According to the public record, 138, Sherburn Way, Gateshead is a modern freehold house with 678 ft2 of internal area and sits on a 164 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Sherburn Way, Gateshead, NE10 is located in the borough of Gateshead within the NE10 postal district.
138, Sherburn Way, Gateshead has 31 entries in the Land Registry database, most recently in September 2021 and a single entry in the EPC database dated June 2021.
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 138 Sherburn Way Gateshead as £181,789 and the rental value as £977 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of 138 Sherburn Way Gateshead has increased by £3,557 (2.0%) and its rental value has increased by £85 per month (8.7%).
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 138, Sherburn Way, Gateshead is in very good condition we estimate a sale value of £190,879 and rental value of £1,026 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £169,064 and a rental value of £909 per month.
If you were able to purchase this property for the estimated value of £181,789, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £893 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, 138, Sherburn Way, Gateshead sits on a plot of 164m2.
We have plot size data on 38 out of 75 other houses in the postcode and 138, Sherburn Way, Gateshead sits on the 35th largest plot.
According to HM Land Registry, 138, Sherburn Way, Gateshead was last sold on 23 Sep 2021 for £157,100 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Sep 2021, the market for similar properties has risen 9.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 138, Sherburn Way, Gateshead within a radius of 770 metres over the last 2 years.
The most recent example is 33, Stanton Close, Gateshead, NE10 8UJ, a Leasehold house which sold for £170,000 in Mar 2024.
Read more about house prices in NE10.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Sherburn Way, Gateshead, NE10 has a total of 155 addresses. According to our analysis of all the public data, 138, Sherburn Way, Gateshead is the 117th largest and the 76th most expensive property on the street.
When compared to the postcode district it is £25k more expensive than the average property in NE10.
138, Sherburn Way, Gateshead has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 16 Jun 2021.
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 138, Sherburn Way, Gateshead is Heworth station which is 2.0 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 138, Sherburn Way, Gateshead, 59.1% of property is privately owned outright and 31.8% 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 138, Sherburn Way, Gateshead, 8.3% of residents are recorded as possessing school level qualifications and 30.8% 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 138, Sherburn Way, Gateshead, the average age was 45.1 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 138, Sherburn Way, 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 138, Sherburn Way, Gateshead, there are an average of 1.2 cars per household.
See below for how this compares to North East and the rest of England & Wales.