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According to the public record, 12, School Close, Gateshead is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 937 ft2 of internal area and sits on a 192 m2 plot and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 12, School Close, Gateshead is £188,136 and the estimated rental value is £1,562 per month.
School Close, Gateshead, NE10 is located in the borough of Gateshead within the NE10 postal district.
12, School Close, Gateshead has 61 entries in the Land Registry , most recently in February 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 5 out of 5 and is considered of high accuracy.
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 12, School Close, Gateshead is in very good condition we estimate a sale value of £197,542 and a rental value of £1,640 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £174,966 and a rental value of £1,453 per month.
Over the last 12 months the sale value of 12 School Close Gateshead has increased by an estimated £5,603 (3.0%) and its rental value has increased by an estimated £71 per month (4.5%), giving an expected gross yield of 10%.
According to data from HM Land Registry, 12, School Close, Gateshead sits on a plot of 192m2.
We have plot size data on 21 out of 21 other houses in the postcode and 12, School Close, Gateshead sits on the largest plot.
According to HM Land Registry, 12, School Close, Gateshead was last sold on 4th February 2022 for £155,500 and was recorded as a freehold house.
The property has had 6 sales since 1995.
Since February 2022, the market for similar properties has risen 4.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 12, School Close, Gateshead within a radius of 660 metres over the last 2 years.
The most recent example is 6, School Close, Gateshead, NE10 9BE, a freehold house which sold for £159,000 on the 18th April 2019.
Read more about house prices in NE10.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
School Close, Gateshead, NE10 has a total of 21 addresses. According to our analysis of all the public data, 12, School Close, Gateshead is the 3rd largest and the 5th most expensive property on the street.
When compared to the postcode district it is £26k more expensive than the average property in NE10.
The closest station to 12, School Close, Gateshead is Heworth station which is 1.3 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 12, School Close, Gateshead, 43.5% of property is privately owned outright and 33.0% is privately owned with a mortgage.
The graph below shows how this compares to North East 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 12, School Close, Gateshead, 10.3% of residents are recorded as possessing school level qualifications and 27.1% as possessing degree level qualifications.
The graph below shows how this compares to North East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 12, School Close, Gateshead, the average age was 43.8 and the most common age was 62.
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 12, School Close, Gateshead, 0.0% 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 12, School 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.
