According to the public record, 10, Lyndhurst Drive, Gateshead is a period leasehold house with 1,334 ft2 of internal area and sits on a 304 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Lyndhurst Drive, Gateshead, NE9 is located in the borough of Gateshead within the NE9 postal district.
10, Lyndhurst Drive, Gateshead has a single entry in the Land Registry database from July 2019 and a single entry in the EPC database dated September 2018.
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 10 Lyndhurst Drive Gateshead as £389,867 and the rental value as £1,658 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of 10 Lyndhurst Drive Gateshead has increased by £4,514 (1.2%) and its rental value has increased by £136 per month (8.2%).
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, Lyndhurst Drive, Gateshead is in very good condition we estimate a sale value of £409,360 and rental value of £1,741 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £362,576 and a rental value of £1,542 per month.
If you were able to purchase this property for the estimated value of £389,867, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,916 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 data from HM Land Registry, 10, Lyndhurst Drive, Gateshead sits on a plot of 304m2.
We have plot size data on 16 out of 18 other houses in the postcode and 10, Lyndhurst Drive, Gateshead sits on the 15th largest plot.
According to HM Land Registry, 10, Lyndhurst Drive, Gateshead was last sold on 19 Jul 2019 for £350,000 and was recorded as a leasehold house.
The property has only had this single sale since 1995.
Since Jul 2019, the market for similar properties has risen 15.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 10, Lyndhurst Drive, Gateshead within a radius of 500 metres over the last 2 years.
The most recent example is 17, Lyndhurst Crescent, Gateshead, NE9 6BA, a Leasehold house which sold for £425,000 in Sep 2020.
Read more about house prices in NE9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lyndhurst Drive, Gateshead, NE9 has a total of 18 addresses. According to our analysis of all the public data, 10, Lyndhurst Drive, Gateshead is the 15th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £233k more expensive than the average property in NE9.
10, Lyndhurst Drive, Gateshead has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 24 Sep 2018.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to 10, Lyndhurst Drive, Gateshead is Heworth station which is 3.5 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 10, Lyndhurst Drive, Gateshead, 50.0% of property is privately owned outright and 30.7% 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 10, Lyndhurst Drive, Gateshead, 19.3% of residents are recorded as possessing school level qualifications and 55.3% 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, Lyndhurst Drive, 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 10, Lyndhurst Drive, Gateshead, 2.5% 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, Lyndhurst Drive, Gateshead, there are an average of 1.3 cars per household.
See below for how this compares to North East and the rest of England & Wales.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.