According to the public record, 129, Brighton Road, Gateshead is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 560 ft2 of internal area and a garden.
Apartments of this size in this area normally have 2 bedrooms.
Brighton Road, Gateshead, NE8 is located in the borough of Gateshead within the NE8 postal district.
129, Brighton Road, Gateshead has 31 entries in the Land Registry database, most recently in November 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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.
1Sales dated prior to 2007 are shown, but are not used in our calculations.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 129 Brighton Road Gateshead as £75,765 and the rental value as £605 per month giving an expected gross yield of 9.6%.
Over the last 12 months the sale value of 129 Brighton Road Gateshead has increased by £2,407 (3.2%) and its rental value has increased by £60 per month (9.9%).
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 129, Brighton Road, Gateshead is in very good condition we estimate a sale value of £79,554 and rental value of £635 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £70,462 and a rental value of £562 per month.
If you were able to purchase this property for the estimated value of £75,765, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £372 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, 129, Brighton Road, Gateshead was last sold on 20 Nov 2007 for £42,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Nov 2007, the market for similar properties has dropped 5.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 129, Brighton Road, Gateshead within a radius of 350 metres over the last 2 years.
The most recent example is 53, Saltwell Place, Gateshead, NE8 4QY, a Leasehold flat which sold for £62,250 in Nov 2023.
Read more about house prices in NE8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Brighton Road, Gateshead, NE8 has a total of 192 addresses. According to our analysis of all the public data, 129, Brighton Road, Gateshead is the 184th largest and the 152nd most expensive property on the street.
When compared to the postcode district it is £57k less expensive than the average property in NE8.
The closest station to 129, Brighton Road, Gateshead is Dunston station which is 1.9 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 129, Brighton Road, Gateshead, 70.3% of property is privately rented and 15.2% 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 129, Brighton Road, Gateshead, 19.2% of residents are recorded as possessing school level qualifications and 31.1% 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 129, Brighton Road, Gateshead, the average age was 38.1 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 129, Brighton Road, 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 129, Brighton Road, Gateshead, there are an average of 0.5 cars per household.
See below for how this compares to North East and the rest of England & Wales.