According to the public record, 24, Windmill Way, Gateshead is a modern freehold house with 871 ft2 of internal area and sits on a 162 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Windmill Way, Gateshead, NE8 is located in the borough of Gateshead within the NE8 postal district.
24, Windmill Way, Gateshead has a single entry in the Land Registry database from October 2020 and a single entry in the EPC database dated June 2019.
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 Windmill Way Gateshead as £180,546 and the rental value as £983 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of 24 Windmill Way Gateshead has increased by £4,092 (2.3%) and its rental value has increased by £88 per month (8.9%).
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 24, Windmill Way, Gateshead is in very good condition we estimate a sale value of £189,573 and rental value of £1,032 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £167,907 and a rental value of £914 per month.
If you were able to purchase this property for the estimated value of £180,546, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £887 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, 24, Windmill Way, Gateshead sits on a plot of 162m2.
We have plot size data on 41 out of 44 other houses in the postcode and 24, Windmill Way, Gateshead sits on the 17th largest plot.
According to HM Land Registry, 24, Windmill Way, Gateshead was last sold on 14 Oct 2020 for £145,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Oct 2020, the market for similar properties has risen 13.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 24, Windmill Way, Gateshead within a radius of 500 metres over the last 2 years.
The most recent example is 38, Village Heights, Gateshead, NE8 1PW, a Freehold house which sold for £210,000 in Feb 2024.
Read more about house prices in NE8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Windmill Way, Gateshead, NE8 has a total of 77 addresses. According to our analysis of all the public data, 24, Windmill Way, Gateshead is the 36th largest and the 30th most expensive property on the street.
When compared to the postcode district it is £48k more expensive than the average property in NE8.
24, Windmill Way, Gateshead has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 13 Jun 2019.
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, Windmill Way, Gateshead is Newcastle station which is 1.2 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 24, Windmill Way, Gateshead, 35.6% of property is privately rented and 30.0% 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, Windmill Way, Gateshead, 9.6% of residents are recorded as possessing school level qualifications and 46.9% 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 24, Windmill Way, Gateshead, the average age was 38.1 and the most common age was 27.
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, Windmill Way, 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 24, Windmill Way, 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.