According to the public record, 10, Patterdale Terrace, Gateshead is a period leasehold apartment with 721 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a garden.
Patterdale Terrace, Gateshead, NE8 is located in the borough of Gateshead within the NE8 postal district.
10, Patterdale Terrace, Gateshead has 2 entries in the Land Registry database, most recently in February 2018 and a single entry in the EPC database dated October 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 Patterdale Terrace Gateshead as £114,168 and the rental value as £868 per month giving an expected gross yield of 9.1%.
Over the last 12 months the sale value of 10 Patterdale Terrace Gateshead has increased by £3,748 (3.3%) and its rental value has increased by £87 per month (10.0%).
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, Patterdale Terrace, Gateshead is in very good condition we estimate a sale value of £119,877 and rental value of £912 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £106,177 and a rental value of £808 per month.
If you were able to purchase this property for the estimated value of £114,168, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £561 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, Patterdale Terrace, Gateshead was last sold on 09 Feb 2018 for £66,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Feb 2018, the market for similar properties has risen 14.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 10, Patterdale Terrace, Gateshead within a radius of 390 metres over the last 2 years.
The most recent example is 42, Silverdale Terrace, Gateshead, NE8 4JL, a Leasehold flat which sold for £95,000 in May 2024.
Read more about house prices in NE8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Patterdale Terrace, Gateshead, NE8 has a total of 32 addresses. According to our analysis of all the public data, 10, Patterdale Terrace, Gateshead is the 27th largest and the 26th most expensive property on the street.
When compared to the postcode district it is £19k less expensive than the average property in NE8.
10, Patterdale Terrace, Gateshead has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 Oct 2017.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to 10, Patterdale Terrace, Gateshead is Newcastle station which is 2.5 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 10, Patterdale Terrace, Gateshead, 41.3% of property is privately rented and 25.2% 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, Patterdale Terrace, Gateshead, 17.3% of residents are recorded as possessing school level qualifications and 41.3% 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, Patterdale Terrace, Gateshead, the average age was 35.8 and the most common age was 32.
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, Patterdale 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 10, Patterdale Terrace, Gateshead, there are an average of 0.8 cars per household.
See below for how this compares to North East and the rest of England & Wales.