Railway Close - NE9 7RG
Key Street Insights
Railway Close is a residential street with 26 addresses.
It ranks as the 655th largest and 1017th most expensive of the 1,126 streets in the NE9 area. The most common property type is a modern house built after 1980.
The street contains a total of 26 properties: 26 houses.
- Ave. Sale Price
- £272,703
- 10 Year change
- up 29.7%
- Ave. Rental Price
- £1,353pcm
- 10 Year change
- up 57.6%
- Ave. £ per ft²
- £261/ft²
- Ave. Gross Yield
- 6.0%/year/yr
Key Street Insights
Railway Close is a residential street with 26 addresses.
It ranks as the 655th largest and 1017th most expensive of the 1,126 streets in the NE9 area. The most common property type is a modern house built after 1980.
The street contains a total of 26 properties: 26 houses.
- Ave. Sale Price
- £272,703
- 10 Year change
- up 29.7%
- Ave. Rental Price
- £1,353pcm
- 10 Year change
- up 57.6%
- Ave. £ per ft²
- £261/ft²
- Ave. Gross Yield
- 6.0%/year/yr
Explore Propertieson Railway Close, Springwell Village, Gateshead, NE9
- 1 Railway Close
3 Bed Modern House
- 2 Railway Close
3 Bed Modern House
- 3 Railway Close
4 Bed Modern House
- 4 Railway Close
4 Bed Modern House
- 5 Railway Close
4 Bed Modern House
Sales Market Trends
The last sale on Railway Close sold for £165,000 on 27th June 2025. Since then prices are up an average of 2.6%.
The current average value in the street is £272,703.
The Railway Close Sales Market has increased by 29.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.9% | £272,703 |
| June 2025 | 1.7% | £270,357 |
| June 2024 | 2.2% | £265,870 |
| June 2023 | 2.7% | £260,104 |
| June 2022 | 7.5% | £253,373 |
| June 2021 | 3.6% | £235,658 |
| June 2020 | 1.6% | £227,452 |
| June 2019 | 2.7% | £223,829 |
| June 2018 | 0.8% | £218,044 |
| June 2017 | 2.9% | £216,405 |
| June 2016 | 1.6% | £210,258 |
| June 2015 | 0.5% | £206,965 |
| June 2014 | 3.5% | £206,013 |
| June 2013 | 0.6% | £199,060 |
| June 2012 | -2.4% | £197,786 |
| June 2011 | 0.1% | £202,746 |
| June 2010 | 2.6% | £202,641 |
| June 2009 | -8.1% | £197,516 |
| June 2008 | -3% | £214,831 |
| June 2007 | 0% | £221,551 |
Rental Market Trends
The current average rental value in the street is £1,353.
The Railway Close Rental Market has increased by 57.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.1% | £1,353pcm |
| June 2025 | 4.9% | £1,312pcm |
| June 2024 | 9% | £1,251pcm |
| June 2023 | 8.3% | £1,148pcm |
| June 2022 | 11.1% | £1,060pcm |
| June 2021 | 4.9% | £954pcm |
| June 2020 | 3.2% | £910pcm |
| June 2019 | 0.4% | £882pcm |
| June 2018 | 1.5% | £878pcm |
| June 2017 | 0.9% | £866pcm |
| June 2016 | 0.6% | £858pcm |
| June 2015 | 1.3% | £853pcm |
| June 2014 | 1.1% | £842pcm |
| June 2013 | -0.1% | £833pcm |
| June 2012 | -0.7% | £834pcm |
| June 2011 | 2% | £840pcm |
| June 2010 | 3.1% | £823pcm |
| June 2009 | -3.5% | £799pcm |
| June 2008 | 2.5% | £827pcm |
| June 2007 | 0% | £807pcm |
Sales History
The last sale was on 27th June 2025 for £165,000 and since then the market in the area has increased by 2.6%. The street has had a total of 32 sales since 1995.
Railway Close, Springwell Village, Gateshead, NE9 has seen 3 sales in the last three years and no sales in the last twelve months.
- Sold Jun 2025£165,000 | 3 Bed House22, Railway Close, Gateshead, NE9 7RG22, Railway Close, Gateshead, NE9 7RG
- Sold May 2024£320,000 | 4 Bed House9, Railway Close, Gateshead, NE9 7RG9, Railway Close, Gateshead, NE9 7RG
- Sold Jan 2023£300,000 | 4 Bed House8, Railway Close, Gateshead, NE9 7RG8, Railway Close, Gateshead, NE9 7RG
- Sold Aug 2022£330,000 | 4 Bed House10, Railway Close, Gateshead, NE9 7RG10, Railway Close, Gateshead, NE9 7RG
- Sold Jan 2022£175,000 | 3 Bed House1, Railway Close, Gateshead, NE9 7RG1, Railway Close, Gateshead, NE9 7RG
Top 3 Most Expensive Sales
- Sold Oct 2021£348,000 | 4 Bed House21, Railway Close, Gateshead, NE9 7RG21, Railway Close, Gateshead, NE9 7RG
- Sold Aug 2022£330,000 | 4 Bed House10, Railway Close, Gateshead, NE9 7RG10, Railway Close, Gateshead, NE9 7RG
- Sold May 2024£320,000 | 4 Bed House9, Railway Close, Gateshead, NE9 7RG9, Railway Close, Gateshead, NE9 7RG
Nearby Streets
Railway Close, Springwell Village, Gateshead, NE9 is the 655th largest and the 1017th most expensive street in the NE9 area.
- Bowes Gardens, Springwell, Gateshead, NE959 Addresses|71 m away
- Springwell Road, Springwell Village, Gateshead, NE94 Addresses|100 m away
- Somerford, Springwell, Gateshead, NE918 Addresses|119 m away
- Badger Mews, Springwell, Gateshead, NE915 Addresses|165 m away
- Windsor Terrace, Springwell, Gateshead, NE95 Addresses|196 m away
- Park View, Springwell, Gateshead, NE93 Addresses|204 m away
Property Types
- 26 modern houses built after 1980
- modern house (26)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 26 properties.
- The most common rating is B.
- A (0)
- E (0)
- B (23)
- F (0)
- C (3)
- G (0)
- D (0)
- No EPC (0)
Schools Nearby
- Springwell Village Primary School500 m away
- Fell Dyke Community Primary School900 m away
- St Oswald's Catholic Primary, Wrekenton1.2 km away
- Cardinal Hume Catholic School, Gateshead1.8 km away
- XP Gateshead2.4 km away
- Washington Academy2.7 km away
More reading links
Public Transport Nearby
The closest station to Railway Close, Springwell Village, Gateshead, NE9 - NE9 7RG is Heworth station, which is 3.3 kilometres away.
- Heworth|3.3 km away
- Dunston|6.2 km away
- Manors|6.4 km away