According to the public record, 22, Fleetwood Way, Gateshead is a leasehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,015 ft2 of internal area and sits on a 1,067 m2 plot and a garden.
Houses of this size in this area normally have 3 bedrooms.
Fleetwood Way, Gateshead, NE8 is located in the borough of Gateshead within the NE8 postal district.
22, Fleetwood Way, Gateshead has a single entry in the Land Registry database from December 2014 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 22 Fleetwood Way Gateshead as £180,568 and the rental value as £979 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of 22 Fleetwood Way Gateshead has increased by £4,668 (2.6%) and its rental value has increased by £90 per month (9.2%).
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 22, Fleetwood Way, Gateshead is in very good condition we estimate a sale value of £189,596 and rental value of £1,028 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £167,928 and a rental value of £910 per month.
If you were able to purchase this property for the estimated value of £180,568, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £887 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, 22, Fleetwood Way, Gateshead sits on a plot of 1067m2.
We have plot size data on 11 out of 12 other houses in the postcode and 22, Fleetwood Way, Gateshead sits on the 3rd largest plot.
According to HM Land Registry, 22, Fleetwood Way, Gateshead was last sold on 19 Dec 2014 for £154,950 and was recorded as a leasehold house.
The property has only had this single sale since 1995.
Since Dec 2014, the market for similar properties has risen 24.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 22, Fleetwood Way, Gateshead within a radius of 460 metres over the last 2 years.
The most recent example is 24, Bishops Park Road, Gateshead, NE8 3FF, a Leasehold house which sold for £173,000 in Mar 2023.
Read more about house prices in NE8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Fleetwood Way, Gateshead, NE8 has a total of 24 addresses. According to our analysis of all the public data, 22, Fleetwood Way, Gateshead is the 5th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £48k more expensive than the average property in NE8.
The closest station to 22, Fleetwood Way, Gateshead is Heworth station which is 1.9 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 22, Fleetwood Way, Gateshead, 48.3% of property is privately owned with a mortgage and 43.2% 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 22, Fleetwood Way, Gateshead, 15.1% of residents are recorded as possessing school level qualifications and 70.3% 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 22, Fleetwood Way, Gateshead, the average age was 35.8 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 22, Fleetwood Way, Gateshead, 0.4% 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 22, Fleetwood Way, Gateshead, there are an average of 1.0 cars per household.
See below for how this compares to North East and the rest of England & Wales.