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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 7, Heath Close, Gateshead is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 992 ft2 of internal area and sits on a 467 m2 plot and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 7, Heath Close, Gateshead is £228,646 and the estimated rental value is £1,672 per month.
Heath Close, Gateshead, NE11 is located in the borough of Gateshead within the NE11 postal district.
7, Heath Close, Gateshead has 41 entries in the Land Registry , most recently in December 2013 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.
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 7, Heath Close, Gateshead is in very good condition we estimate a sale value of £240,078 and a rental value of £1,755 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £212,641 and a rental value of £1,555 per month.
Over the last 12 months the sale value of 7 Heath Close Gateshead has increased by an estimated £4,142 (1.8%) and its rental value has increased by an estimated £60 per month (3.6%), giving an expected gross yield of 8.8%.
According to data from HM Land Registry, 7, Heath Close, Gateshead sits on a plot of 467m2.
We have plot size data on 23 out of 25 other houses in the postcode and 7, Heath Close, Gateshead sits on the largest plot.
According to HM Land Registry, 7, Heath Close, Gateshead was last sold on 19th December 2013 for £164,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since December 2013, the market for similar properties has dropped 3.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Heath Close, Gateshead within a radius of 740 metres over the last 2 years.
The most recent example is 14, Marsh Court, Gateshead, NE11 9TD, a freehold house which sold for £236,000 on the 26th July 2024.
Read more about house prices in NE11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Heath Close, Gateshead, NE11 has a total of 25 addresses. According to our analysis of all the public data, 7, Heath Close, Gateshead is the 8th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £93k more expensive than the average property in NE11.
The closest station to 7, Heath Close, Gateshead is Dunston station which is 1.0 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 7, Heath Close, Gateshead, 45.3% of property is privately owned with a mortgage and 37.7% 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 7, Heath Close, Gateshead, 17.7% of residents are recorded as possessing school level qualifications and 32.7% 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 7, Heath Close, Gateshead, the average age was 43.3 and the most common age was 57.
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 7, Heath 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 7, Heath Close, Gateshead, there are an average of 1.5 cars per household.
See below for how this compares to North East and the rest of England & Wales.
