According to the public record, 24 August Courtyard, Fall Pass, Gateshead is a modern leasehold apartment with 589 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Fall Pass, Gateshead, NE8 is located in the borough of Gateshead within the NE8 postal district.
24 August Courtyard, Fall Pass, Gateshead has a single entry in the Land Registry database from December 2006 and a single entry in the EPC database dated December 2010.
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 24 August Courtyard Fall Pass Gateshead as £112,769 and the rental value as £800 per month giving an expected gross yield of 8.5%.
Over the last 12 months the sale value of 24 August Courtyard Fall Pass Gateshead has increased by £3,749 (3.3%) and its rental value has increased by £81 per month (10.1%).
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 August Courtyard, Fall Pass, Gateshead is in very good condition we estimate a sale value of £118,407 and rental value of £840 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £104,875 and a rental value of £744 per month.
If you were able to purchase this property for the estimated value of £112,769, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £554 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 August Courtyard, Fall Pass, Gateshead was last sold on 21 Dec 2006 for £125,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 24 August Courtyard, Fall Pass, Gateshead within a radius of 670 metres over the last 2 years.
The most recent example is 18 August Courtyard, North Side, Gateshead, NE8 2DL, a Leasehold flat which sold for £114,000 in Apr 2023.
Read more about house prices in NE8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Fall Pass, Gateshead, NE8 has a total of 52 addresses. According to our analysis of all the public data, 24 August Courtyard, Fall Pass, Gateshead is the 42nd largest and the 49th most expensive property on the street.
When compared to the postcode district it is £20k less expensive than the average property in NE8.
24 August Courtyard, Fall Pass, Gateshead has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 17 Dec 2010.
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 24 August Courtyard, Fall Pass, Gateshead is Dunston station which is 1.1 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 24 August Courtyard, Fall Pass, Gateshead, 44.5% of property is privately rented and 37.0% 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 August Courtyard, Fall Pass, Gateshead, 19.8% of residents are recorded as possessing school level qualifications and 57.7% 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 August Courtyard, Fall Pass, Gateshead, the average age was 38.5 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 August Courtyard, Fall Pass, Gateshead, 1.7% 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 August Courtyard, Fall Pass, 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.