According to the public record, 2, Sheriff Mount North, Gateshead is a period apartment with 775 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Sheriff Mount North, Gateshead, NE9 is located in the borough of Gateshead within the NE9 postal district.
2, Sheriff Mount North, Gateshead has no records in the Land Registry database and a single entry in the EPC database dated March 2022.
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 Sheriff Mount North Gateshead as £106,096 and the rental value as £736 per month giving an expected gross yield of 8.3%.
Over the last 12 months the sale value of 2 Sheriff Mount North Gateshead has increased by £3,378 (3.2%) and its rental value has increased by £74 per month (10.0%).
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, Sheriff Mount North, Gateshead is in very good condition we estimate a sale value of £111,401 and rental value of £773 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £98,670 and a rental value of £685 per month.
If you were able to purchase this property for the estimated value of £106,096, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £521 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 2, Sheriff Mount North, Gateshead within a radius of 470 metres over the last 2 years.
The most recent example is 33, Baden Powell Street, Gateshead, NE9 5LD, a Leasehold flat which sold for £80,000 in Jul 2023.
Read more about house prices in NE9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Sheriff Mount North, Gateshead, NE9 has a total of 10 addresses. According to our analysis of all the public data, 2, Sheriff Mount North, Gateshead is the largest and the most expensive property on the street.
When compared to the postcode district it is £50k less expensive than the average property in NE9.
2, Sheriff Mount North, Gateshead has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 17 Mar 2022.
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, Sheriff Mount North, Gateshead is Heworth station which is 2.3 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Sheriff Mount North, Gateshead, 39.4% of property is privately rented and 27.0% is socially rented.
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, Sheriff Mount North, Gateshead, 14.8% of residents are recorded as possessing school level qualifications and 30.4% 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, Sheriff Mount North, Gateshead, the average age was 38.5 and the most common age was 27.
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, Sheriff Mount North, 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 2, Sheriff Mount North, Gateshead, there are an average of 0.6 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.