7 Gullane Close

    7, GULLANE CLOSE, GATESHEAD, NE10 0TQ

    This terraced leasehold property on Gullane Close last sold in June 2019 for £130,500. Based on price growth in the NE10 district since then, its estimated current value is £162,105 — placing it in the 15th percentile nationally and the 61st percentile within NE10. The property covers 68 m² (732 sq ft), giving an estimated value of £2,384 per m². The EPC rating is F, with a potential rating of C.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    732 sq ft

    68 m²

    Last Sale Price

    £130,500

    Jun 2019

    Estimated Valuation

    £162,105

    Est. £/sq ft

    £221/sq ft

    £2,384/m²

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms4
    Main fuelelectricity (not community)
    EPC currentF
    EPC potentialC
    Floor area732 sq ft (68 m²)
    EPC dateApr 2018
    WallsCavity wall, filled cavity
    HeatingElectric storage heaters

    Transaction History

    14 Jun 2019

    £130,500

    Key Metrics

    Estimated valuation£162,105
    Value per sq ft / m²£221/sq ft (£2,384/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE10 district percentile61st percentile
    National percentile15th percentile

    District Context — NE10

    NE10 covers the Chester-le-Street area in south-east Durham, positioned between Sunderland and Gateshead. It is a largely working-class community with a strong social housing presence and steady, affordable residential demand.

    Average Property Price - NE10

    £158,785

    4

    National percentile

    Average Net Household Income - NE10

    £31,483

    12

    National percentile

    10-Year Annualised Price Growth - NE10

    3.4%

    42

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE10

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