 metres over the last 2 years.
The most recent example is 7, Parklands Way, Gateshead, NE10 8GA, a Freehold house which sold for £192,235 in Apr 2024.
Read more about house prices in NE10.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Rannoch Close, Wardley, Gateshead, NE10 has a total of 40 addresses. According to our analysis of all the public data, 3, Rannoch Close, Gateshead is the 36th largest and the 27th most expensive property on the street.
When compared to the postcode district it is £41k more expensive than the average property in NE10.
3, Rannoch Close, Gateshead has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 28 Sep 2009.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 3, Rannoch Close, Gateshead is Heworth station which is 1.5 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 3, Rannoch Close, Gateshead, 44.8% of property is privately owned with a mortgage and 27.6% 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 3, Rannoch Close, Gateshead, 13.4% of residents are recorded as possessing school level qualifications and 34.6% 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 3, Rannoch Close, Gateshead, the average age was 45.1 and the most common age was 57.
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 3, Rannoch Close, Gateshead, 2.1% 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 3, Rannoch Close, Gateshead, there are an average of 1.2 cars per household.
See below for how this compares to North East and the rest of England & Wales.