11, Simonside Walk
11, Simonside Walk
Description & Estimates
11, Simonside Walk, Gateshead appears in the public record as a freehold house.
By comparing it to nearby properties, we estimate it to be a modern house with 1,907 ft2 of internal area and a garden.
Locally, houses of this size normally have 5 bedrooms.
Our estimate of the sale value of 11, Simonside Walk, Gateshead is £340,915 and its rental estimate is £1,663 per month, given the available information and assuming reasonable condition.
Simonside Walk, Lobley Hill, Gateshead, NE11 falls within the NE11 postal district, in the borough of Gateshead.
Our Data Sources
11, Simonside Walk, Gateshead has 31 entries in the Land Registry , most recently in July 2022 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 11, Simonside Walk, Gateshead, we estimate a market value of £357,961 and a rental value of £1,746 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £317,051 and £1,547 per month respectively.
Recent Market Change
Over the last year, 11, Simonside Walk, Gateshead has seen its estimated sale value drop by £2,378 (0.7%) and its estimated rental value rise by £25 per month (1.5%). This results in an estimated gross rental yield of 5.9%.
Sold Prices
The most recent sale of 11, Simonside Walk, Gateshead completed on 29th July 2022 at £355,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have dropped by 7.5% over the period since July 2022.
- Sold Jul 2022£355,000
- Sold Feb 2014£299,950
- Sold Feb 2002£120,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 11, Simonside Walk, Gateshead have sold within a radius of 660 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 26th July 2024, was 10, Simonside Walk, Gateshead, NE11 0AG, a freehold house which sold for £355,000.
Read more about house prices in NE11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 11 addresses on Simonside Walk, Lobley Hill, Gateshead, NE11, 11, Simonside Walk, Gateshead comes out as the 3rd largest and the 3rd most expensive in our analysis of the public data.
It is also £204k more expensive than the average property across the NE11 district.
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Schools Nearby
- 100mLobley Hill Primary School
- 1.5kmSt Philip Neri Catholic Primary School, Dunston
- 1.5kmDunston Hill Community Primary School
- 1.7kmKingsmeadow Community School
- 2.3kmGrace College
- 3.0kmWhickham School
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Public Transport Nearby
From 11, Simonside Walk, Gateshead, the nearest station is Dunston, 1.3 kilometres away.
- 1.3kmDunston
- 2.9kmMetroCentre
- 3.6kmNewcastle
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
