According to the public record, 2 The Stephenson, North Side, Gateshead is a modern apartment with 656 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
North Side, Gateshead, NE8 is located in the borough of Gateshead within the NE8 postal district.
2 The Stephenson, North Side, Gateshead has no recent1 records in the Land Registry database and a single entry in the EPC database dated May 2020.
We combine this information with public data of neighbouring properties to estimate the property 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.
1Sales dated prior to 2007 are shown, but are not used in our calculations.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 2 The Stephenson North Side Gateshead as £136,901 and the rental value as £858 per month giving an expected gross yield of 7.5%.
Over the last 12 months the sale value of 2 The Stephenson North Side Gateshead has increased by £4,551 (3.3%) and its rental value has increased by £87 per month (10.1%).
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 The Stephenson, North Side, Gateshead is in very good condition we estimate a sale value of £143,746 and rental value of £901 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £127,318 and a rental value of £798 per month.
If you were able to purchase this property for the estimated value of £136,901, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £673 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 The Stephenson, North Side, Gateshead was last sold on 06 Jul 2005 for £100,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2 The Stephenson, North Side, Gateshead within a radius of 720 metres over the last 2 years.
The most recent example is 8 The Stephenson, North Side, Gateshead, NE8 2BF, a Leasehold flat which sold for £137,000 in Aug 2023.
Read more about house prices in NE8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
North Side, Gateshead, NE8 has a total of 58 addresses. According to our analysis of all the public data, 2 The Stephenson, North Side, Gateshead is the 15th largest and the 14th most expensive property on the street.
When compared to the postcode district it is £4k more expensive than the average property in NE8.
2 The Stephenson, North Side, Gateshead has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 12 May 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to 2 The Stephenson, North Side, Gateshead is Dunston station which is 1.1 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 2 The Stephenson, North Side, Gateshead, 44.9% of property is privately rented and 35.3% 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 The Stephenson, North Side, Gateshead, 12.6% of residents are recorded as possessing school level qualifications and 67.0% 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 The Stephenson, North Side, Gateshead, the average age was 38.5 and the most common age was 32.
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 The Stephenson, North Side, Gateshead, 0.3% 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 The Stephenson, North Side, 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.