According to the public record, 28, St. Albans Terrace, Gateshead is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 2,454 ft2 of internal area and a garden.
Houses of this size in this area normally have 5 bedrooms.
St. Albans Terrace, Gateshead, NE8 is located in the borough of Gateshead within the NE8 postal district.
28, St. Albans Terrace, Gateshead has a single entry in the Land Registry database from October 2006 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.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 28 St. Albans Terrace Gateshead as £260,499 and the rental value as £1,426 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of 28 St. Albans Terrace Gateshead has increased by £3,489 (1.3%) and its rental value has increased by £113 per month (7.9%).
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 28, St. Albans Terrace, Gateshead is in very good condition we estimate a sale value of £273,524 and rental value of £1,497 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £242,264 and a rental value of £1,326 per month.
If you were able to purchase this property for the estimated value of £260,499, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,280 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, 28, St. Albans Terrace, Gateshead was last sold on 05 Oct 2006 for £205,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 28, St. Albans Terrace, Gateshead within a radius of 390 metres over the last 2 years.
The most recent example is 237, Coatsworth Road, Gateshead, NE8 4LJ, a Freehold house which sold for £290,000 in Aug 2022.
Read more about house prices in NE8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
St. Albans Terrace, Gateshead, NE8 has a total of 18 addresses. According to our analysis of all the public data, 28, St. Albans Terrace, Gateshead is the 8th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £128k more expensive than the average property in NE8.
The closest station to 28, St. Albans Terrace, Gateshead is Newcastle station which is 2.0 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 28, St. Albans Terrace, Gateshead, 29.2% of property is privately owned with a mortgage and 28.3% 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 28, St. Albans Terrace, Gateshead, 37.3% of residents are recorded as possessing school level qualifications and 28.6% 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 28, St. Albans Terrace, 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 28, St. Albans 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 28, St. Albans Terrace, Gateshead, there are an average of 0.9 cars per household.
See below for how this compares to North East and the rest of England & Wales.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.