According to the public record, 2, Bowness Place, Gateshead is a mid-century house with 882 ft2 of internal area and sits on a 6,301 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Bowness Place, Gateshead, NE9 is located in the borough of Gateshead within the NE9 postal district.
2, Bowness Place, Gateshead has no records in the Land Registry database and a single entry in the EPC database dated August 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 2 Bowness Place Gateshead as £168,643 and the rental value as £991 per month giving an expected gross yield of 7.1%.
Over the last 12 months the sale value of 2 Bowness Place Gateshead has increased by £5,107 (3.0%) and its rental value has increased by £101 per month (10.2%).
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 2, Bowness Place, Gateshead is in very good condition we estimate a sale value of £177,076 and rental value of £1,041 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £156,838 and a rental value of £922 per month.
If you were able to purchase this property for the estimated value of £168,643, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £829 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, 2, Bowness Place, Gateshead sits on a plot of 6301m2.
We have plot size data on 11 out of 18 other houses in the postcode and 2, Bowness Place, Gateshead sits on the largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Bowness Place, Gateshead within a radius of 520 metres over the last 2 years.
The most recent example is 1, Wythburn Place, Gateshead, NE9 6YT, a Freehold house which sold for £150,000 in Nov 2023.
Read more about house prices in NE9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Bowness Place, Gateshead, NE9 has a total of 18 addresses. According to our analysis of all the public data, 2, Bowness Place, Gateshead is the 10th largest and the 16th most expensive property on the street.
When compared to the postcode district it is £12k more expensive than the average property in NE9.
2, Bowness Place, Gateshead has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Aug 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 2, Bowness Place, Gateshead is Heworth station which is 2.8 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Bowness Place, Gateshead, 42.7% of property is socially rented and 28.1% 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 2, Bowness Place, Gateshead, 21.4% of residents are recorded as possessing school level qualifications and 22.5% 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 2, Bowness Place, 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 2, Bowness Place, 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 2, Bowness Place, 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.