According to the public record, 7, School Close, Gateshead is a modern freehold house with 1,194 ft2 of internal area and sits on a 165 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
School Close, Gateshead, NE10 is located in the borough of Gateshead within the NE10 postal district.
7, School Close, Gateshead has 51 entries in the Land Registry database, most recently in December 2018 and a single entry in the EPC database dated October 2012.
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 7 School Close Gateshead as £216,388 and the rental value as £1,136 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of 7 School Close Gateshead has increased by £2,479 (1.1%) and its rental value has increased by £93 per month (8.2%).
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 7, School Close, Gateshead is in very good condition we estimate a sale value of £227,208 and rental value of £1,193 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £201,241 and a rental value of £1,057 per month.
If you were able to purchase this property for the estimated value of £216,388, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,063 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, 7, School Close, Gateshead sits on a plot of 165m2.
We have plot size data on 13 out of 21 other houses in the postcode and 7, School Close, Gateshead sits on the 3rd largest plot.
According to HM Land Registry, 7, School Close, Gateshead was last sold on 21 Dec 2018 for £162,000 and was recorded as a freehold house.
The property has had 5 sales since 1995.
Since Dec 2018, the market for similar properties has risen 17.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, School Close, Gateshead within a radius of 650 metres over the last 2 years.
The most recent example is 14, Cheviot View, Gateshead, NE10 9SF, a Freehold house which sold for £249,950 in Jul 2023.
Read more about house prices in NE10.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
School Close, Gateshead, NE10 has a total of 21 addresses. According to our analysis of all the public data, 7, School Close, Gateshead is the largest and the most expensive property on the street.
When compared to the postcode district it is £60k more expensive than the average property in NE10.
7, School Close, Gateshead has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 04 Oct 2012.
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 7, School Close, Gateshead is Heworth station which is 1.3 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 7, School Close, Gateshead, 43.5% of property is privately owned outright and 33.0% 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 7, School Close, Gateshead, 10.3% of residents are recorded as possessing school level qualifications and 27.1% 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 7, School Close, Gateshead, the average age was 43.8 and the most common age was 62.
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 7, School 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 7, School 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.