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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
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According to the public record, 7, Kings Close, Gateshead is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 817 ft2 of internal area and sits on a 130 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, Kings Close, Gateshead is £128,937 and the estimated rental value is £1,196 per month.
Kings Close, Gateshead, NE8 is located in the borough of Gateshead within the NE8 postal district.
7, Kings Close, Gateshead has 31 entries in the Land Registry , most recently in August 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.
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, Kings Close, Gateshead is in very good condition we estimate a sale value of £135,384 and a rental value of £1,256 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £119,911 and a rental value of £1,112 per month.
Over the last 12 months the sale value of 7 Kings Close Gateshead has increased by an estimated £2,336 (1.8%) and its rental value has increased by an estimated £43 per month (3.6%), giving an expected gross yield of 11.1%.
According to data from HM Land Registry, 7, Kings Close, Gateshead sits on a plot of 130m2.
We have plot size data on 24 out of 24 other houses in the postcode and 7, Kings Close, Gateshead sits on the 9th largest plot.
According to HM Land Registry, 7, Kings Close, Gateshead was last sold on 17th August 2007 for £102,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since August 2007, the market for similar properties has risen 17.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Kings Close, Gateshead within a radius of 460 metres over the last 2 years.
The most recent example is 125, Split Crow Road, Gateshead, NE8 3UA, a freehold house which sold for £140,000 on the 6th November 2024.
Read more about house prices in NE8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Kings Close, Gateshead, NE8 has a total of 24 addresses. According to our analysis of all the public data, 7, Kings Close, Gateshead is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £7k less expensive than the average property in NE8.
The closest station to 7, Kings Close, Gateshead is Heworth station which is 2.0 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, Kings Close, Gateshead, 31.3% of property is socially rented and 27.1% 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, Kings Close, Gateshead, 19.1% of residents are recorded as possessing school level qualifications and 24.4% 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, Kings Close, Gateshead, the average age was 35.8 and the most common age was 27.
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, Kings Close, Gateshead, 1.0% 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, Kings Close, Gateshead, there are an average of 0.5 cars per household.
See below for how this compares to North East and the rest of England & Wales.
