According to the public record, 62, Seaton Close, Gateshead is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 949 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Seaton Close, Gateshead, NE10 is located in the borough of Gateshead within the NE10 postal district.
62, Seaton Close, Gateshead has 21 entries in the Land Registry database, most recently in September 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 62 Seaton Close Gateshead as £181,122 and the rental value as £1,018 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of 62 Seaton Close Gateshead has increased by £4,358 (2.4%) and its rental value has increased by £95 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 62, Seaton Close, Gateshead is in very good condition we estimate a sale value of £190,178 and rental value of £1,069 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £168,443 and a rental value of £947 per month.
If you were able to purchase this property for the estimated value of £181,122, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £890 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, 62, Seaton Close, Gateshead was last sold on 28 Sep 2007 for £163,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Sep 2007, the market for similar properties has risen 17.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 62, Seaton Close, Gateshead within a radius of 720 metres over the last 2 years.
The most recent example is 54, Seaton Close, Gateshead, NE10 8SG, a Freehold house which sold for £179,995 in Jul 2023.
Read more about house prices in NE10.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Seaton Close, Gateshead, NE10 has a total of 69 addresses. According to our analysis of all the public data, 62, Seaton Close, Gateshead is the 16th largest and the 33rd most expensive property on the street.
When compared to the postcode district it is £25k more expensive than the average property in NE10.
The closest station to 62, Seaton Close, Gateshead is Heworth station which is 1.8 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 62, Seaton Close, Gateshead, 61.6% of property is privately owned outright and 29.0% 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 62, Seaton Close, Gateshead, 15.5% of residents are recorded as possessing school level qualifications and 25.3% 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 62, Seaton 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 62, Seaton 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 62, Seaton 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.