According to the public record, 159, Durham Road, Gateshead is a period house with 1,517 ft2 of internal area and sits on a 140 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Durham Road, Gateshead, NE8 is located in the borough of Gateshead within the NE8 postal district.
159, Durham Road, Gateshead has no recent1 records in the Land Registry database and a single entry in the EPC database dated May 2017.
We combine this information with public data 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 159 Durham Road Gateshead as £215,004 and the rental value as £1,161 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of 159 Durham Road Gateshead has increased by £6,625 (3.1%) and its rental value has increased by £114 per month (9.8%).
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 159, Durham Road, Gateshead is in very good condition we estimate a sale value of £225,754 and rental value of £1,219 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £199,954 and a rental value of £1,079 per month.
If you were able to purchase this property for the estimated value of £215,004, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,057 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, 159, Durham Road, Gateshead sits on a plot of 140m2.
We have plot size data on 10 out of 12 other houses in the postcode and 159, Durham Road, Gateshead sits on the 4th largest plot.
According to HM Land Registry, 159, Durham Road, Gateshead was last sold on 11 Dec 2003 for £121,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 159, Durham Road, Gateshead within a radius of 380 metres over the last 2 years.
The most recent example is 75, Durham Road, Gateshead, NE8 4AP, a Freehold house which sold for £195,000 in Mar 2023.
Read more about house prices in NE8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Durham Road, Gateshead, NE8 has a total of 136 addresses. According to our analysis of all the public data, 159, Durham Road, Gateshead is the 39th largest and the 32nd most expensive property on the street.
When compared to the postcode district it is £82k more expensive than the average property in NE8.
159, Durham Road, Gateshead has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 24 May 2017.
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 159, Durham Road, Gateshead is Newcastle 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 159, Durham Road, Gateshead, 43.8% of property is privately rented and 24.7% is socially rented.
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 159, Durham Road, Gateshead, 12.3% of residents are recorded as possessing school level qualifications and 34.8% 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 159, Durham Road, Gateshead, the average age was 38.5 and the most common age was 27.
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 159, Durham Road, 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 159, Durham Road, Gateshead, there are an average of 0.6 cars per household.
See below for how this compares to North East and the rest of England & Wales.