According to the public record, 13, Hedley Street, Gateshead is a period freehold house with 1,022 ft2 of internal area and sits on a 105 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Hedley Street, Gateshead, NE8 is located in the borough of Gateshead within the NE8 postal district.
13, Hedley Street, Gateshead has 21 entries in the Land Registry database, most recently in March 2015 and a single entry in the EPC database dated April 2014.
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 13 Hedley Street Gateshead as £107,878 and the rental value as £673 per month giving an expected gross yield of 7.5%.
Over the last 12 months the sale value of 13 Hedley Street Gateshead has increased by £2,445 (2.3%) and its rental value has increased by £60 per month (8.9%).
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 13, Hedley Street, Gateshead is in very good condition we estimate a sale value of £113,272 and rental value of £707 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £100,326 and a rental value of £626 per month.
If you were able to purchase this property for the estimated value of £107,878, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £530 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, 13, Hedley Street, Gateshead sits on a plot of 105m2.
We have plot size data on 10 out of 18 other houses in the postcode and 13, Hedley Street, Gateshead sits on the 15th largest plot.
According to HM Land Registry, 13, Hedley Street, Gateshead was last sold on 24 Mar 2015 for £67,500 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Mar 2015, the market for similar properties has risen 27.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 13, Hedley Street, Gateshead within a radius of 410 metres over the last 2 years.
The most recent example is 145, Brighton Road, Gateshead, NE8 1XS, a Leasehold house which sold for £137,000 in Dec 2022.
Read more about house prices in NE8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hedley Street, Gateshead, NE8 has a total of 37 addresses. According to our analysis of all the public data, 13, Hedley Street, Gateshead is the 6th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £25k less expensive than the average property in NE8.
13, Hedley Street, Gateshead has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 Apr 2014.
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 13, Hedley Street, Gateshead is Dunston station which is 1.6 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 13, Hedley Street, Gateshead, 46.8% of property is privately rented and 38.1% is socially rented.
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 13, Hedley Street, Gateshead, 25.1% of residents are recorded as possessing school level qualifications and 16.6% 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 13, Hedley Street, 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 13, Hedley Street, 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 13, Hedley Street, Gateshead, there are an average of 0.4 cars per household.
See below for how this compares to North East and the rest of England & Wales.