According to the public record, 9, Kings Close, Gateshead is a modern house with 573 ft2 of internal area and sits on a 148 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Kings Close, Gateshead, NE8 is located in the borough of Gateshead within the NE8 postal district.
9, Kings Close, Gateshead has no recent1 records in the Land Registry database and a single entry in the EPC database dated May 2010.
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 9 Kings Close Gateshead as £106,859 and the rental value as £728 per month giving an expected gross yield of 8.2%.
Over the last 12 months the sale value of 9 Kings Close Gateshead has increased by £4,472 (4.2%) and its rental value has increased by £81 per month (11.1%).
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, Kings Close, Gateshead is in very good condition we estimate a sale value of £112,202 and rental value of £764 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £99,379 and a rental value of £677 per month.
If you were able to purchase this property for the estimated value of £106,859, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £525 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, Kings Close, Gateshead sits on a plot of 148m2.
We have plot size data on 9 out of 24 other houses in the postcode and 9, Kings Close, Gateshead sits on the 3rd largest plot.
According to HM Land Registry, 9, Kings Close, Gateshead was last sold on 21 May 2004 for £58,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 9, Kings Close, Gateshead within a radius of 470 metres over the last 2 years.
The most recent example is 6, Kings Close, Gateshead, NE8 3PW, a Freehold house which sold for £95,000 in May 2023.
Read more about house prices in NE8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Kings Close, Gateshead, NE8 has a total of 24 addresses. According to our analysis of all the public data, 9, Kings Close, Gateshead is the 22nd largest and the 6th most expensive property on the street.
When compared to the postcode district it is £26k less expensive than the average property in NE8.
9, Kings Close, Gateshead has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 01 May 2010.
The property is connected to mains gas and has fully double glazed windows. It is heated using warm air.
The closest station to 9, Kings Close, Gateshead is Heworth station which is 2.0 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 9, Kings Close, Gateshead, 31.3% of property is socially rented and 27.1% 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 9, Kings Close, Gateshead, 19.1% of residents are recorded as possessing school level qualifications and 24.4% 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, Kings Close, Gateshead, the average age was 35.8 and the most common age was 27.
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, Kings Close, Gateshead, 1.0% 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 9, Kings Close, Gateshead, there are an average of 0.5 cars per household.
See below for how this compares to North East and the rest of England & Wales.