8, Gilmore Close
8, Gilmore Close
Description & Estimates
Public records show 8, Gilmore Close, Newcastle Upon Tyne to be a mid-century leasehold house with 602 ft2 of internal area.
In this area, houses of this size normally have 2 bedrooms with a garden.
8, Gilmore Close, Newcastle Upon Tyne has an estimated sale value of £177,476 and an estimated rental value of £1,028 per month, assuming reasonable condition and based on the information available.
Gilmore Close, Newcastle Upon Tyne, NE5 lies in the borough of Newcastle upon Tyne, within the NE5 postal district.
Our Data Sources
8, Gilmore Close, Newcastle Upon Tyne has 4 entries in the Land Registry , most recently in October 2023 and a single entry in the EPC database dated February 2023.
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
In very good condition, we estimate 8, Gilmore Close, Newcastle Upon Tyne would be worth £186,350, with a potential rental value of £1,079 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £165,053, with a rental value of £956 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 8, Gilmore Close, Newcastle Upon Tyne has moved up by £2,385 (1.3%) over the last year. During the same period, its estimated monthly rental value has increased by £40 (3.9%). The property's estimated gross yield is currently 7.0%.
Energy Efficiency
8, Gilmore Close, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 06 Feb 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
8, Gilmore Close, Newcastle Upon Tyne last changed hands on 4th October 2023, selling for £205,000. The transaction was logged as a leasehold house by HM Land Registry.
In total it has sold 4 times since 1995.
The market for similar properties has dropped by 28.5% since October 2023.
- Sold Oct 2023£205,000
- Sold Sep 2011£142,000
- Sold Apr 2011£110,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 560 metres of 8, Gilmore Close, Newcastle Upon Tyne across the last 2 years.
Most recently, 10, Gilmore Close, Newcastle Upon Tyne, NE5 1SL, a leasehold house, sold at £175,000 on the 27th August 2021.
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
Our analysis of the public data ranks 8, Gilmore Close, Newcastle Upon Tyne as the 17th largest and the 16th most expensive of the 19 addresses on Gilmore Close, Newcastle Upon Tyne, NE5.
Against the NE5 postcode district average, it is £18k more expensive than the typical property.
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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
Blaydon station is the nearest stop to 8, Gilmore Close, Newcastle Upon Tyne at 3.7 kilometres away.
- 3.7kmBlaydon
- 5.3kmMetroCentre
- 6.8kmNewcastle
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
