According to the public record, 10, Glebe Terrace, Gateshead is a period leasehold apartment with 592 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Glebe Terrace, Gateshead, NE11 is located in the borough of Gateshead within the NE11 postal district.
10, Glebe Terrace, Gateshead has 3 entries in the Land Registry database, most recently in March 2022 and a single entry in the EPC database dated September 2017.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
•Public data including the Land Registry and EPC Register is processed and republished under the Government Open Data Licence.
•All values are estimates based on available data. All data and other content are provided subject to our Terms & Conditions.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 10 Glebe Terrace Gateshead as £83,776 and the rental value as £662 per month giving an expected gross yield of 9.5%.
Over the last 12 months the sale value of 10 Glebe Terrace Gateshead has increased by £1,981 (2.4%) and its rental value has increased by £65 per month (9.9%).
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 10, Glebe Terrace, Gateshead is in very good condition we estimate a sale value of £87,965 and rental value of £695 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £77,912 and a rental value of £616 per month.
If you were able to purchase this property for the estimated value of £83,776, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £412 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, 10, Glebe Terrace, Gateshead was last sold on 08 Mar 2022 for £85,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Mar 2022, the market for similar properties has risen 8.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 10, Glebe Terrace, Gateshead within a radius of 530 metres over the last 2 years.
The most recent example is 98, Haig Street, Gateshead, NE11 9BN, a Leasehold flat which sold for £77,500 in Oct 2023.
Read more about house prices in NE11.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Glebe Terrace, Gateshead, NE11 has a total of 44 addresses. According to our analysis of all the public data, 10, Glebe Terrace, Gateshead is the 29th largest and the 40th most expensive property on the street.
When compared to the postcode district it is £49k less expensive than the average property in NE11.
10, Glebe Terrace, Gateshead has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 26 Sep 2017.
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 10, Glebe Terrace, Gateshead is Dunston station which is 400 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 10, Glebe Terrace, Gateshead, 31.7% of property is privately owned with a mortgage and 30.0% 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 10, Glebe Terrace, Gateshead, 19.0% of residents are recorded as possessing school level qualifications and 21.2% 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 10, Glebe Terrace, Gateshead, the average age was 43.4 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 10, Glebe Terrace, Gateshead, 1.4% 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 10, Glebe Terrace, Gateshead, 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.