Colombo Square, Worsdell Drive, Gateshead, NE8 is a residential building located on Worsdell Drive, Gateshead, NE8. It is the 348th largest building in the NE8 area.
It contains 99 flats and 1 unknown and the most common type of property is a modern flat built after 1980.
The average house value is £142,315. Sales values have increased in the last 12 months by 2.6% and Rental values have increased by 9.2%.
Property sale values range from £62,157 for a studio leasehold flat of 161 square feet and has a balcony to £308,340 for a leasehold flat, with 3 bedrooms split across 1,507 square feet of gross internal area and has a balcony.
Average £/ft2 for properties in Colombo Square, Worsdell Drive, Gateshead, NE8 is £220/ft2.
Properties achieve a rental yield of between 6.3% and 8%, and rental values range from £399 to £1,625 per month.
The last sale was 11 Jun 2024 for £180,000 and since then the market in the area has increased by 3.3%. The building has had a total of 4 sales since 1995.
Colombo Square, Worsdell Drive, Gateshead, NE8 has seen 4 sales in the last three years and 4 sales in the last twelve months.
Colombo Square, Worsdell Drive, Gateshead, NE8 is a residential building located on Worsdell Drive, Gateshead, NE8 with 99 flats and 1 unknown.
The most common property type in Colombo Square, Worsdell Drive, Gateshead, NE8 is a modern flat built after 1980.
The homes with certificates are generally modern in style with the most common Energy Performance Certificate (EPC) rating being C.
The closest station to Colombo Square, Worsdell Drive, Gateshead, NE8 is Newcastle station which is 700 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Colombo Square, Worsdell Drive, Gateshead, NE8, 62.9% of property is privately rented and 25.8% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Colombo Square, Worsdell Drive, Gateshead, NE8, 11.5% of residents are recorded as possessing school level qualifications and 83.0% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around Colombo Square, Worsdell Drive, Gateshead, NE8, the average age was 35.8 and the most common age was 27.
The graph below shows how this compares to North East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Colombo Square, Worsdell Drive, Gateshead, NE8, 0.0% of property was a second home.
Comparison figures for North East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Colombo Square, Worsdell Drive, Gateshead, NE8, there are an average of 0.9 cars per household.
See below for how this compares to North East and the rest of England & Wales.