According to the public record, 1, Hutton Terrace, Gateshead is a period apartment with 830 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a garden.
Hutton Terrace, Gateshead, NE9 is located in the borough of Gateshead within the NE9 postal district.
1, Hutton Terrace, Gateshead has no records in the Land Registry database and a single entry in the EPC database dated June 2009.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 1 Hutton Terrace Gateshead as £147,411 and the rental value as £867 per month giving an expected gross yield of 7.1%.
Over the last 12 months the sale value of 1 Hutton Terrace Gateshead has increased by £5,063 (3.4%) and its rental value has increased by £92 per month (10.6%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 1, Hutton Terrace, Gateshead is in very good condition we estimate a sale value of £154,782 and rental value of £910 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £137,092 and a rental value of £806 per month.
If you were able to purchase this property for the estimated value of £147,411, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £724 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Hutton Terrace, Gateshead within a radius of 520 metres over the last 2 years.
The most recent example is 45, Worley Avenue, Gateshead, NE9 6AL, a Leasehold flat which sold for £160,500 in Jul 2023.
Read more about house prices in NE9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hutton Terrace, Gateshead, NE9 has a total of 13 addresses. According to our analysis of all the public data, 1, Hutton Terrace, Gateshead is the 7th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £9k less expensive than the average property in NE9.
1, Hutton Terrace, Gateshead has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 05 Jun 2009.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 1, Hutton Terrace, Gateshead is Dunston station which is 3.5 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 1, Hutton Terrace, Gateshead, 45.5% of property is privately owned with a mortgage and 42.7% is privately owned outright.
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 1, Hutton Terrace, Gateshead, 17.8% of residents are recorded as possessing school level qualifications and 45.1% 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 1, Hutton Terrace, Gateshead, the average age was 46 and the most common age was 52.
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 1, Hutton Terrace, Gateshead, 0.8% 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 1, Hutton Terrace, Gateshead, there are an average of 1.1 cars per household.
See below for how this compares to North East and the rest of England & Wales.