According to the public record, 83, Grebe Close, Gateshead is a modern leasehold apartment with 656 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Grebe Close, Gateshead, NE11 is located in the borough of Gateshead within the NE11 postal district.
83, Grebe Close, Gateshead has 21 entries in the Land Registry database, most recently in August 2021 and a single entry in the EPC database dated March 2021.
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.
1Sales dated prior to 2007 are shown, but are not used in our calculations.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 83 Grebe Close Gateshead as £108,540 and the rental value as £763 per month giving an expected gross yield of 8.4%.
Over the last 12 months the sale value of 83 Grebe Close Gateshead has increased by £2,564 (2.4%) and its rental value has increased by £75 per month (9.9%).
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 83, Grebe Close, Gateshead is in very good condition we estimate a sale value of £113,967 and rental value of £801 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £100,943 and a rental value of £710 per month.
If you were able to purchase this property for the estimated value of £108,540, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £533 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, 83, Grebe Close, Gateshead was last sold on 11 Aug 2021 for £86,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Aug 2021, the market for similar properties has risen 9.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 83, Grebe Close, Gateshead within a radius of 700 metres over the last 2 years.
The most recent example is 75, Grebe Close, Gateshead, NE11 9FD, a Leasehold flat which sold for £129,000 in Jul 2024.
Read more about house prices in NE11.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Grebe Close, Gateshead, NE11 has a total of 71 addresses. According to our analysis of all the public data, 83, Grebe Close, Gateshead is the 49th largest and the 52nd most expensive property on the street.
When compared to the postcode district it is £24k less expensive than the average property in NE11.
83, Grebe Close, Gateshead has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 27 Mar 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to 83, Grebe Close, Gateshead is Dunston station which is 900 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 83, Grebe Close, Gateshead, 45.7% of property is privately rented and 33.3% 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 83, Grebe Close, Gateshead, 16.3% of residents are recorded as possessing school level qualifications and 41.7% 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 83, Grebe Close, Gateshead, the average age was 38.5 and the most common age was 32.
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 83, Grebe 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 83, Grebe 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.