According to the public record, 26 December Courtyard, Gateshead is a modern leasehold apartment with 968 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in December Courtyard, Christmas Place, Gateshead, NE8.
Christmas Place, Gateshead, NE8 is located in the borough of Gateshead within the NE8 postal district.
26 December Courtyard, Gateshead has 31 entries in the Land Registry database, most recently in February 2024 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.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 26 December Courtyard Gateshead as £170,787 and the rental value as £955 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of 26 December Courtyard Gateshead has increased by £6,127 (3.6%) 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 26 December Courtyard, Gateshead is in very good condition we estimate a sale value of £179,327 and rental value of £1,002 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £158,832 and a rental value of £888 per month.
If you were able to purchase this property for the estimated value of £170,787, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £839 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, 26 December Courtyard, Gateshead was last sold on 23 Feb 2024 for £147,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Feb 2024, the market for similar properties has risen 6.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 26 December Courtyard, Gateshead within a radius of 730 metres over the last 2 years.
The most recent example is 2 December Courtyard, Christmas Place, Gateshead, NE8 2BS, a Leasehold flat which sold for £159,000 in Feb 2021.
Read more about house prices in NE8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Christmas Place, Gateshead, NE8 has a total of 34 addresses. According to our analysis of all the public data, 26 December Courtyard, Gateshead is the 14th largest and the 22nd most expensive property on the street.
When compared to the postcode district it is £38k more expensive than the average property in NE8.
26 December Courtyard, Gateshead has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 28 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 26 December Courtyard, Gateshead is Dunston station which is 1.2 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 26 December Courtyard, 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 26 December Courtyard, 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 26 December Courtyard, 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 26 December Courtyard, 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 26 December Courtyard, 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.