According to the public record, 23, Park Terrace, Gateshead is a period freehold house with 1,689 ft2 of internal area and sits on a 141 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Park Terrace, Dunston, Gateshead, NE11 is located in the borough of Gateshead within the NE11 postal district.
23, Park Terrace, Gateshead has a single entry in the Land Registry database from April 2011 and a single entry in the EPC database dated March 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
•Public data including the Land Registry and EPC Register is processed and republished under the Government Open Data Licence.
•All values are estimates based on available data. All data and other content are provided subject to our Terms & Conditions.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 23 Park Terrace Gateshead as £240,037 and the rental value as £1,337 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of 23 Park Terrace Gateshead has increased by £1,263 (0.5%) and its rental value has increased by £106 per month (7.9%).
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 23, Park Terrace, Gateshead is in very good condition we estimate a sale value of £252,039 and rental value of £1,404 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £223,235 and a rental value of £1,243 per month.
If you were able to purchase this property for the estimated value of £240,037, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,180 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, Park Terrace, Gateshead sits on a plot of 141m2.
We have plot size data on 26 out of 44 other houses in the postcode and 23, Park Terrace, Gateshead sits on the 7th largest plot.
According to HM Land Registry, 23, Park Terrace, Gateshead was last sold on 08 Apr 2011 for £132,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Apr 2011, the market for similar properties has risen 36.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 23, Park Terrace, Gateshead within a radius of 630 metres over the last 2 years.
The most recent example is 8, Market Lane, Gateshead, NE11 9NY, a Freehold house which sold for £185,000 in Mar 2021.
Read more about house prices in NE11.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Park Terrace, Dunston, Gateshead, NE11 has a total of 44 addresses. According to our analysis of all the public data, 23, Park Terrace, Gateshead is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £107k more expensive than the average property in NE11.
23, Park Terrace, Gateshead has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 29 Mar 2021.
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 23, Park Terrace, Gateshead is Dunston station which is 600 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 23, Park Terrace, Gateshead, 42.2% of property is privately owned with a mortgage and 41.1% is privately owned outright.
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, Park Terrace, Gateshead, 16.6% of residents are recorded as possessing school level qualifications and 25.9% 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, Park Terrace, Gateshead, the average age was 43.4 and the most common age was 52.
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, Park Terrace, Gateshead, 2.0% 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 23, Park Terrace, 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.