According to the public record, 12 December Courtyard, Gateshead is a modern leasehold house with 645 ft2 of internal area and sits on a 89.4 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Christmas Place, Gateshead, NE8 is located in the borough of Gateshead within the NE8 postal district.
12 December Courtyard, Gateshead has 41 entries in the Land Registry database, most recently in August 2022 and a single entry in the EPC database dated April 2016.
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 12 December Courtyard Gateshead as £153,681 and the rental value as £830 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of 12 December Courtyard Gateshead has increased by £5,880 (3.8%) and its rental value has increased by £88 per month (10.6%).
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 12 December Courtyard, Gateshead is in very good condition we estimate a sale value of £161,365 and rental value of £872 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £142,923 and a rental value of £772 per month.
If you were able to purchase this property for the estimated value of £153,681, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £755 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, 12 December Courtyard, Gateshead sits on a plot of 89m2.
We have plot size data on 13 out of 28 other houses in the postcode and 12 December Courtyard, Gateshead sits on the 2nd largest plot.
According to HM Land Registry, 12 December Courtyard, Gateshead was last sold on 31 Aug 2022 for £155,000 and was recorded as a leasehold house.
The property has had 4 sales since 1995.
Since Aug 2022, the market for similar properties has risen 4.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 12 December Courtyard, Gateshead within a radius of 730 metres over the last 2 years.
The most recent example is 5 October Courtyard, Fall Pass, Gateshead, NE8 2BQ, a Leasehold house which sold for £156,000 in Jul 2023.
Read more about house prices in NE8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Christmas Place, Gateshead, NE8 has a total of 34 addresses. According to our analysis of all the public data, 12 December Courtyard, Gateshead is the 27th largest and the 27th most expensive property on the street.
When compared to the postcode district it is £21k more expensive than the average property in NE8.
12 December Courtyard, Gateshead has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Apr 2016.
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 12 December Courtyard, Gateshead is Dunston station which is 1.2 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 12 December Courtyard, Gateshead, 44.5% of property is privately rented and 37.0% 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 12 December Courtyard, Gateshead, 19.8% of residents are recorded as possessing school level qualifications and 57.7% 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 12 December Courtyard, Gateshead, the average age was 38.5 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 12 December Courtyard, Gateshead, 1.7% 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 12 December Courtyard, Gateshead, there are an average of 1.1 cars per household.
See below for how this compares to North East and the rest of England & Wales.