According to the public record, 25, Meresyde, Gateshead is a mid-century freehold house with 925 ft2 of internal area and sits on a 217 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Meresyde, Gateshead, NE10 is located in the borough of Gateshead within the NE10 postal district.
25, Meresyde, Gateshead has a single entry in the Land Registry database from November 2012 and a single entry in the EPC database dated August 2012.
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 25 Meresyde Gateshead as £149,570 and the rental value as £950 per month giving an expected gross yield of 7.6%.
Over the last 12 months the sale value of 25 Meresyde Gateshead has increased by £5,116 (3.4%) and its rental value has increased by £99 per month (10.4%).
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 25, Meresyde, Gateshead is in very good condition we estimate a sale value of £157,049 and rental value of £998 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £139,101 and a rental value of £884 per month.
If you were able to purchase this property for the estimated value of £149,570, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £735 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, 25, Meresyde, Gateshead sits on a plot of 217m2.
We have plot size data on 24 out of 51 other houses in the postcode and 25, Meresyde, Gateshead sits on the 13th largest plot.
According to HM Land Registry, 25, Meresyde, Gateshead was last sold on 02 Nov 2012 for £90,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Nov 2012, the market for similar properties has risen 37.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 25, Meresyde, Gateshead within a radius of 550 metres over the last 2 years.
The most recent example is 41, Meresyde, Gateshead, NE10 8UL, a Freehold house which sold for £149,950 in Aug 2023.
Read more about house prices in NE10.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Meresyde, Gateshead, NE10 has a total of 141 addresses. According to our analysis of all the public data, 25, Meresyde, Gateshead is the 28th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £7k less expensive than the average property in NE10.
25, Meresyde, Gateshead has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 20 Aug 2012.
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 25, Meresyde, Gateshead is Heworth station which is 1.3 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 25, Meresyde, Gateshead, 35.5% of property is socially rented and 27.9% 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 25, Meresyde, Gateshead, 17.9% of residents are recorded as possessing school level qualifications and 15.5% 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 25, Meresyde, Gateshead, the average age was 41.4 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 25, Meresyde, Gateshead, 0.4% 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 25, Meresyde, Gateshead, there are an average of 0.9 cars per household.
See below for how this compares to North East and the rest of England & Wales.