According to the public record, 108, Oakwood, Gateshead is a mid-century freehold house with 775 ft2 of internal area and sits on a 125 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Oakwood, Gateshead, NE10 is located in the borough of Gateshead within the NE10 postal district.
108, Oakwood, Gateshead has 31 entries in the Land Registry database, most recently in September 2015 and a single entry in the EPC database dated August 2013.
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 108 Oakwood Gateshead as £148,196 and the rental value as £932 per month giving an expected gross yield of 7.5%.
Over the last 12 months the sale value of 108 Oakwood Gateshead has increased by £5,129 (3.5%) and its rental value has increased by £100 per month (10.7%).
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 108, Oakwood, Gateshead is in very good condition we estimate a sale value of £155,606 and rental value of £979 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £137,822 and a rental value of £867 per month.
If you were able to purchase this property for the estimated value of £148,196, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £728 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, 108, Oakwood, Gateshead sits on a plot of 125m2.
We have plot size data on 17 out of 30 other houses in the postcode and 108, Oakwood, Gateshead sits on the 16th largest plot.
According to HM Land Registry, 108, Oakwood, Gateshead was last sold on 25 Sep 2015 for £112,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Sep 2015, the market for similar properties has risen 30.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 108, Oakwood, Gateshead within a radius of 580 metres over the last 2 years.
The most recent example is 21, Planesway, Gateshead, NE10 8LG, a Freehold house which sold for £120,000 in Aug 2022.
Read more about house prices in NE10.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Oakwood, Gateshead, NE10 has a total of 117 addresses. According to our analysis of all the public data, 108, Oakwood, Gateshead is the 54th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £8k less expensive than the average property in NE10.
108, Oakwood, Gateshead has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 17 Aug 2013.
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 108, Oakwood, Gateshead is Heworth station which is 1.9 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 108, Oakwood, Gateshead, 51.0% of property is socially rented and 25.0% 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 108, Oakwood, Gateshead, 23.0% of residents are recorded as possessing school level qualifications and 15.6% 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 108, Oakwood, Gateshead, the average age was 43.8 and the most common age was 62.
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 108, Oakwood, Gateshead, 1.1% 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 108, Oakwood, 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.