According to the public record, 17, Wellington Road, Gateshead is a freehold house.
By comparing it to neighbours, we estimate that it is a early-century house with 932 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Wellington Road, Gateshead, NE11 is located in the borough of Gateshead within the NE11 postal district.
17, Wellington Road, Gateshead has a single entry in the Land Registry database from March 2008 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
•Public data including the Land Registry and EPC Register is processed and republished under the Government Open Data Licence.
•All values are estimates based on available data. All data and other content are provided subject to our Terms & Conditions.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 17 Wellington Road Gateshead as £109,828 and the rental value as £703 per month giving an expected gross yield of 7.7%.
Over the last 12 months the sale value of 17 Wellington Road Gateshead has increased by £2,761 (2.5%) and its rental value has increased by £66 per month (9.4%).
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, Wellington Road, Gateshead is in very good condition we estimate a sale value of £115,319 and rental value of £738 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £102,140 and a rental value of £654 per month.
If you were able to purchase this property for the estimated value of £109,828, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £540 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, 17, Wellington Road, Gateshead was last sold on 14 Mar 2008 for £97,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Mar 2008, the market for similar properties has risen 18.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 17, Wellington Road, Gateshead within a radius of 550 metres over the last 2 years.
The most recent example is 13, Tyndal Gardens, Gateshead, NE11 9EU, a Freehold house which sold for £148,000 in Nov 2023.
Read more about house prices in NE11.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wellington Road, Gateshead, NE11 has a total of 109 addresses. According to our analysis of all the public data, 17, Wellington Road, Gateshead is the 24th largest and the 37th most expensive property on the street.
When compared to the postcode district it is £23k less expensive than the average property in NE11.
The closest station to 17, Wellington Road, Gateshead is Dunston station which is 600 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 17, Wellington Road, Gateshead, 37.7% of property is socially rented and 25.2% 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, Wellington Road, Gateshead, 16.7% of residents are recorded as possessing school level qualifications and 23.5% 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, Wellington Road, Gateshead, the average age was 38.5 and the most common age was 32.
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, Wellington Road, Gateshead, 0.0% 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, Wellington Road, Gateshead, there are an average of 0.8 cars per household.
See below for how this compares to North East and the rest of England & Wales.