According to the public record, 20 Whinney Park, Gateshead is a modern leasehold apartment with 1,646 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
The apartment is in Whinney Park, Durham Road, Gateshead, NE9.
Durham Road, Gateshead, NE9 is located in the borough of Gateshead within the NE9 postal district.
20 Whinney Park, Gateshead has a single entry in the Land Registry database from April 2018 and a single entry in the EPC database dated March 2018.
We combine this information with that 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.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 20 Whinney Park Gateshead as £414,424 and the rental value as £2,184 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of 20 Whinney Park Gateshead has increased by £12,831 (3.1%) and its rental value has increased by £221 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 20 Whinney Park, Gateshead is in very good condition we estimate a sale value of £435,145 and rental value of £2,293 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £385,414 and a rental value of £2,031 per month.
If you were able to purchase this property for the estimated value of £414,424, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,037 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 Whinney Park, Gateshead was last sold on 20 Apr 2018 for £425,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Apr 2018, the market for similar properties has risen 11.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 20 Whinney Park, Gateshead within a radius of 550 metres over the last 2 years.
The most recent example is Apartment 1, Musgrave 335, Durham Road, Gateshead, NE9 5AJ, a Leasehold flat which sold for £410,000 in Apr 2018.
Read more about house prices in NE9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Durham Road, Gateshead, NE9 has a total of 351 addresses. According to our analysis of all the public data, 20 Whinney Park, Gateshead is the 60th largest and the 54th most expensive property on the street.
When compared to the postcode district it is £258k more expensive than the average property in NE9.
20 Whinney Park, Gateshead has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 09 Mar 2018.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler with both radiators and underfloor heating.
The closest station to 20 Whinney Park, Gateshead is Dunston station which is 2.8 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 20 Whinney Park, Gateshead, 42.6% of property is privately owned outright and 28.4% 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 Whinney Park, Gateshead, 16.8% of residents are recorded as possessing school level qualifications and 43.2% 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 20 Whinney Park, Gateshead, the average age was 46 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 20 Whinney Park, Gateshead, 1.1% 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 Whinney Park, Gateshead, there are an average of 1.1 cars per household.
See below for how this compares to North East and the rest of England & Wales.