According to the public record, 21, Bolam Street, Gateshead is a early-century freehold house with 764 ft2 of internal area and sits on a 172 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Bolam Street, Gateshead, NE8 is located in the borough of Gateshead within the NE8 postal district.
21, Bolam Street, Gateshead has a single entry in the Land Registry database from December 2021 and a single entry in the EPC database dated February 2015.
We combine this information with that 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 21 Bolam Street Gateshead as £93,734 and the rental value as £629 per month giving an expected gross yield of 8%.
Over the last 12 months the sale value of 21 Bolam Street Gateshead has increased by £2,831 (3.0%) and its rental value has increased by £62 per month (9.9%).
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 21, Bolam Street, Gateshead is in very good condition we estimate a sale value of £98,421 and rental value of £660 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £87,173 and a rental value of £585 per month.
If you were able to purchase this property for the estimated value of £93,734, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £461 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 data from HM Land Registry, 21, Bolam Street, Gateshead sits on a plot of 172m2.
We have plot size data on 5 out of 13 other houses in the postcode and 21, Bolam Street, Gateshead sits on the 5th largest plot.
According to HM Land Registry, 21, Bolam Street, Gateshead was last sold on 14 Dec 2021 for £90,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Dec 2021, the market for similar properties has risen 9.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 21, Bolam Street, Gateshead within a radius of 630 metres over the last 2 years.
The most recent example is 5, Bolam Street, Gateshead, NE8 2TQ, a Freehold house which sold for £80,000 in Sep 2023.
Read more about house prices in NE8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Bolam Street, Gateshead, NE8 has a total of 13 addresses. According to our analysis of all the public data, 21, Bolam Street, Gateshead is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £39k less expensive than the average property in NE8.
21, Bolam Street, Gateshead has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 04 Feb 2015.
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 21, Bolam Street, Gateshead is Dunston station which is 900 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 21, Bolam Street, Gateshead, 92.2% of property is socially rented and 3.4% is privately 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 21, Bolam Street, Gateshead, 18.4% of residents are recorded as possessing school level qualifications and 18.2% 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 21, Bolam Street, Gateshead, the average age was 38.5 and the most common age was 32.
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 21, Bolam 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 21, Bolam Street, Gateshead, there are an average of 0.4 cars per household.
See below for how this compares to North East and the rest of England & Wales.