According to the public record, 19, Worley Avenue, Gateshead is a period apartment with 624 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Worley Avenue, Gateshead, NE9 is located in the borough of Gateshead within the NE9 postal district.
19, Worley Avenue, Gateshead has no records in the Land Registry database and a single entry in the EPC database dated March 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 19 Worley Avenue Gateshead as £134,407 and the rental value as £788 per month giving an expected gross yield of 7%.
Over the last 12 months the sale value of 19 Worley Avenue Gateshead has increased by £4,490 (3.3%) and its rental value has increased by £83 per month (10.5%).
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, Worley Avenue, Gateshead is in very good condition we estimate a sale value of £141,127 and rental value of £828 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £124,998 and a rental value of £733 per month.
If you were able to purchase this property for the estimated value of £134,407, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £661 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 19, Worley Avenue, Gateshead within a radius of 510 metres over the last 2 years.
The most recent example is 8, Worley Avenue, Gateshead, NE9 6AL, a Leasehold flat which sold for £148,500 in Jul 2023.
Read more about house prices in NE9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Worley Avenue, Gateshead, NE9 has a total of 43 addresses. According to our analysis of all the public data, 19, Worley Avenue, Gateshead is the 43rd largest and the 43rd most expensive property on the street.
When compared to the postcode district it is £22k less expensive than the average property in NE9.
19, Worley Avenue, Gateshead has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 01 Mar 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 19, Worley Avenue, Gateshead is Dunston station which is 3.4 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 19, Worley Avenue, Gateshead, 45.5% of property is privately owned with a mortgage and 42.7% 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, Worley Avenue, Gateshead, 17.8% of residents are recorded as possessing school level qualifications and 45.1% 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, Worley Avenue, 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 19, Worley 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 19, Worley Avenue, 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.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.