Flats/Maisonettes

24 MEADOW RISE

GATESHEAD, TYNE AND WEAR, NE9 6GE

£270,000

Location

Map view View on Google Maps View on OpenStreetMap Street View NE9 6GE

Nearby

Nearest stations, universities and amenities (distance from property).

Type Name Distance
Bus stop FURROWFIELD ESTATE 0.2 miles
Shop Premier 0.2 miles
Train station Felling 1.1 miles
University Newcastle University 3.2 miles
Hospital Sunderland Primary care Trust 5.2 miles

Property details

Tenure

Freehold

Property type

Flat

Bedrooms

4

Bathrooms

2

Floor area

100 m²

EPC rating

C

Year built

England and Wales: 1996-2002

Last sold

£270,000 Feb 2026

Price per m²

£2,700/m²

Local average

£125,523 (22 sales)

Street crime

406 incidents within 1 mile (May 2026)

EPC Rating & Upgrade Cost

Current rating: C

Potential rating: C

Inspection date: 19/08/2025

Expiry date: 18/08/2035

Current heating cost: £852/year

Potential heating cost: £852/year

View full EPC on gov.uk

Price history

Event Date Price Type % change Today’s value (HPI) Action
Sold 12/02/2026 £270,000 Flat — £276,493 to April 2026 View transaction

Historic listings

Listing and sale events only where we matched the listing page to a Land Registry sale already on record for this address.

Event Date Price
sold 01/01/2026 £270,000
listed 20/08/2025 £250,000
sold 01/01/2001 £89,500
sold 01/01/2001 £76,712

Photos · Open listing

Open image 1 from listing 165989144 Open image 2 from listing 165989144 Open image 3 from listing 165989144 Open image 4 from listing 165989144 Open image 5 from listing 165989144 Open image 6 from listing 165989144 Open image 7 from listing 165989144 Open image 8 from listing 165989144 Open image 9 from listing 165989144 Open image 10 from listing 165989144 Open image 11 from listing 165989144 Open image 12 from listing 165989144

Sold comparables

Same street and nearby sales within 0.25 miles (last 5 years). Land Registry Price Paid Data.

Address Price Date Type
112 COLTSFOOT GARDENS, GATESHEAD, TYNE AND WEAR, NE10 9RF £50,000 29/08/2025 Flat
125 COLTSFOOT GARDENS, GATESHEAD, TYNE AND WEAR, NE10 9RF £70,000 18/08/2023 Flat
29 HEATHERLAW, GATESHEAD, TYNE AND WEAR, NE9 6RY £91,000 23/09/2022 Flat
28 HEATHERLAW, GATESHEAD, TYNE AND WEAR, NE9 6RY £100,000 15/11/2021 Flat

Area average: £77,750 (4 sales)

For sale comparables

No active for-sale comparables found within 1 mile for the same bedrooms and property type.

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth 32.4%
10y growth 58.4%

House Price Index (HM Land Registry — official index, not sold-price averages): Gateshead. Series: Flats and maisonettes. As of April 2026.

1y (index) 2.4%
5y (index) 7.5%
10y (index) 23.9%

Rental Range

Estimated market rent for Gateshead. Low = conservative, Realistic = average, Optimistic = best case.

Low £711/mo
Realistic £790/mo
Optimistic £869/mo

Based on Local Authority from postcode lookup → Gateshead.

LHA (30th percentile) floor for Tyneside: Apr 2025 – Mar 2026

Rental Comparables

Residential lets in the area (all bedroom counts shown — none matched the 4-bedroom count for this property). Student lets are excluded.

Title Rent Beds Distance As seen on
2 Bed Flat, Hewitson Terrace, NE10 £750/mo 2 0.66 miles OpenRent

Average rent: £750/mo (1 listing)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.28%
Max investor price (0.8%) £93,750
Target investor price (1%) £75,000
Gross yield 3.3%
Cost-to-rent ratio 30×
Monthly cashflow £-413/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI -6.3%
  • Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
  • Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
  • Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
  • Gross yield — Annual rent as % of purchase price (no costs).
  • Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
  • Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
  • ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).

Flood risk

Zone: 1

Risk: Low

Not in Flood Risk Area (no data)

Street-level crime

Category Count
Violence and sexual offences 107
Shoplifting 77
Anti-social behaviour 61
Criminal damage and arson 55
Public order 23
Burglary 20
Vehicle crime 19
Other theft 14
Other crime 10
Robbery 6
Possession of weapons 4
Theft from the person 4
Bicycle theft 3
Drugs 3
Total incidents 406

Within 1 mile during May 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name Type Distance Ofsted
Furrowfield School Other 0.2 miles Good — 10 May 2013
Cardinal Hume Catholic School, Gateshead Secondary 0.2 miles Outstanding — 8 Jul 2024
Larkspur Community Primary School Primary 0.3 miles — (Inspected (no overall grade))
Windy Nook Primary School Primary 0.5 miles Good — 4 Oct 2013
Glynwood Community Primary School Primary 0.5 miles — (Inspected (no overall grade))

FENSA

No FENSA certificates found for this address.