According to the public record, 18, Duke Street, Gateshead is a period apartment with 721 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Duke Street, Pelaw, Gateshead, NE10 is located in the borough of Gateshead within the NE10 postal district.
18, Duke Street, Gateshead has no records in the Land Registry database and a single entry in the EPC database dated May 2024.
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 18 Duke Street Gateshead as £88,824 and the rental value as £673 per month giving an expected gross yield of 9.1%.
Over the last 12 months the sale value of 18 Duke Street Gateshead has increased by £2,930 (3.3%) and its rental value has increased by £67 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 18, Duke Street, Gateshead is in very good condition we estimate a sale value of £93,266 and rental value of £706 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £82,607 and a rental value of £626 per month.
If you were able to purchase this property for the estimated value of £88,824, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £437 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 3 sales of properties similar to 18, Duke Street, Gateshead within a radius of 650 metres over the last 2 years.
The most recent example is 14, Salisbury Street, Gateshead, NE10 0XY, a Leasehold flat which sold for £89,950 in Jan 2024.
Read more about house prices in NE10.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Duke Street, Pelaw, Gateshead, NE10 has a total of 53 addresses. According to our analysis of all the public data, 18, Duke Street, Gateshead is the 26th largest and the 29th most expensive property on the street.
When compared to the postcode district it is £68k less expensive than the average property in NE10.
18, Duke Street, Gateshead has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 13 May 2024.
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 18, Duke Street, Gateshead is Heworth station which is 700 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 18, Duke Street, Gateshead, 32.6% of property is privately rented and 24.8% 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 18, Duke Street, Gateshead, 20.7% of residents are recorded as possessing school level qualifications and 26.8% 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 18, Duke Street, Gateshead, the average age was 39.7 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 18, Duke Street, 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 18, Duke Street, 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.