According to the public record, 18, Primrose Hill, Gateshead is a period freehold house with 1,485 ft2 of internal area and sits on a 165 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Primrose Hill, Gateshead, NE9 is located in the borough of Gateshead within the NE9 postal district.
18, Primrose Hill, Gateshead has 31 entries in the Land Registry database, most recently in November 2022 and a single entry in the EPC database dated May 2022.
We combine this information with that 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 Primrose Hill Gateshead as £355,310 and the rental value as £1,511 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of 18 Primrose Hill Gateshead has increased by £3,697 (1.0%) and its rental value has increased by £122 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, Primrose Hill, Gateshead is in very good condition we estimate a sale value of £373,076 and rental value of £1,587 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £330,438 and a rental value of £1,406 per month.
If you were able to purchase this property for the estimated value of £355,310, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,746 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, Primrose Hill, Gateshead sits on a plot of 165m2.
We have plot size data on 17 out of 35 other houses in the postcode and 18, Primrose Hill, Gateshead sits on the 14th largest plot.
According to HM Land Registry, 18, Primrose Hill, Gateshead was last sold on 25 Nov 2022 for £330,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Nov 2022, the market for similar properties has risen 1.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 18, Primrose Hill, Gateshead within a radius of 470 metres over the last 2 years.
The most recent example is 15, Kells Gardens, Gateshead, NE9 5XS, a Freehold house which sold for £340,000 in Sep 2023.
Read more about house prices in NE9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Primrose Hill, Gateshead, NE9 has a total of 35 addresses. According to our analysis of all the public data, 18, Primrose Hill, Gateshead is the 10th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £199k more expensive than the average property in NE9.
18, Primrose Hill, Gateshead has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 23 May 2022.
The property is connected to mains gas and has some double glazing. It is heated using a boiler and radiators.
The closest station to 18, Primrose Hill, Gateshead is Heworth station which is 3.0 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 18, Primrose Hill, Gateshead, 63.4% of property is privately owned outright and 31.3% 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, Primrose Hill, Gateshead, 10.8% of residents are recorded as possessing school level qualifications and 40.3% 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, Primrose Hill, Gateshead, the average age was 43.8 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, Primrose Hill, Gateshead, 0.7% 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, Primrose Hill, Gateshead, there are an average of 1.2 cars per household.
See below for how this compares to North East and the rest of England & Wales.