# 24 MEADOW RISE, GATESHEAD, TYNE AND WEAR, NE9 6GE

## Property details

- Slug: `74a7ab7` (address key hash: `74a7ab7a065d4f3d5ded984369039761ce4b6c5f`)
- Postcode: NE9 6GE
- Transactions on record: 1

- 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)

## Latest sale

- Price: £270,000
- Date: 2026-02-12
- Type: F
- Tenure: F

## EPC Rating & Upgrade Cost

- **Current rating:** C
- **Potential rating:** C
- **Expiry date:** 18/08/2035
- **Current heating cost:** £852/year

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/0330-2221-7580-2895-1305)

## Price history

| Event | Date | Price | Type | % change | Today’s value (HPI) | Transaction |
|-------|------|-------|------|--------|---------------------|-------------|
| Sold | 2026-02-12 | £270,000 | Flat | — | £276,493 (to April 2026) | [View](http://87.117.209.195:8080/house-prices/4c1b673f-b141-d8ea-e063-4704a8c0bf7d) |

*Today’s value (HPI): adjusted using published house price index trends for the area and property type; not a valuation of the property today.*

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 24 MEADOW RISE, GATESHEAD, TYNE AND WEAR, NE9 6GE | £270,000 | 12/02/2026 | Flat |

## Historic listings

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

- Matched listing: [165989144](http://87.117.209.195:8080/listings/50c492a)

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

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| 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)

## Capital growth trend

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

- **5y growth:** 32.4%
- **10y growth:** 58.4%

## House Price Index (HM Land Registry)

*Official index for Gateshead; Flats and maisonettes series; as of April 2026.*

- **1y growth (index):** 2.4%
- **5y growth (index):** 7.5%
- **10y growth (index):** 23.9%

## Rental Range

*ONS Price Index of Private Rents (Gateshead). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £711/mo
- **Realistic:** £790/mo
- **Optimistic:** £869/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent 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)**

## 1% Rule

- **Rent ratio:** 0.28% (weak for cashflow)
- **Max investor price (0.8%):** £93,750
- **Target investor price (1%):** £75,000

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £750/mo).*

- **Gross yield:** 3.3%
- **Cost-to-rent:** 30×
- **Monthly cashflow:** £-413/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** -6.3%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − 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
- **Source:** Not in Flood Risk Area (no data)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)

## 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.*

| 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)) |