According to the public record, 163, Windy Nook Road, Gateshead is a period leasehold apartment with 791 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Windy Nook Road, Gateshead, NE10 is located in the borough of Gateshead within the NE10 postal district.
163, Windy Nook Road, Gateshead has 2 entries in the Land Registry database, most recently in November 2019 and a single entry in the EPC database dated August 2011.
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 163 Windy Nook Road Gateshead as £87,931 and the rental value as £654 per month giving an expected gross yield of 8.9%.
Over the last 12 months the sale value of 163 Windy Nook Road Gateshead has increased by £2,470 (2.8%) and its rental value has increased by £65 per month (10.0%).
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 163, Windy Nook Road, Gateshead is in very good condition we estimate a sale value of £92,327 and rental value of £686 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £81,776 and a rental value of £608 per month.
If you were able to purchase this property for the estimated value of £87,931, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £432 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, 163, Windy Nook Road, Gateshead was last sold on 15 Nov 2019 for £68,800 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Nov 2019, the market for similar properties has risen 14.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 163, Windy Nook Road, Gateshead within a radius of 570 metres over the last 2 years.
The most recent example is 21, Cooperative Crescent, Gateshead, NE10 9SQ, a Leasehold flat which sold for £83,000 in Jun 2024.
Read more about house prices in NE10.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Windy Nook Road, Gateshead, NE10 has a total of 52 addresses. According to our analysis of all the public data, 163, Windy Nook Road, Gateshead is the 39th largest and the 40th most expensive property on the street.
When compared to the postcode district it is £69k less expensive than the average property in NE10.
163, Windy Nook Road, Gateshead has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 12 Aug 2011.
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 163, Windy Nook Road, Gateshead is Heworth station which is 1.8 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 163, Windy Nook Road, Gateshead, 37.9% of property is privately owned outright and 26.5% is privately 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 163, Windy Nook Road, Gateshead, 9.7% of residents are recorded as possessing school level qualifications and 40.4% 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 163, Windy Nook Road, Gateshead, the average age was 43.8 and the most common age was 62.
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 163, Windy Nook Road, Gateshead, 0.7% 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 163, Windy Nook Road, 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.