According to the public record, 20, Wolseley Close, Gateshead is a mid-century house with 947 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Wolseley Close, Gateshead, NE8 is located in the borough of Gateshead within the NE8 postal district.
20, Wolseley Close, Gateshead has no records in the Land Registry database and a single entry in the EPC database dated March 2014.
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 20 Wolseley Close Gateshead as £88,433 and the rental value as £564 per month giving an expected gross yield of 7.7%.
Over the last 12 months the sale value of 20 Wolseley Close Gateshead has increased by £3,360 (3.8%) and its rental value has increased by £59 per month (10.6%).
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, Wolseley Close, Gateshead is in very good condition we estimate a sale value of £92,854 and rental value of £592 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £82,243 and a rental value of £524 per month.
If you were able to purchase this property for the estimated value of £88,433, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £435 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 20, Wolseley Close, Gateshead within a radius of 560 metres over the last 2 years.
The most recent example is 58, Derwentwater Road, Gateshead, NE8 2HJ, a Freehold house which sold for £95,000 in Oct 2022.
Read more about house prices in NE8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wolseley Close, Gateshead, NE8 has a total of 31 addresses. According to our analysis of all the public data, 20, Wolseley Close, Gateshead is the 8th largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £44k less expensive than the average property in NE8.
20, Wolseley Close, Gateshead has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 03 Mar 2014.
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 20, Wolseley Close, Gateshead is Dunston station which is 1.3 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, Wolseley Close, Gateshead, 62.7% of property is socially rented and 17.9% is privately owned outright.
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, Wolseley Close, Gateshead, 18.9% of residents are recorded as possessing school level qualifications and 14.7% 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, Wolseley Close, 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, Wolseley Close, 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, Wolseley Close, 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.