4, Gilmore Close
4, Gilmore Close
Description & Estimates
According to the public record, 4, Gilmore Close, Newcastle Upon Tyne is a mid-century leasehold house with 548 ft2 of internal area.
Houses of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 4, Gilmore Close, Newcastle Upon Tyne is £172,663 and the estimated rental value is £1,000 per month.
Gilmore Close, Newcastle Upon Tyne, NE5 is located in the borough of Newcastle upon Tyne within the NE5 postal district.
Our Data Sources
4, Gilmore Close, Newcastle Upon Tyne has 21 entries in the Land Registry , most recently in May 2015 and a single entry in the EPC database dated February 2015.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
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 4, Gilmore Close, Newcastle Upon Tyne is in very good condition we estimate a sale value of £181,296 and a rental value of £1,050 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £160,577 and a rental value of £930 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 4, Gilmore Close, Newcastle Upon Tyne has climbed by £2,321 (1.3%), while its estimated rental value has risen by £39 per month (3.9%). Based on current estimates, the property offers a gross rental yield of 7.0%.
Energy Efficiency
4, Gilmore Close, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 11 Feb 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 4, Gilmore Close, Newcastle Upon Tyne was last sold on 1st May 2015 for £145,000 and was recorded as a leasehold house.
The property has had 2 sales since 1995.
Since May 2015, the market for similar properties has dropped by 5.7%.
- Sold May 2015£145,000
- Sold Oct 1996£54,500
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Gilmore Close, Newcastle Upon Tyne within a radius of 560 metres over the last 2 years.
The most recent example is 4, Wedmore Road, Newcastle Upon Tyne, NE5 5NR, a leasehold house which sold for £137,500 on the 15th December 2023.
Read more about house prices in NE5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Gilmore Close, Newcastle Upon Tyne, NE5 has a total of 19 addresses. According to our analysis of all the public data, 4, Gilmore Close, Newcastle Upon Tyne is the 19th largest and the 17th most expensive property on the street.
When compared to the postcode district it is £13k more expensive than the average property in NE5.
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Schools Nearby
- 400mWesterhope Primary School
- 500mMilecastle Primary School
- 700mSt John Vianney Catholic Primary School, West Denton
- 900mStudio West
- 1.3kmCallerton Academy
- 2.1kmWalbottle Academy
More reading links
Public Transport Nearby
The closest station to 4, Gilmore Close, Newcastle Upon Tyne is Blaydon station, which is 3.7 kilometres away.
- 3.7kmBlaydon
- 5.3kmMetroCentre
- 6.8kmNewcastle
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
