According to the public record, 19, Balmlaw, Gateshead is a mid-century freehold house with 818 ft2 of internal area and sits on a 112 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Balmlaw, Gateshead, NE9 is located in the borough of Gateshead within the NE9 postal district.
19, Balmlaw, Gateshead has 21 entries in the Land Registry database, most recently in May 2020 and a single entry in the EPC database dated June 2019.
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 19 Balmlaw Gateshead as £64,419 and the rental value as £426 per month giving an expected gross yield of 7.9%.
Over the last 12 months the sale value of 19 Balmlaw Gateshead has increased by £2,660 (4.1%) and its rental value has increased by £49 per month (11.4%).
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 19, Balmlaw, Gateshead is in very good condition we estimate a sale value of £67,640 and rental value of £447 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £59,910 and a rental value of £396 per month.
If you were able to purchase this property for the estimated value of £64,419, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £317 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, 19, Balmlaw, Gateshead sits on a plot of 112m2.
We have plot size data on 4 out of 34 other houses in the postcode and 19, Balmlaw, Gateshead sits on the 2nd largest plot.
According to HM Land Registry, 19, Balmlaw, Gateshead was last sold on 29 May 2020 for £54,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since May 2020, the market for similar properties has risen 19.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 19, Balmlaw, Gateshead within a radius of 620 metres over the last 2 years.
The most recent example is 39, Gorsehill, Gateshead, NE9 6SE, a Freehold house which sold for £49,502 in Nov 2022.
Read more about house prices in NE9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Balmlaw, Gateshead, NE9 has a total of 38 addresses. According to our analysis of all the public data, 19, Balmlaw, Gateshead is the 20th largest and the 19th most expensive property on the street.
When compared to the postcode district it is £92k less expensive than the average property in NE9.
19, Balmlaw, Gateshead has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 14 Jun 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to 19, Balmlaw, Gateshead is Heworth station which is 2.2 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 19, Balmlaw, Gateshead, 66.5% of property is socially rented and 15.7% 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 19, Balmlaw, Gateshead, 32.9% of residents are recorded as possessing school level qualifications and 16.1% 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 19, Balmlaw, Gateshead, the average age was 39.6 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 19, Balmlaw, 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 19, Balmlaw, Gateshead, there are an average of 0.7 cars per household.
See below for how this compares to North East and the rest of England & Wales.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.