According to the public record, 27, Park Terrace, Gateshead is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 1,070 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Park Terrace, Dunston, Gateshead, NE11 is located in the borough of Gateshead within the NE11 postal district.
27, Park Terrace, Gateshead has 21 entries in the Land Registry database, most recently in July 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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.
1Sales dated prior to 2007 are shown, but are not used in our calculations.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 27 Park Terrace Gateshead as £185,319 and the rental value as £1,061 per month giving an expected gross yield of 6.9%.
Over the last 12 months the sale value of 27 Park Terrace Gateshead has increased by £3,923 (2.1%) and its rental value has increased by £102 per month (9.6%).
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 27, Park Terrace, Gateshead is in very good condition we estimate a sale value of £194,585 and rental value of £1,114 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £172,347 and a rental value of £986 per month.
If you were able to purchase this property for the estimated value of £185,319, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £911 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, 27, Park Terrace, Gateshead was last sold on 27 Jul 2007 for £158,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jul 2007, the market for similar properties has risen 18.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 27, Park Terrace, Gateshead within a radius of 620 metres over the last 2 years.
The most recent example is 39, Park Terrace, Gateshead, NE11 9PA, a Freehold house which sold for £185,000 in Jul 2023.
Read more about house prices in NE11.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Park Terrace, Dunston, Gateshead, NE11 has a total of 44 addresses. According to our analysis of all the public data, 27, Park Terrace, Gateshead is the 20th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £53k more expensive than the average property in NE11.
The closest station to 27, Park Terrace, Gateshead is Dunston station which is 600 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 27, Park Terrace, Gateshead, 42.2% of property is privately owned with a mortgage and 41.1% 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 27, Park Terrace, Gateshead, 16.6% of residents are recorded as possessing school level qualifications and 25.9% 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 27, Park Terrace, 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 27, Park Terrace, Gateshead, 2.0% 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 27, Park Terrace, 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.