According to the public record, 18, Weathercock Lane, Gateshead is a period freehold house with 1,011 ft2 of internal area and sits on a 70.3 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Weathercock Lane, Gateshead, NE9 is located in the borough of Gateshead within the NE9 postal district.
18, Weathercock Lane, Gateshead has 2 entries in the Land Registry database, most recently in August 2016 and a single entry in the EPC database dated April 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 Weathercock Lane Gateshead as £164,522 and the rental value as £978 per month giving an expected gross yield of 7.1%.
Over the last 12 months the sale value of 18 Weathercock Lane Gateshead has increased by £1,891 (1.1%) and its rental value has increased by £79 per month (8.0%).
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, Weathercock Lane, Gateshead is in very good condition we estimate a sale value of £172,748 and rental value of £1,027 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £153,005 and a rental value of £909 per month.
If you were able to purchase this property for the estimated value of £164,522, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £809 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, Weathercock Lane, Gateshead sits on a plot of 70m2.
We have plot size data on 5 out of 5 other houses in the postcode and 18, Weathercock Lane, Gateshead sits on the 3rd largest plot.
According to HM Land Registry, 18, Weathercock Lane, Gateshead was last sold on 19 Aug 2016 for £132,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Aug 2016, the market for similar properties has risen 22.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 18, Weathercock Lane, Gateshead within a radius of 450 metres over the last 2 years.
The most recent example is 38, Dean Street, Gateshead, NE9 5XL, a Freehold house which sold for £148,000 in Sep 2023.
Read more about house prices in NE9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Weathercock Lane, Gateshead, NE9 has a total of 5 addresses. According to our analysis of all the public data, 18, Weathercock Lane, Gateshead is the largest and the most expensive property on the street.
When compared to the postcode district it is £8k more expensive than the average property in NE9.
18, Weathercock Lane, Gateshead has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 Apr 2022.
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, Weathercock Lane, Gateshead is Dunston station which is 3.2 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 18, Weathercock Lane, Gateshead, 42.6% of property is privately owned outright and 28.4% 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, Weathercock Lane, Gateshead, 16.8% of residents are recorded as possessing school level qualifications and 43.2% 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, Weathercock Lane, Gateshead, the average age was 46 and the most common age was 52.
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, Weathercock Lane, Gateshead, 1.1% 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, Weathercock Lane, Gateshead, there are an average of 1.1 cars per household.
See below for how this compares to North East and the rest of England & Wales.