According to the public record, 23, Southend Terrace, Gateshead is a mid-century freehold house with 861 ft2 of internal area and sits on a 213 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Southend Terrace, Gateshead, NE9 is located in the borough of Gateshead within the NE9 postal district.
23, Southend Terrace, Gateshead has 21 entries in the Land Registry database, most recently in January 2018 and a single entry in the EPC database dated September 2013.
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 Southend Terrace Gateshead as £171,031 and the rental value as £1,008 per month giving an expected gross yield of 7.1%.
Over the last 12 months the sale value of 23 Southend Terrace Gateshead has increased by £3,547 (2.1%) and its rental value has increased by £93 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, Southend Terrace, Gateshead is in very good condition we estimate a sale value of £179,582 and rental value of £1,058 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £159,059 and a rental value of £937 per month.
If you were able to purchase this property for the estimated value of £171,031, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £841 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, Southend Terrace, Gateshead sits on a plot of 213m2.
We have plot size data on 7 out of 15 other houses in the postcode and 23, Southend Terrace, Gateshead sits on the 9th largest plot.
According to HM Land Registry, 23, Southend Terrace, Gateshead was last sold on 29 Jan 2018 for £119,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jan 2018, the market for similar properties has risen 20.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 23, Southend Terrace, Gateshead within a radius of 520 metres over the last 2 years.
The most recent example is 7, Queen Elizabeth Avenue, Gateshead, NE9 6RE, a Freehold house which sold for £182,500 in Jun 2023.
Read more about house prices in NE9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Southend Terrace, Gateshead, NE9 has a total of 21 addresses. According to our analysis of all the public data, 23, Southend Terrace, Gateshead is the 11th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £15k more expensive than the average property in NE9.
23, Southend Terrace, Gateshead has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 04 Sep 2013.
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, Southend Terrace, Gateshead is Heworth station which is 2.4 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 23, Southend Terrace, Gateshead, 31.9% of property is socially rented and 31.1% 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, Southend Terrace, Gateshead, 11.1% of residents are recorded as possessing school level qualifications and 26.1% 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, Southend Terrace, Gateshead, the average age was 43.8 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, Southend Terrace, Gateshead, 0.0% 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, Southend Terrace, Gateshead, there are an average of 0.8 cars per household.
See below for how this compares to North East and the rest of England & Wales.