According to the public record, 17, Lingey Lane, Gateshead is a mid-century house with 602 ft2 of internal area.
Houses of this size in this area normally have 2 bedrooms with a garden.
Lingey Lane, Gateshead, NE10 is located in the borough of Gateshead within the NE10 postal district.
17, Lingey Lane, Gateshead has no records in the Land Registry database and a single entry in the EPC database dated July 2023.
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 17 Lingey Lane Gateshead as £98,322 and the rental value as £670 per month giving an expected gross yield of 8.2%.
Over the last 12 months the sale value of 17 Lingey Lane Gateshead has increased by £4,310 (4.4%) and its rental value has increased by £76 per month (11.4%).
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 17, Lingey Lane, Gateshead is in very good condition we estimate a sale value of £103,238 and rental value of £703 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £91,439 and a rental value of £623 per month.
If you were able to purchase this property for the estimated value of £98,322, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £483 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 the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 17, Lingey Lane, Gateshead within a radius of 600 metres over the last 2 years.
The most recent example is 23, Havercroft, Gateshead, NE10 8DQ, a Freehold house which sold for £112,500 in Oct 2023.
Read more about house prices in NE10.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lingey Lane, Gateshead, NE10 has a total of 30 addresses. According to our analysis of all the public data, 17, Lingey Lane, Gateshead is the 26th largest and the 25th most expensive property on the street.
When compared to the postcode district it is £58k less expensive than the average property in NE10.
17, Lingey Lane, Gateshead has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 12 Jul 2023.
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 17, Lingey Lane, Gateshead is Heworth station which is 1.6 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 17, Lingey Lane, Gateshead, 35.5% of property is socially rented and 27.9% 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 17, Lingey Lane, Gateshead, 17.9% of residents are recorded as possessing school level qualifications and 15.5% 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 17, Lingey 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 17, Lingey 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 17, Lingey 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.