According to the public record, 241, Brighton Road, Gateshead is a period apartment with 645 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Brighton Road, Gateshead, NE8 is located in the borough of Gateshead within the NE8 postal district.
241, Brighton Road, Gateshead has no records in the Land Registry database and a single entry in the EPC database dated June 2023.
We combine this information with public data 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 241 Brighton Road Gateshead as £85,488 and the rental value as £665 per month giving an expected gross yield of 9.3%.
Over the last 12 months the sale value of 241 Brighton Road Gateshead has increased by £2,730 (3.2%) and its rental value has increased by £66 per month (9.9%).
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 241, Brighton Road, Gateshead is in very good condition we estimate a sale value of £89,762 and rental value of £698 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £79,504 and a rental value of £618 per month.
If you were able to purchase this property for the estimated value of £85,488, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £420 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 241, Brighton Road, Gateshead within a radius of 320 metres over the last 2 years.
The most recent example is 88, Fern Dene Road, Gateshead, NE8 4RX, a Leasehold flat which sold for £80,000 in Feb 2024.
Read more about house prices in NE8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Brighton Road, Gateshead, NE8 has a total of 192 addresses. According to our analysis of all the public data, 241, Brighton Road, Gateshead is the 151st largest and the 120th most expensive property on the street.
When compared to the postcode district it is £47k less expensive than the average property in NE8.
241, Brighton Road, Gateshead has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 06 Jun 2023.
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 241, Brighton Road, Gateshead is Dunston station which is 2.0 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 241, Brighton Road, Gateshead, 56.9% of property is privately rented and 22.4% 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 241, Brighton Road, Gateshead, 18.1% of residents are recorded as possessing school level qualifications and 32.0% 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 241, Brighton Road, 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 241, Brighton Road, Gateshead, 2.6% 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 241, Brighton Road, Gateshead, there are an average of 0.7 cars per household.
See below for how this compares to North East and the rest of England & Wales.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.