7, Greenfield Terrace
7, Greenfield Terrace
Description & Estimates
7, Greenfield Terrace, Gateshead appears in the public record as a leasehold apartment.
By comparing it to nearby properties, we estimate it to be a period apartment with 734 ft2 of internal area and a garden.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 7, Greenfield Terrace, Gateshead is £78,477 and its rental estimate is £638 per month, given the available information and assuming reasonable condition.
Greenfield Terrace, Gateshead, NE10 falls within the NE10 postal district, in the borough of Gateshead.
Our Data Sources
7, Greenfield Terrace, Gateshead has 2 entries in the Land Registry , most recently in July 2007 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 4 out of 5 and is considered of high 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 7, Greenfield Terrace, Gateshead, we estimate a market value of £82,401 and a rental value of £670 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £72,983 and £594 per month respectively.
Recent Market Change
Over the last year, 7, Greenfield Terrace, Gateshead has seen its estimated sale value move up by £366 (0.5%) and its estimated rental value increase by £20 per month (3.1%). This results in an estimated gross rental yield of 9.8%.
Sold Prices
The most recent sale of 7, Greenfield Terrace, Gateshead completed on 6th July 2007 at £89,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 9.6% over the period since July 2007.
- Sold Jul 2007£89,000
- Sold Feb 2007£120,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 7, Greenfield Terrace, Gateshead have sold within a radius of 670 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 2nd July 2024, was 1, Greenfield Terrace, Gateshead, NE10 0YH, a leasehold flat which sold for £73,000.
Read more about house prices in NE10.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 12 addresses on Greenfield Terrace, Gateshead, NE10, 7, Greenfield Terrace, Gateshead comes out as the 4th largest and the 4th most expensive in our analysis of the public data.
It is also £84k less expensive than the average property across the NE10 district.
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Schools Nearby
- 400mSt Alban's Catholic Primary School, Pelaw
- 600mThe Drive Community Primary School
- 700mWardley Primary School
- 600mHeworth Grange School
- 1.4kmXP Gateshead
- 1.9kmSt Joseph's Catholic Academy
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Public Transport Nearby
From 7, Greenfield Terrace, Gateshead, the nearest station is Heworth, 400 metres away.
- 400mHeworth
- 4.1kmManors
- 4.6kmNewcastle
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
