According to the public record, 15, Field Lane, Gateshead is a mid-century freehold house with 1,821 ft2 of internal area and sits on a 259 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Field Lane, Gateshead, NE10 is located in the borough of Gateshead within the NE10 postal district.
15, Field Lane, Gateshead has 2 entries in the Land Registry database, most recently in August 2015 and a single entry in the EPC database dated February 2012.
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 15 Field Lane Gateshead as £283,943 and the rental value as £1,422 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 15 Field Lane Gateshead has increased by £3,945 (1.4%) and its rental value has increased by £116 per month (8.2%).
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 15, Field Lane, Gateshead is in very good condition we estimate a sale value of £298,140 and rental value of £1,493 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £264,067 and a rental value of £1,323 per month.
If you were able to purchase this property for the estimated value of £283,943, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,395 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, 15, Field Lane, Gateshead sits on a plot of 259m2.
We have plot size data on 7 out of 16 other houses in the postcode and 15, Field Lane, Gateshead sits on the 5th largest plot.
According to HM Land Registry, 15, Field Lane, Gateshead was last sold on 10 Aug 2015 for £270,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Aug 2015, the market for similar properties has risen 25.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 15, Field Lane, Gateshead within a radius of 620 metres over the last 2 years.
The most recent example is 20, Laburnum Avenue, Gateshead, NE10 8HH, a Freehold house which sold for £314,000 in Jul 2023.
Read more about house prices in NE10.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Field Lane, Gateshead, NE10 has a total of 16 addresses. According to our analysis of all the public data, 15, Field Lane, Gateshead is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £127k more expensive than the average property in NE10.
15, Field Lane, Gateshead has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 06 Feb 2012.
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 15, Field Lane, Gateshead is Heworth station which is 500 metres 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 15, Field Lane, Gateshead, 35.0% of property is privately owned outright and 30.1% 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 15, Field Lane, Gateshead, 16.5% of residents are recorded as possessing school level qualifications and 28.1% 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 15, Field Lane, Gateshead, the average age was 41.4 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 15, Field Lane, Gateshead, 1.5% 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 15, Field Lane, Gateshead, there are an average of 1.1 cars per household.
See below for how this compares to North East and the rest of England & Wales.