According to the public record, 3, St. Patricks Close, Gateshead is a mid-century house with 624 ft2 of internal area.
Houses of this size in this area normally have 2 bedrooms with a garden.
St. Patricks Close, Gateshead, NE10 is located in the borough of Gateshead within the NE10 postal district.
3, St. Patricks Close, Gateshead has no records in the Land Registry database and a single entry in the EPC database dated October 2023.
We combine this information with public data 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 St. Patricks Close Gateshead as £84,976 and the rental value as £579 per month giving an expected gross yield of 8.2%.
Over the last 12 months the sale value of 3 St. Patricks Close Gateshead has increased by £3,621 (4.3%) and its rental value has increased by £66 per month (11.4%).
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, St. Patricks Close, Gateshead is in very good condition we estimate a sale value of £89,224 and rental value of £608 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £79,027 and a rental value of £538 per month.
If you were able to purchase this property for the estimated value of £84,976, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £418 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 the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 3, St. Patricks Close, Gateshead within a radius of 500 metres over the last 2 years.
The most recent example is 1, St. Patricks Close, Gateshead, NE10 9PH, a Freehold house which sold for £65,000 in Jul 2011.
Read more about house prices in NE10.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
St. Patricks Close, Gateshead, NE10 has a total of 14 addresses. According to our analysis of all the public data, 3, St. Patricks Close, Gateshead is the 14th largest and the 14th most expensive property on the street.
When compared to the postcode district it is £72k less expensive than the average property in NE10.
3, St. Patricks Close, Gateshead has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 27 Oct 2023.
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, St. Patricks Close, Gateshead is Heworth station which is 700 metres 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, St. Patricks Close, Gateshead, 46.0% of property is socially rented and 23.0% 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, St. Patricks Close, Gateshead, 22.3% of residents are recorded as possessing school level qualifications and 16.8% 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, St. Patricks Close, Gateshead, the average age was 43.7 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, St. Patricks Close, Gateshead, 0.0% 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, St. Patricks Close, Gateshead, there are an average of 0.8 cars per household.
See below for how this compares to North East and the rest of England & Wales.