According to the public record, 10, Lyons Court, Gateshead is a modern leasehold apartment with 635 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Lyons Court, Gateshead, NE10 is located in the borough of Gateshead within the NE10 postal district.
10, Lyons Court, Gateshead has a single entry in the Land Registry database from December 2006 and a single entry in the EPC database dated August 2022.
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 Lyons Court Gateshead as £93,983 and the rental value as £675 per month giving an expected gross yield of 8.6%.
Over the last 12 months the sale value of 10 Lyons Court Gateshead has increased by £2,823 (3.0%) and its rental value has increased by £65 per month (9.7%).
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, Lyons Court, Gateshead is in very good condition we estimate a sale value of £98,682 and rental value of £709 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £87,404 and a rental value of £628 per month.
If you were able to purchase this property for the estimated value of £93,983, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £462 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, Lyons Court, Gateshead was last sold on 22 Dec 2006 for £120,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 10, Lyons Court, Gateshead within a radius of 540 metres over the last 2 years.
The most recent example is 37, Cartmel Park, Gateshead, NE10 0UZ, a Leasehold flat which sold for £90,000 in Aug 2023.
Read more about house prices in NE10.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lyons Court, Gateshead, NE10 has a total of 14 addresses. According to our analysis of all the public data, 10, Lyons Court, Gateshead is the 14th largest and the 14th most expensive property on the street.
When compared to the postcode district it is £63k less expensive than the average property in NE10.
10, Lyons Court, Gateshead has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 09 Aug 2022.
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, Lyons Court, Gateshead is Heworth station which is 1.0 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 10, Lyons Court, Gateshead, 41.6% of property is privately rented and 39.1% 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, Lyons Court, Gateshead, 18.5% of residents are recorded as possessing school level qualifications and 41.2% 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, Lyons Court, Gateshead, the average age was 39.7 and the most common age was 27.
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, Lyons Court, Gateshead, 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 10, Lyons Court, Gateshead, there are an average of 0.9 cars per household.
See below for how this compares to North East and the rest of England & Wales.