According to the public record, 23, Smithburn Road, Gateshead is a mid-century freehold house with 979 ft2 of internal area and sits on a 286 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Smithburn Road, Gateshead, NE10 is located in the borough of Gateshead within the NE10 postal district.
23, Smithburn Road, Gateshead has 51 entries in the Land Registry database, most recently in January 2012 and a single entry in the EPC database dated October 2021.
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 Smithburn Road Gateshead as £146,533 and the rental value as £926 per month giving an expected gross yield of 7.6%.
Over the last 12 months the sale value of 23 Smithburn Road Gateshead has increased by £4,691 (3.2%) and its rental value has increased by £96 per month (10.4%).
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, Smithburn Road, Gateshead is in very good condition we estimate a sale value of £153,860 and rental value of £972 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £136,276 and a rental value of £861 per month.
If you were able to purchase this property for the estimated value of £146,533, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £720 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, Smithburn Road, Gateshead sits on a plot of 286m2.
We have plot size data on 10 out of 26 other houses in the postcode and 23, Smithburn Road, Gateshead sits on the 3rd largest plot.
According to HM Land Registry, 23, Smithburn Road, Gateshead was last sold on 27 Jan 2012 for £112,000 and was recorded as a freehold house.
The property has had 5 sales since 1995.
Since Jan 2012, the market for similar properties has risen 35.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 23, Smithburn Road, Gateshead within a radius of 530 metres over the last 2 years.
The most recent example is 21, Watermill Lane, Gateshead, NE10 9UL, a Freehold house which sold for £122,500 in Jan 2024.
Read more about house prices in NE10.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Smithburn Road, Gateshead, NE10 has a total of 40 addresses. According to our analysis of all the public data, 23, Smithburn Road, Gateshead is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £10k less expensive than the average property in NE10.
23, Smithburn Road, Gateshead has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Oct 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, Smithburn Road, Gateshead is Heworth station which is 900 metres 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, Smithburn Road, Gateshead, 50.7% of property is privately owned outright and 24.3% 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, Smithburn Road, Gateshead, 13.5% of residents are recorded as possessing school level qualifications and 20.6% 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, Smithburn Road, Gateshead, the average age was 43.7 and the most common age was 57.
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, Smithburn Road, Gateshead, 2.1% 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, Smithburn Road, Gateshead, there are an average of 1.1 cars per household.
See below for how this compares to North East and the rest of England & Wales.