12, Laburnum Avenue, Gateshead has a single entry in the Land Registry database from December 2022 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.
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, Laburnum Avenue, Gateshead is in very good condition we estimate a sale value of £251,560 and rental value of £1,182 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £222,810 and a rental value of £1,047 per month.
If you were able to purchase this property for the estimated value of £239,581, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,177 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, Laburnum Avenue, Gateshead sits on a plot of 348m2.
We have plot size data on 17 out of 25 other houses in the postcode and 12, Laburnum Avenue, Gateshead sits on the 15th largest plot.
According to HM Land Registry, 12, Laburnum Avenue, Gateshead was last sold on 02 Dec 2022 for £230,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Dec 2022, the market for similar properties has risen 4.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 12, Laburnum Avenue, Gateshead within a radius of 620 metres over the last 2 years.
The most recent example is 14, Laburnum Avenue, Gateshead, NE10 8HH, a Freehold house which sold for £225,000 in Feb 2023.
Read more about house prices in NE10.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Laburnum Avenue, Gateshead, NE10 has a total of 25 addresses. According to our analysis of all the public data, 12, Laburnum Avenue, Gateshead is the 16th largest and the 14th most expensive property on the street.
When compared to the postcode district it is £83k more expensive than the average property in NE10.
12, Laburnum Avenue, Gateshead has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 31 Aug 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
According to the public record, 12, Laburnum Avenue, Gateshead is a mid-century freehold house with 1,097 ft2 of internal area and sits on a 348 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Laburnum Avenue, Gateshead, NE10 is located in the borough of Gateshead within the NE10 postal district.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 12 Laburnum Avenue Gateshead as £239,581 and the rental value as £1,126 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of 12 Laburnum Avenue Gateshead has increased by £8,017 (3.3%) and its rental value has increased by £116 per month (10.3%).
The closest station to 12, Laburnum Avenue, Gateshead is Heworth station which is 700 metres 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 12, Laburnum Avenue, Gateshead, 47.4% of property is privately owned outright and 36.8% 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, Laburnum Avenue, Gateshead, 12.1% of residents are recorded as possessing school level qualifications and 33.5% 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, Laburnum Avenue, Gateshead, the average age was 41.4 and the most common age was 57.
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, Laburnum Avenue, 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 12, Laburnum Avenue, 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.