According to the public record, 23, Fleetwood Way, Gateshead is a modern freehold house with 979 ft2 of internal area and sits on a 122 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Fleetwood Way, Gateshead, NE8 is located in the borough of Gateshead within the NE8 postal district.
23, Fleetwood Way, Gateshead has 3 entries in the Land Registry database, most recently in March 2022 and a single entry in the EPC database dated October 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 23 Fleetwood Way Gateshead as £178,572 and the rental value as £978 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of 23 Fleetwood Way Gateshead has increased by £4,616 (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 23, Fleetwood Way, Gateshead is in very good condition we estimate a sale value of £187,500 and rental value of £1,027 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £166,072 and a rental value of £909 per month.
If you were able to purchase this property for the estimated value of £178,572, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £878 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, 23, Fleetwood Way, Gateshead sits on a plot of 122m2.
We have plot size data on 11 out of 12 other houses in the postcode and 23, Fleetwood Way, Gateshead sits on the 6th largest plot.
According to HM Land Registry, 23, Fleetwood Way, Gateshead was last sold on 16 Mar 2022 for £178,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Mar 2022, the market for similar properties has risen 5.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 23, Fleetwood Way, Gateshead within a radius of 450 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, 23, Fleetwood Way, Gateshead is the 11th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £46k more expensive than the average property in NE8.
23, Fleetwood Way, Gateshead has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 21 Oct 2015.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 23, Fleetwood Way, Gateshead is Heworth station which is 1.9 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 23, 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 23, 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 23, 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 23, 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 23, 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.