According to the public record, 20, Grasmere Street, Gateshead is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 1,582 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Grasmere Street, Gateshead, NE8 is located in the borough of Gateshead within the NE8 postal district.
20, Grasmere Street, Gateshead has a single entry in the Land Registry database from March 2006 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.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 20 Grasmere Street Gateshead as £229,029 and the rental value as £1,166 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of 20 Grasmere Street Gateshead has increased by £3,191 (1.4%) and its rental value has increased by £93 per month (8.0%).
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 20, Grasmere Street, Gateshead is in very good condition we estimate a sale value of £240,480 and rental value of £1,225 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £212,997 and a rental value of £1,085 per month.
If you were able to purchase this property for the estimated value of £229,029, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,126 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, 20, Grasmere Street, Gateshead was last sold on 01 Mar 2006 for £110,000 and was recorded as a freehold house.
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 20, Grasmere Street, Gateshead within a radius of 360 metres over the last 2 years.
The most recent example is 16, Windermere Street, Gateshead, NE8 1TU, a Freehold house which sold for £238,000 in Oct 2023.
Read more about house prices in NE8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Grasmere Street, Gateshead, NE8 has a total of 23 addresses. According to our analysis of all the public data, 20, Grasmere Street, Gateshead is the 14th largest and the 14th most expensive property on the street.
When compared to the postcode district it is £96k more expensive than the average property in NE8.
The closest station to 20, Grasmere Street, Gateshead is Newcastle station which is 1.8 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 20, Grasmere Street, Gateshead, 43.8% of property is privately owned outright and 30.3% 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 20, Grasmere Street, Gateshead, 40.5% of residents are recorded as possessing school level qualifications and 23.1% 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 20, Grasmere Street, Gateshead, the average age was 38.1 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 20, Grasmere Street, 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 20, Grasmere Street, 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.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.