7 Finchale Close

    7, FINCHALE CLOSE, GATESHEAD, NE11 9PW

    This detached freehold property on Finchale Close last sold in August 2013 for £245,000. Based on price growth in the NE11 district since then, its estimated current value is £460,340 — placing it in the 75th percentile nationally and the 98th percentile within NE11. The property covers 107 m² (1,152 sq ft), giving an estimated value of £4,302 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,152 sq ft

    107 m²

    Last Sale Price

    £245,000

    Aug 2013

    Estimated Valuation

    £460,340

    Est. £/sq ft

    £400/sq ft

    £4,302/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1991-1995
    Habitable rooms7
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,152 sq ft (107 m²)
    EPC dateApr 2012
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    1 Aug 2013

    £245,000

    20 Oct 2005

    £192,000

    14 Dec 2001

    £115,000

    22 Nov 1996

    £83,500

    27 Sept 1996

    £58,500

    Key Metrics

    Estimated valuation£460,340
    Value per sq ft / m²£400/sq ft (£4,302/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE11 district percentile98th percentile
    National percentile75th 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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