2 Argus Close

    2, ARGUS CLOSE, GATESHEAD, NE11 9TA

    This detached freehold property on Argus Close last sold in December 2024 for £280,000. Based on price growth in the NE11 district since then, its estimated current value is £296,831 — placing it in the 49th percentile nationally and the 90th percentile within NE11. The property covers 105 m² (1,130 sq ft), giving an estimated value of £2,827 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,130 sq ft

    105 m²

    Last Sale Price

    £280,000

    Dec 2024

    Estimated Valuation

    £296,831

    Est. £/sq ft

    £263/sq ft

    £2,827/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1991-1995
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,130 sq ft (105 m²)
    EPC dateSept 2024
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    16 Dec 2024

    £280,000

    17 Sept 2015

    £200,000

    31 Jul 2009

    £156,000

    8 Jun 1998

    £75,000

    30 Jun 1995

    New build

    £72,150

    Key Metrics

    Estimated valuation£296,831
    Value per sq ft / m²£263/sq ft (£2,827/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE11 district percentile90th percentile
    National percentile49th percentile

    District Context — NE11

    NE11 covers Cramlington and surrounding areas in south-east Northumberland, situated between Newcastle and the coast. It is a largely suburban district with a strong family-oriented character and established residential communities.

    Average Property Price - NE11

    £184,538

    8

    National percentile

    Average Net Household Income - NE11

    £34,075

    26

    National percentile

    10-Year Annualised Price Growth - NE11

    4.0%

    67

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE11

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