According to the public record, 2 Railway Cottages, Whickham Highway, Gateshead is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,068 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Whickham Highway, Gateshead, NE11 is located in the borough of Gateshead within the NE11 postal district.
2 Railway Cottages, Whickham Highway, Gateshead has a single entry in the Land Registry database from August 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 Railway Cottages Whickham Highway Gateshead as £316,661 and the rental value as £1,423 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of 2 Railway Cottages Whickham Highway Gateshead has increased by £5,648 (1.8%) and its rental value has increased by £128 per month (9.0%).
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 Railway Cottages, Whickham Highway, Gateshead is in very good condition we estimate a sale value of £332,494 and rental value of £1,494 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £294,494 and a rental value of £1,323 per month.
If you were able to purchase this property for the estimated value of £316,661, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,556 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 Railway Cottages, Whickham Highway, Gateshead was last sold on 10 Aug 2007 for £153,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Aug 2007, the market for similar properties has risen 18.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2 Railway Cottages, Whickham Highway, Gateshead within a radius of 550 metres over the last 2 years.
The most recent example is 1, Gibside Court, Gateshead, NE11 9PT, a Freehold house which sold for £330,000 in Feb 2023.
Read more about house prices in NE11.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Whickham Highway, Gateshead, NE11 has a total of 37 addresses. According to our analysis of all the public data, 2 Railway Cottages, Whickham Highway, Gateshead is the 24th largest and the 13th most expensive property on the street.
When compared to the postcode district it is £184k more expensive than the average property in NE11.
The closest station to 2 Railway Cottages, Whickham Highway, 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 Railway Cottages, Whickham Highway, Gateshead, 33.7% of property is privately owned with a mortgage and 26.3% 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 Railway Cottages, Whickham Highway, Gateshead, 25.7% of residents are recorded as possessing school level qualifications and 22.1% 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 2 Railway Cottages, Whickham Highway, 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 Railway Cottages, Whickham Highway, Gateshead, 1.2% 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 Railway Cottages, Whickham Highway, 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.