According to the public record, 138, Sheriffs Highway, Gateshead is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 834 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Sheriffs Highway, Gateshead, NE9 is located in the borough of Gateshead within the NE9 postal district.
138, Sheriffs Highway, Gateshead has 31 entries in the Land Registry database, most recently in December 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.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 138 Sheriffs Highway Gateshead as £84,728 and the rental value as £557 per month giving an expected gross yield of 7.9%.
Over the last 12 months the sale value of 138 Sheriffs Highway Gateshead has increased by £1,369 (1.6%) and its rental value has increased by £48 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, Sheriffs Highway, Gateshead is in very good condition we estimate a sale value of £88,965 and rental value of £585 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £78,797 and a rental value of £518 per month.
If you were able to purchase this property for the estimated value of £84,728, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £416 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, 138, Sheriffs Highway, Gateshead was last sold on 04 Dec 2007 for £80,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Dec 2007, the market for similar properties has risen 21.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 138, Sheriffs Highway, Gateshead within a radius of 540 metres over the last 2 years.
The most recent example is 32, Blue Quarries Road, Gateshead, NE9 6QT, a Freehold house which sold for £113,000 in Nov 2016.
Read more about house prices in NE9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Sheriffs Highway, Gateshead, NE9 has a total of 85 addresses. According to our analysis of all the public data, 138, Sheriffs Highway, Gateshead is the 56th largest and the 80th most expensive property on the street.
When compared to the postcode district it is £72k less expensive than the average property in NE9.
The closest station to 138, Sheriffs Highway, Gateshead is Heworth station which is 2.4 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 138, Sheriffs Highway, Gateshead, 49.2% of property is privately owned outright and 29.7% 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, Sheriffs Highway, Gateshead, 14.6% of residents are recorded as possessing school level qualifications and 36.1% 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 138, Sheriffs Highway, Gateshead, the average age was 43.8 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, Sheriffs Highway, Gateshead, 0.4% 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, Sheriffs Highway, Gateshead, there are an average of 1.0 cars per household.
See below for how this compares to North East and the rest of England & Wales.