According to the public record, 25, Stuart Terrace, Gateshead is a period leasehold apartment with 807 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a garden.
Stuart Terrace, Gateshead, NE10 is located in the borough of Gateshead within the NE10 postal district.
25, Stuart Terrace, Gateshead has 21 entries in the Land Registry database, most recently in June 2007 and a single entry in the EPC database dated March 2022.
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 Stuart Terrace Gateshead as £59,518 and the rental value as £455 per month giving an expected gross yield of 9.2%.
Over the last 12 months the sale value of 25 Stuart Terrace Gateshead has increased by £1,772 (3.0%) and its rental value has increased by £45 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 25, Stuart Terrace, Gateshead is in very good condition we estimate a sale value of £62,494 and rental value of £477 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £55,352 and a rental value of £423 per month.
If you were able to purchase this property for the estimated value of £59,518, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £293 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, 25, Stuart Terrace, Gateshead was last sold on 26 Jun 2007 for £56,250 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jun 2007, the market for similar properties has dropped 3.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 25, Stuart Terrace, Gateshead within a radius of 870 metres over the last 2 years.
The most recent example is 19, Stuart Terrace, Gateshead, NE10 0ET, a Leasehold flat which sold for £47,000 in May 2015.
Read more about house prices in NE10.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Stuart Terrace, Gateshead, NE10 has a total of 21 addresses. According to our analysis of all the public data, 25, Stuart Terrace, Gateshead is the 10th largest and the 13th most expensive property on the street.
When compared to the postcode district it is £97k less expensive than the average property in NE10.
25, Stuart Terrace, Gateshead has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 08 Mar 2022.
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, Stuart Terrace, Gateshead is Heworth station which is 800 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 25, Stuart Terrace, Gateshead, 44.3% of property is socially rented and 33.0% is privately rented.
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, Stuart Terrace, Gateshead, 23.2% of residents are recorded as possessing school level qualifications and 34.2% 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, Stuart Terrace, Gateshead, the average age was 39.7 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 25, Stuart Terrace, 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 25, Stuart Terrace, 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.