According to the public record, 24, Exeter Street, Gateshead is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 1,159 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Exeter Street, Gateshead, NE8 is located in the borough of Gateshead within the NE8 postal district.
24, Exeter Street, Gateshead has a single entry in the Land Registry database from September 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 24 Exeter Street Gateshead as £193,338 and the rental value as £1,061 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of 24 Exeter Street Gateshead has increased by £3,943 (2.0%) and its rental value has increased by £92 per month (8.7%).
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 24, Exeter Street, Gateshead is in very good condition we estimate a sale value of £203,005 and rental value of £1,114 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £179,805 and a rental value of £987 per month.
If you were able to purchase this property for the estimated value of £193,338, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £950 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, 24, Exeter Street, Gateshead was last sold on 05 Sep 2008 for £155,800 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Sep 2008, the market for similar properties has risen 30.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 24, Exeter Street, Gateshead within a radius of 400 metres over the last 2 years.
The most recent example is 235, Prince Consort Road, Gateshead, NE8 4DT, a Freehold house which sold for £191,000 in Jun 2022.
Read more about house prices in NE8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Exeter Street, Gateshead, NE8 has a total of 59 addresses. According to our analysis of all the public data, 24, Exeter Street, Gateshead is the 4th largest and the most expensive property on the street.
When compared to the postcode district it is £61k more expensive than the average property in NE8.
The closest station to 24, Exeter Street, Gateshead is Newcastle station which is 1.9 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 24, Exeter Street, Gateshead, 35.7% of property is privately rented and 33.0% 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 24, Exeter Street, Gateshead, 24.3% of residents are recorded as possessing school level qualifications and 27.0% 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 24, Exeter Street, Gateshead, the average age was 35.8 and the most common age was 32.
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 24, Exeter Street, Gateshead, 0.8% 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 24, Exeter Street, 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.