According to the public record, 29, Long Bank, Gateshead is a leasehold house.
By comparing it to neighbours, we estimate that it is a period house with 1,073 ft2 of internal area and sits on a 389 m2 plot and a garden.
Houses of this size in this area normally have 3 bedrooms.
Long Bank, Gateshead, NE9 is located in the borough of Gateshead within the NE9 postal district.
29, Long Bank, Gateshead has a single entry in the Land Registry database from June 2010 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.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 29 Long Bank Gateshead as £277,014 and the rental value as £1,243 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of 29 Long Bank Gateshead has increased by £4,127 (1.5%) and its rental value has increased by £108 per month (8.7%).
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 29, Long Bank, Gateshead is in very good condition we estimate a sale value of £290,865 and rental value of £1,305 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £257,623 and a rental value of £1,156 per month.
If you were able to purchase this property for the estimated value of £277,014, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,361 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, 29, Long Bank, Gateshead sits on a plot of 389m2.
We have plot size data on 7 out of 11 other houses in the postcode and 29, Long Bank, Gateshead sits on the 7th largest plot.
According to HM Land Registry, 29, Long Bank, Gateshead was last sold on 22 Jun 2010 for £160,000 and was recorded as a leasehold house.
The property has only had this single sale since 1995.
Since Jun 2010, the market for similar properties has risen 29.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 29, Long Bank, Gateshead within a radius of 660 metres over the last 2 years.
The most recent example is 4, Jubilee Avenue, Gateshead, NE9 7HN, a Freehold house which sold for £310,000 in Nov 2022.
Read more about house prices in NE9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Long Bank, Gateshead, NE9 has a total of 45 addresses. According to our analysis of all the public data, 29, Long Bank, Gateshead is the 23rd largest and the 14th most expensive property on the street.
When compared to the postcode district it is £120k more expensive than the average property in NE9.
The closest station to 29, Long Bank, Gateshead is Heworth station which is 3.6 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 29, Long Bank, Gateshead, 36.0% of property is privately owned outright and 32.7% is socially rented.
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 29, Long Bank, Gateshead, 14.4% of residents are recorded as possessing school level qualifications and 17.4% 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 29, Long Bank, Gateshead, the average age was 39.6 and the most common age was 57.
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 29, Long Bank, Gateshead, 0.3% 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 29, Long Bank, 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.