21, Iona Road, Gateshead has a single entry in the Land Registry database from May 2014 and a single entry in the EPC database dated January 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
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, Iona Road, Gateshead is in very good condition we estimate a sale value of £79,335 and rental value of £631 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £70,268 and a rental value of £559 per month.
If you were able to purchase this property for the estimated value of £75,557, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £371 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, 21, Iona Road, Gateshead was last sold on 23 May 2014 for £48,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since May 2014, the market for similar properties has risen 16.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 21, Iona Road, Gateshead within a radius of 500 metres over the last 2 years.
The most recent example is 25, Iona Road, Gateshead, NE10 9TA, a Leasehold flat which sold for £55,000 in Apr 2021.
Read more about house prices in NE10.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Iona Road, Gateshead, NE10 has a total of 38 addresses. According to our analysis of all the public data, 21, Iona Road, Gateshead is the 29th largest and the 29th most expensive property on the street.
When compared to the postcode district it is £81k less expensive than the average property in NE10.
21, Iona Road, Gateshead has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 27 Jan 2014.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
According to the public record, 21, Iona Road, Gateshead is a period leasehold apartment with 570 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Iona Road, Gateshead, NE10 is located in the borough of Gateshead within the NE10 postal district.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 21 Iona Road Gateshead as £75,557 and the rental value as £601 per month giving an expected gross yield of 9.5%.
Over the last 12 months the sale value of 21 Iona Road Gateshead has increased by £2,124 (2.8%) and its rental value has increased by £60 per month (9.9%).
The closest station to 21, Iona Road, Gateshead is Heworth station which is 1.7 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 21, Iona Road, Gateshead, 32.4% of property is privately rented and 22.8% 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 21, Iona Road, Gateshead, 19.1% of residents are recorded as possessing school level qualifications and 32.3% 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, Iona Road, Gateshead, the average age was 37.2 and the most common age was 7.
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, Iona Road, 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, Iona Road, Gateshead, there are an average of 0.8 cars per household.
See below for how this compares to North East and the rest of England & Wales.