According to the public record, 18, Grasmere Avenue, Gateshead is a early-century house with 936 ft2 of internal area and sits on a 244 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Grasmere Avenue, Gateshead, NE10 is located in the borough of Gateshead within the NE10 postal district.
18, Grasmere Avenue, Gateshead has no records in the Land Registry database and a single entry in the EPC database dated October 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 18 Grasmere Avenue Gateshead as £211,050 and the rental value as £1,082 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of 18 Grasmere Avenue Gateshead has increased by £7,062 (3.3%) and its rental value has increased by £111 per month (10.3%).
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, Grasmere Avenue, Gateshead is in very good condition we estimate a sale value of £221,602 and rental value of £1,136 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £196,276 and a rental value of £1,006 per month.
If you were able to purchase this property for the estimated value of £211,050, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,037 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, 18, Grasmere Avenue, Gateshead sits on a plot of 244m2.
We have plot size data on 9 out of 22 other houses in the postcode and 18, Grasmere Avenue, Gateshead sits on the 6th largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 18, Grasmere Avenue, Gateshead within a radius of 630 metres over the last 2 years.
The most recent example is 17, Fellmere Avenue, Gateshead, NE10 0XL, a Freehold house which sold for £205,400 in Aug 2023.
Read more about house prices in NE10.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Grasmere Avenue, Gateshead, NE10 has a total of 22 addresses. According to our analysis of all the public data, 18, Grasmere Avenue, Gateshead is the 17th largest and the 17th most expensive property on the street.
When compared to the postcode district it is £55k more expensive than the average property in NE10.
18, Grasmere Avenue, Gateshead has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 11 Oct 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 18, Grasmere Avenue, Gateshead is Heworth station which is 400 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, Grasmere Avenue, Gateshead, 41.7% of property is privately owned outright and 25.2% is privately owned with a mortgage.
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, Grasmere Avenue, Gateshead, 15.2% of residents are recorded as possessing school level qualifications and 24.7% 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, Grasmere Avenue, 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 18, Grasmere Avenue, Gateshead, 0.8% 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, Grasmere Avenue, 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.