According to the public record, 271-273, Westbourne Avenue, Gateshead is a period freehold house with 1,463 ft2 of internal area and sits on a 143 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Westbourne Avenue, Gateshead, NE8 is located in the borough of Gateshead within the NE8 postal district.
271-273, Westbourne Avenue, Gateshead has a single entry in the Land Registry database from October 2023 and a single entry in the EPC database dated April 2023.
We combine this information with that 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 271-273 Westbourne Avenue Gateshead as £168,534 and the rental value as £983 per month giving an expected gross yield of 7%.
Over the last 12 months the sale value of 271-273 Westbourne Avenue Gateshead has increased by £3,767 (2.2%) and its rental value has increased by £87 per month (8.9%).
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 271-273, Westbourne Avenue, Gateshead is in very good condition we estimate a sale value of £176,961 and rental value of £1,032 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £156,737 and a rental value of £914 per month.
If you were able to purchase this property for the estimated value of £168,534, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £828 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, 271-273, Westbourne Avenue, Gateshead sits on a plot of 143m2.
We have plot size data on 2 out of 4 other houses in the postcode and 271-273, Westbourne Avenue, Gateshead sits on the 7th largest plot.
According to HM Land Registry, 271-273, Westbourne Avenue, Gateshead was last sold on 13 Oct 2023 for £160,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Oct 2023, the market for similar properties has risen 4.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 271-273, Westbourne Avenue, Gateshead within a radius of 370 metres over the last 2 years.
The most recent example is 83, Fern Dene Road, Gateshead, NE8 4RU, a Freehold house which sold for £175,000 in Dec 2021.
Read more about house prices in NE8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Westbourne Avenue, Gateshead, NE8 has a total of 282 addresses. According to our analysis of all the public data, 271-273, Westbourne Avenue, Gateshead is the 5th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £36k more expensive than the average property in NE8.
271-273, Westbourne Avenue, Gateshead has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 05 Apr 2023.
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 271-273, Westbourne Avenue, Gateshead is Dunston station which is 2.3 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 271-273, Westbourne Avenue, Gateshead, 64.7% of property is privately rented and 20.9% 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 271-273, Westbourne Avenue, Gateshead, 9.2% of residents are recorded as possessing school level qualifications and 42.7% 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 271-273, Westbourne Avenue, Gateshead, the average age was 35.8 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 271-273, Westbourne Avenue, Gateshead, 1.1% 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 271-273, Westbourne Avenue, Gateshead, there are an average of 0.6 cars per household.
See below for how this compares to North East and the rest of England & Wales.