According to the public record, 29, Oban Terrace, Gateshead is a period apartment with 731 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Oban Terrace, Gateshead, NE10 is located in the borough of Gateshead within the NE10 postal district.
29, Oban Terrace, Gateshead has no records in the Land Registry database and a single entry in the EPC database dated March 2023.
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 29 Oban Terrace Gateshead as £86,859 and the rental value as £658 per month giving an expected gross yield of 9.1%.
Over the last 12 months the sale value of 29 Oban Terrace Gateshead has increased by £2,553 (2.9%) and its rental value has increased by £65 per month (9.9%).
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 29, Oban Terrace, Gateshead is in very good condition we estimate a sale value of £91,202 and rental value of £691 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £80,779 and a rental value of £612 per month.
If you were able to purchase this property for the estimated value of £86,859, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £427 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 29, Oban Terrace, Gateshead within a radius of 550 metres over the last 2 years.
The most recent example is 370, Sunderland Road, Gateshead, NE8 3QP, a Leasehold flat which sold for £97,000 in Oct 2023.
Read more about house prices in NE10.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Oban Terrace, Gateshead, NE10 has a total of 16 addresses. According to our analysis of all the public data, 29, Oban Terrace, Gateshead is the 16th largest and the 16th most expensive property on the street.
When compared to the postcode district it is £70k less expensive than the average property in NE10.
29, Oban Terrace, Gateshead has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 13 Mar 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 29, Oban Terrace, Gateshead is Heworth station which is 1.5 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 29, Oban Terrace, Gateshead, 38.2% of property is socially rented and 31.6% is privately 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, Oban Terrace, Gateshead, 18.4% of residents are recorded as possessing school level qualifications and 17.9% 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 29, Oban Terrace, Gateshead, the average age was 35.8 and the most common age was 27.
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, Oban Terrace, Gateshead, 1.0% 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 29, Oban Terrace, 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.