According to the public record, 14, Mafeking Street, Gateshead is a period leasehold apartment with 1,367 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a garden.
Mafeking Street, Gateshead, NE9 is located in the borough of Gateshead within the NE9 postal district.
14, Mafeking Street, Gateshead has 21 entries in the Land Registry database, most recently in November 2006 and a single entry in the EPC database dated June 2024.
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 14 Mafeking Street Gateshead as £112,539 and the rental value as £796 per month giving an expected gross yield of 8.5%.
Over the last 12 months the sale value of 14 Mafeking Street Gateshead has increased by £3,649 (3.2%) and its rental value has increased by £81 per month (10.2%).
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 14, Mafeking Street, Gateshead is in very good condition we estimate a sale value of £118,166 and rental value of £836 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £104,661 and a rental value of £740 per month.
If you were able to purchase this property for the estimated value of £112,539, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £553 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, 14, Mafeking Street, Gateshead was last sold on 17 Nov 2006 for £105,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 14, Mafeking Street, Gateshead within a radius of 420 metres over the last 2 years.
The most recent example is 366, Old Durham Road, Gateshead, NE8 4BQ, a Leasehold flat which sold for £100,000 in Apr 2022.
Read more about house prices in NE9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mafeking Street, Gateshead, NE9 has a total of 25 addresses. According to our analysis of all the public data, 14, Mafeking Street, Gateshead is the 6th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £44k less expensive than the average property in NE9.
14, Mafeking Street, Gateshead has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 14 Jun 2024.
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 14, Mafeking Street, Gateshead is Heworth station which is 2.3 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 14, Mafeking Street, Gateshead, 31.1% of property is privately rented and 29.4% is privately owned outright.
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 14, Mafeking Street, Gateshead, 17.7% of residents are recorded as possessing school level qualifications and 27.2% 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 14, Mafeking Street, Gateshead, the average age was 37.2 and the most common age was 7.
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 14, Mafeking Street, Gateshead, 0.8% 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 14, Mafeking Street, Gateshead, there are an average of 0.8 cars per household.
See below for how this compares to North East and the rest of England & Wales.