According to the public record, 23, Cedarway, Gateshead is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 891 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Cedarway, Gateshead, NE10 is located in the borough of Gateshead within the NE10 postal district.
23, Cedarway, Gateshead has 2 entries in the Land Registry database, most recently in October 2008 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 23 Cedarway Gateshead as £178,539 and the rental value as £1,024 per month giving an expected gross yield of 6.9%.
Over the last 12 months the sale value of 23 Cedarway Gateshead has increased by £3,929 (2.2%) and its rental value has increased by £96 per month (9.3%).
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 23, Cedarway, Gateshead is in very good condition we estimate a sale value of £187,466 and rental value of £1,075 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £166,042 and a rental value of £952 per month.
If you were able to purchase this property for the estimated value of £178,539, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £877 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, 23, Cedarway, Gateshead was last sold on 27 Oct 2008 for £138,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Oct 2008, the market for similar properties has risen 33.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 23, Cedarway, Gateshead within a radius of 640 metres over the last 2 years.
The most recent example is 16, Planesway, Gateshead, NE10 8LG, a Freehold house which sold for £159,995 in Sep 2023.
Read more about house prices in NE10.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cedarway, Gateshead, NE10 has a total of 61 addresses. According to our analysis of all the public data, 23, Cedarway, Gateshead is the 9th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £22k more expensive than the average property in NE10.
The closest station to 23, Cedarway, Gateshead is Heworth station which is 1.8 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 23, Cedarway, Gateshead, 64.8% of property is privately owned outright and 31.3% 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 23, Cedarway, Gateshead, 9.8% of residents are recorded as possessing school level qualifications and 21.7% 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 23, Cedarway, Gateshead, the average age was 43.8 and the most common age was 62.
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 23, Cedarway, Gateshead, 0.7% 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 23, Cedarway, Gateshead, there are an average of 1.4 cars per household.
See below for how this compares to North East and the rest of England & Wales.