According to the public record, 18, Grasmere Street, Gateshead is a period house with 1,732 ft2 of internal area and sits on a 148 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Grasmere Street, Gateshead, NE8 is located in the borough of Gateshead within the NE8 postal district.
18, Grasmere Street, Gateshead has no records in the Land Registry database and a single entry in the EPC database dated October 2015.
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 Street Gateshead as £243,677 and the rental value as £1,316 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of 18 Grasmere Street Gateshead has increased by £3,584 (1.5%) and its rental value has increased by £106 per month (8.1%).
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 Street, Gateshead is in very good condition we estimate a sale value of £255,861 and rental value of £1,382 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £226,620 and a rental value of £1,224 per month.
If you were able to purchase this property for the estimated value of £243,677, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,198 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 Street, Gateshead sits on a plot of 148m2.
We have plot size data on 11 out of 19 other houses in the postcode and 18, Grasmere Street, Gateshead sits on the 4th largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 18, Grasmere Street, Gateshead within a radius of 360 metres over the last 2 years.
The most recent example is 2, Grasmere Street, Gateshead, NE8 1TR, a Freehold house which sold for £275,000 in May 2024.
Read more about house prices in NE8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Grasmere Street, Gateshead, NE8 has a total of 23 addresses. According to our analysis of all the public data, 18, Grasmere Street, Gateshead is the 8th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £111k more expensive than the average property in NE8.
18, Grasmere Street, Gateshead has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 21 Oct 2015.
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 Street, Gateshead is Newcastle station which is 1.8 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 18, Grasmere Street, Gateshead, 43.8% of property is privately owned outright and 30.3% 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 Street, Gateshead, 40.5% of residents are recorded as possessing school level qualifications and 23.1% 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 Street, Gateshead, the average age was 38.1 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, Grasmere 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, Grasmere Street, 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.