According to the public record, 9, Glenridding Close, Gateshead is a modern freehold house with 861 ft2 of internal area and sits on a 244 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Glenridding Close, Gateshead, NE9 is located in the borough of Gateshead within the NE9 postal district.
9, Glenridding Close, Gateshead has a single entry in the Land Registry database from November 2020 and a single entry in the EPC database dated October 2020.
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 good condition, we estimate the current sale value for 9 Glenridding Close Gateshead as £192,461 and the rental value as £1,090 per month giving an expected gross yield of 6.8%.
Over the last 12 months the sale value of 9 Glenridding Close Gateshead has increased by £5,829 (3.0%) and its rental value has increased by £111 per month (10.2%).
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 9, Glenridding Close, Gateshead is in very good condition we estimate a sale value of £202,084 and rental value of £1,144 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £178,989 and a rental value of £1,014 per month.
If you were able to purchase this property for the estimated value of £192,461, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £946 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, 9, Glenridding Close, Gateshead sits on a plot of 244m2.
We have plot size data on 24 out of 26 other houses in the postcode and 9, Glenridding Close, Gateshead sits on the 4th largest plot.
According to HM Land Registry, 9, Glenridding Close, Gateshead was last sold on 24 Nov 2020 for £189,950 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Nov 2020, the market for similar properties has risen 11.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 9, Glenridding Close, Gateshead within a radius of 520 metres over the last 2 years.
The most recent example is 17, Glenridding Close, Gateshead, NE9 6BF, a Freehold house which sold for £210,000 in Nov 2022.
Read more about house prices in NE9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Glenridding Close, Gateshead, NE9 has a total of 26 addresses. According to our analysis of all the public data, 9, Glenridding Close, Gateshead is the 13th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £36k more expensive than the average property in NE9.
9, Glenridding Close, Gateshead has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 29 Oct 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 9, Glenridding Close, Gateshead is Heworth station which is 2.9 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 9, Glenridding Close, Gateshead, 42.7% of property is socially rented and 28.1% 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 9, Glenridding Close, Gateshead, 21.4% of residents are recorded as possessing school level qualifications and 22.5% 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 9, Glenridding Close, Gateshead, the average age was 39.6 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 9, Glenridding Close, Gateshead, 1.1% 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 9, Glenridding Close, Gateshead, there are an average of 0.9 cars per household.
See below for how this compares to North East and the rest of England & Wales.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.