28, Glebe Terrace
28, Glebe Terrace
Description & Estimates
28, Glebe Terrace, Gateshead is recorded publicly as a period leasehold apartment across 688 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 28, Glebe Terrace, Gateshead is £86,010 and its rental estimate is £691 per month, given the available information and assuming reasonable condition.
Glebe Terrace, Gateshead, NE11 falls within the NE11 postal district, in the borough of Gateshead.
Our Data Sources
28, Glebe Terrace, Gateshead has a single entry in the Land Registry from March 2007 and a single entry in the EPC database dated October 2022.
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.
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 28, Glebe Terrace, Gateshead, we estimate a market value of £90,311 and a rental value of £726 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £79,989 and £643 per month respectively.
Recent Market Change
Over the last year, 28, Glebe Terrace, Gateshead has seen its estimated sale value move up by £843 (1.0%) and its estimated rental value increase by £19 per month (2.8%). This results in an estimated gross rental yield of 9.6%.
Energy Efficiency
28, Glebe Terrace, Gateshead has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 25 Oct 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 28, Glebe Terrace, Gateshead completed on 16th March 2007 at £56,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 8.1% over the period since March 2007.
- Sold Mar 2007£56,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 28, Glebe Terrace, Gateshead have sold within a radius of 530 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 28th August 2024, was 13, Wynyard Street, Gateshead, NE11 9NR, a leasehold flat which sold for £43,000.
Read more about house prices in NE11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 44 addresses on Glebe Terrace, Gateshead, NE11, 28, Glebe Terrace, Gateshead comes out as the 37th largest and the 37th most expensive in our analysis of the public data.
It is also £51k less expensive than the average property across the NE11 district.
More reading links
Schools Nearby
- 300mDunston Hill Community Primary School
- 700mSt Philip Neri Catholic Primary School, Dunston
- 800mRiverside Primary Academy
- 400mKingsmeadow Community School
- 2.6kmWhickham School
- 2.8kmNorth East Futures UTC
More reading links
Public Transport Nearby
From 28, Glebe Terrace, Gateshead, the nearest station is Dunston, 400 metres away.
- 400mDunston
- 1.6kmMetroCentre
- 2.9kmNewcastle
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
