According to the public record, 1, Woodlands Terrace, Gateshead is a period leasehold apartment with 796 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a garden.
Woodlands Terrace, Gateshead, NE10 is located in the borough of Gateshead within the NE10 postal district.
1, Woodlands Terrace, Gateshead has 31 entries in the Land Registry database, most recently in December 2006 and a single entry in the EPC database dated April 2023.
We combine this information with that 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 Woodlands Terrace Gateshead as £81,040 and the rental value as £621 per month giving an expected gross yield of 9.2%.
Over the last 12 months the sale value of 1 Woodlands Terrace Gateshead has increased by £2,377 (2.9%) and its rental value has increased by £62 per month (10.1%).
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, Woodlands Terrace, Gateshead is in very good condition we estimate a sale value of £85,092 and rental value of £652 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £75,368 and a rental value of £578 per month.
If you were able to purchase this property for the estimated value of £81,040, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £398 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 HM Land Registry, 1, Woodlands Terrace, Gateshead was last sold on 01 Dec 2006 for £95,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Woodlands Terrace, Gateshead within a radius of 450 metres over the last 2 years.
The most recent example is 29, Woodlands Terrace, Gateshead, NE10 9HT, a Leasehold flat which sold for £90,000 in Apr 2024.
Read more about house prices in NE10.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Woodlands Terrace, Gateshead, NE10 has a total of 52 addresses. According to our analysis of all the public data, 1, Woodlands Terrace, Gateshead is the 15th largest and the 14th most expensive property on the street.
When compared to the postcode district it is £75k less expensive than the average property in NE10.
1, Woodlands Terrace, Gateshead has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 17 Apr 2023.
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, Woodlands Terrace, Gateshead is Heworth station which is 1.2 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 1, Woodlands Terrace, Gateshead, 46.5% of property is socially rented and 23.7% is privately rented.
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, Woodlands Terrace, Gateshead, 18.3% of residents are recorded as possessing school level qualifications and 18.6% 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, Woodlands Terrace, Gateshead, the average age was 43.7 and the most common age was 57.
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, Woodlands Terrace, Gateshead, 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 1, Woodlands Terrace, Gateshead, there are an average of 0.6 cars per household.
See below for how this compares to North East and the rest of England & Wales.