Our Data Sources
5, Richmond Terrace, Gateshead has a single entry in the Land Registry from September 2015 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 1 out of 5 and is considered of low 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 5, Richmond Terrace, Gateshead, we estimate a market value of £275,683 and a rental value of £1,349 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £244,177 and £1,195 per month respectively.
Plot Size
HM Land Registry records the plot of land for 5, Richmond Terrace, Gateshead as measuring 183 m2.
That makes it the 7th largest plot in the postcode, where 11 of the 12 other houses have recorded plot data.
Sold Prices
The most recent sale of 5, Richmond Terrace, Gateshead completed on 11th September 2015 at £195,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 22.2% over the period since September 2015.
- Sold Sep 2015£195,000
Similar Properties Sold Nearby
Since 2009 11 properties similar to 5, Richmond Terrace, Gateshead have sold within a radius of 380 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 9th August 2023, was 14, Claremont Place, Gateshead, NE8 1TL, a freehold house which sold for £285,995.
Read more about house prices in NE8.
- Sold Aug 2023£285,995 | 4 Bed House14, Claremont Place, Gateshead, NE8 1TL14, Claremont Place, Gateshead, NE8 1TL
- Sold Nov 2019£242,000 | 4 Bed House19, Grasmere Street, Gateshead, NE8 1TR19, Grasmere Street, Gateshead, NE8 1TR
- Sold Aug 2019£250,000 | 4 Bed House9, Ely Street, Gateshead, NE8 1NR9, Ely Street, Gateshead, NE8 1NR
- Sold Jul 2019£219,465 | 4 Bed House35, St. Cuthberts Place, Gateshead, NE8 1TB35, St. Cuthberts Place, Gateshead, NE8 1TB
- Sold May 2019£223,750 | 4 Bed House3, Claremont Place, Gateshead, NE8 1TL3, Claremont Place, Gateshead, NE8 1TL
Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Explore Nearby Properties
The surrounding properties have an average estimated value of £291,566, ranging from £209,541 to £374,962.
- 6 Richmond Terrace
5 Bed House | 6 m | Est. Value: £327,183
- 4 Richmond Terrace
5 Bed House | 8 m | Est. Value: £371,204
- 7 Richmond Terrace
4 Bed House | 13 m | Est. Value: £289,726
- 3 Richmond Terrace
5 Bed House | 14 m | Est. Value: £342,995
- 2 Richmond Terrace
5 Bed House | 21 m | Est. Value: £374,962
Location Comparison
Of the 18 addresses on Richmond Terrace, Gateshead, NE8, 5, Richmond Terrace, Gateshead comes out as the 11th largest and the 11th most expensive in our analysis of the public data.
It is also £125k more expensive than the average property across the NE8 district.
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Schools Nearby
- Caedmon Community Primary School100 m away
- St Joseph's Catholic Primary School, Gateshead500 m away
- South Street Community Primary School500 m away
- North East Futures UTC1.6 km away
- Grace College2.8 km away
- Cardinal Hume Catholic School, Gateshead2.9 km away
More reading links
Public Transport Nearby
- Newcastle|1.8 km away
- Manors|2.1 km away
- Dunston|2.3 km away
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast Broadband available in this area.
Risk of Flooding
The flood risk here is rated Very Low, based on Environment Agency data.
