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Company No. 11113204
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According to the public record, 2, Peterborough Close, Gateshead is a modern freehold house with 914 ft2 of internal area and sits on a 117 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Peterborough Close, Gateshead is £141,920 and the estimated rental value is £1,272 per month.
Peterborough Close, Gateshead, NE8 is located in the borough of Gateshead within the NE8 postal district.
2, Peterborough Close, Gateshead has a single entry in the Land Registry from February 2025 and a single entry in the EPC database dated June 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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 2, Peterborough Close, Gateshead is in very good condition we estimate a sale value of £149,016 and a rental value of £1,335 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £131,985 and a rental value of £1,183 per month.
Over the last 12 months the sale value of 2 Peterborough Close Gateshead has increased by an estimated £2,571 (1.8%) and its rental value has increased by an estimated £46 per month (3.6%), giving an expected gross yield of 10.8%.
According to data from HM Land Registry, 2, Peterborough Close, Gateshead sits on a plot of 117m2.
We have plot size data on 10 out of 18 other houses in the postcode and 2, Peterborough Close, Gateshead sits on the 8th largest plot.
2, Peterborough Close, Gateshead has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 20 Jun 2024.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
According to HM Land Registry, 2, Peterborough Close, Gateshead was last sold on 21st February 2025 for £140,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since February 2025, the market for similar properties has risen 22.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Peterborough Close, Gateshead within a radius of 480 metres over the last 2 years.
The most recent example is 5, Worcester Green, Gateshead, NE8 1NH, a freehold house which sold for £122,500 on the 27th September 2024.
Read more about house prices in NE8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Peterborough Close, Gateshead, NE8 has a total of 18 addresses. According to our analysis of all the public data, 2, Peterborough Close, Gateshead is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £6k more expensive than the average property in NE8.
The closest station to 2, Peterborough Close, Gateshead is Newcastle station which is 1.4 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Peterborough Close, Gateshead, 38.6% of property is socially rented and 23.6% is privately owned outright.
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 2, Peterborough Close, Gateshead, 52.9% of residents are recorded as possessing school level qualifications and 16.7% 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 2, Peterborough 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 2, Peterborough 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 2, Peterborough Close, Gateshead, there are an average of 0.7 cars per household.
See below for how this compares to North East and the rest of England & Wales.
