According to the public record, 2, Mansion Heights, Gateshead is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,740 ft2 of internal area and a garden.
Houses of this size in this area normally have 5 bedrooms.
Mansion Heights, Gateshead, NE11 is located in the borough of Gateshead within the NE11 postal district.
2, Mansion Heights, Gateshead has a single entry in the Land Registry database from January 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
•Public data including the Land Registry and EPC Register is processed and republished under the Government Open Data Licence.
•All values are estimates based on available data. All data and other content are provided subject to our Terms & Conditions.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 2 Mansion Heights Gateshead as £358,813 and the rental value as £1,568 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of 2 Mansion Heights Gateshead has increased by £1,888 (0.5%) and its rental value has increased by £124 per month (7.9%).
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, Mansion Heights, Gateshead is in very good condition we estimate a sale value of £376,754 and rental value of £1,646 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £333,696 and a rental value of £1,458 per month.
If you were able to purchase this property for the estimated value of £358,813, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,763 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 HM Land Registry, 2, Mansion Heights, Gateshead was last sold on 26 Jan 2007 for £290,950 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jan 2007, the market for similar properties has risen 26.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Mansion Heights, Gateshead within a radius of 870 metres over the last 2 years.
The most recent example is 21, Mansion Heights, Gateshead, NE11 9DL, a Freehold house which sold for £338,000 in Aug 2023.
Read more about house prices in NE11.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mansion Heights, Gateshead, NE11 has a total of 53 addresses. According to our analysis of all the public data, 2, Mansion Heights, Gateshead is the 9th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £226k more expensive than the average property in NE11.
The closest station to 2, Mansion Heights, Gateshead is Dunston station which is 1.2 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Mansion Heights, Gateshead, 33.1% of property is privately rented and 24.0% 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 2, Mansion Heights, Gateshead, 13.9% of residents are recorded as possessing school level qualifications and 39.2% 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 2, Mansion Heights, Gateshead, the average age was 43.4 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 2, Mansion Heights, Gateshead, 2.2% 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, Mansion Heights, Gateshead, there are an average of 1.0 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.