According to the public record, 14, Watermill Lane, Gateshead is a mid-century freehold house with 1,130 ft2 of internal area and sits on a 252 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Watermill Lane, Gateshead, NE10 is located in the borough of Gateshead within the NE10 postal district.
14, Watermill Lane, Gateshead has 21 entries in the Land Registry database, most recently in May 2006 and a single entry in the EPC database dated March 2016.
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 Watermill Lane Gateshead as £154,321 and the rental value as £949 per month giving an expected gross yield of 7.4%.
Over the last 12 months the sale value of 14 Watermill Lane Gateshead has increased by £2,463 (1.6%) and its rental value has increased by £82 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 14, Watermill Lane, Gateshead is in very good condition we estimate a sale value of £162,037 and rental value of £997 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £143,519 and a rental value of £883 per month.
If you were able to purchase this property for the estimated value of £154,321, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £758 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, 14, Watermill Lane, Gateshead sits on a plot of 252m2.
We have plot size data on 19 out of 39 other houses in the postcode and 14, Watermill Lane, Gateshead sits on the 10th largest plot.
According to HM Land Registry, 14, Watermill Lane, Gateshead was last sold on 11 May 2006 for £135,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 14, Watermill Lane, Gateshead within a radius of 540 metres over the last 2 years.
The most recent example is Sunnybrae, Watermill Lane, Gateshead, NE10 9UL, a Freehold house which sold for £190,000 in Feb 2024.
Read more about house prices in NE10.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Watermill Lane, Gateshead, NE10 has a total of 55 addresses. According to our analysis of all the public data, 14, Watermill Lane, Gateshead is the 24th largest and the 23rd most expensive property on the street.
When compared to the postcode district it is £2k less expensive than the average property in NE10.
14, Watermill Lane, Gateshead has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 30 Mar 2016.
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, Watermill Lane, Gateshead is Heworth station which is 500 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 14, Watermill Lane, Gateshead, 34.7% of property is socially rented and 30.7% 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 14, Watermill Lane, Gateshead, 18.8% of residents are recorded as possessing school level qualifications and 24.2% 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, Watermill Lane, Gateshead, the average age was 43.7 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 14, Watermill Lane, 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 14, Watermill Lane, Gateshead, there are an average of 0.9 cars per household.
See below for how this compares to North East and the rest of England & Wales.