According to the public record, 261, Westway, Gateshead is a early-century house with 990 ft2 of internal area and sits on a 224 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Westway, Gateshead, NE11 is located in the borough of Gateshead within the NE11 postal district.
261, Westway, Gateshead has no records in the Land Registry database and a single entry in the EPC database dated January 2014.
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 261 Westway Gateshead as £153,131 and the rental value as £964 per month giving an expected gross yield of 7.6%.
Over the last 12 months the sale value of 261 Westway Gateshead has increased by £3,350 (2.2%) and its rental value has increased by £90 per month (9.3%).
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 261, Westway, Gateshead is in very good condition we estimate a sale value of £160,788 and rental value of £1,012 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £142,412 and a rental value of £896 per month.
If you were able to purchase this property for the estimated value of £153,131, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £753 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, 261, Westway, Gateshead sits on a plot of 224m2.
We have plot size data on 11 out of 20 other houses in the postcode and 261, Westway, Gateshead sits on the 13th largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 261, Westway, Gateshead within a radius of 530 metres over the last 2 years.
The most recent example is 52, Cypress Crescent, Gateshead, NE11 9XA, a Freehold house which sold for £172,000 in Jan 2024.
Read more about house prices in NE11.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Westway, Gateshead, NE11 has a total of 32 addresses. According to our analysis of all the public data, 261, Westway, Gateshead is the 4th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £20k more expensive than the average property in NE11.
261, Westway, Gateshead has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 06 Jan 2014.
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 261, Westway, Gateshead is Dunston station which is 200 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 261, Westway, Gateshead, 36.8% of property is privately owned outright and 32.8% 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 261, Westway, Gateshead, 17.2% of residents are recorded as possessing school level qualifications and 20.4% 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 261, Westway, Gateshead, the average age was 43.4 and the most common age was 52.
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 261, Westway, 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 261, Westway, 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.