Pacha Way, Gateshead, NE8 is a residential street which is the 259th longest street in the NE8 area.
It contains 15 houses and the most common type of property is a modern house built after 1980.
The average house value is £197,446. Sales values have increased in the last 12 months by 2.2% and Rental values have increased by 8.9%.
Property sale values range from £171,930 for a leasehold house, with 2 bedrooms split across 657 square feet of gross internal area and has a garden to £214,223 for a leasehold house, with 3 bedrooms split across 936 square feet of gross internal area and has a garden.
Average £/ft2 for properties in Pacha Way, Gateshead, NE8 is £238/ft2.
Properties achieve a rental yield of between 5.8% and 6.2%, and rental values range from £886 to £1,037 per month.
The last sale was 01 Sep 2023 for £191,000 and since then the market in the area has increased by 2.9%. The street has had a total of 4 sales since 1995.
Pacha Way, Gateshead, NE8 has seen 4 sales in the last three years and no sales in the last twelve months.
Pacha Way, Gateshead, NE8 is the 259th largest and the 570th most expensive street in the NE8 area.
There is 1 postcode on Pacha Way, Gateshead, NE8.
Pacha Way, Gateshead, NE8 is a residential street located in NE8 containing 15 houses.
The most common property type on Pacha Way, Gateshead, NE8 is a modern house 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 Pacha Way, Gateshead, NE8 is Dunston station which is 800 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around Pacha Way, Gateshead, NE8, 44.9% of property is privately rented and 35.3% 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 Pacha Way, Gateshead, NE8, 12.6% of residents are recorded as possessing school level qualifications and 67.0% 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 Pacha Way, Gateshead, NE8, the average age was 38.5 and the most common age was 32.
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 Pacha Way, Gateshead, NE8, 0.3% 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 Pacha Way, Gateshead, NE8, there are an average of 1.0 cars per household.
See below for how this compares to North East and the rest of England & Wales.