According to the public record, 3, Hazel Grove, Gateshead is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 871 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Hazel Grove, Gateshead, NE10 is located in the borough of Gateshead within the NE10 postal district.
3, Hazel Grove, Gateshead has a single entry in the Land Registry database from March 2008 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 3 Hazel Grove Gateshead as £118,691 and the rental value as £773 per month giving an expected gross yield of 7.8%.
Over the last 12 months the sale value of 3 Hazel Grove Gateshead has increased by £4,060 (3.4%) and its rental value has increased by £80 per month (10.4%).
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 3, Hazel Grove, Gateshead is in very good condition we estimate a sale value of £124,626 and rental value of £812 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £110,383 and a rental value of £719 per month.
If you were able to purchase this property for the estimated value of £118,691, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £583 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, 3, Hazel Grove, Gateshead was last sold on 07 Mar 2008 for £100,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Mar 2008, the market for similar properties has risen 20.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Hazel Grove, Gateshead within a radius of 580 metres over the last 2 years.
The most recent example is 16, Havercroft, Gateshead, NE10 8DQ, a Freehold house which sold for £99,950 in Feb 2024.
Read more about house prices in NE10.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hazel Grove, Gateshead, NE10 has a total of 16 addresses. According to our analysis of all the public data, 3, Hazel Grove, Gateshead is the 12th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £38k less expensive than the average property in NE10.
The closest station to 3, Hazel Grove, Gateshead is Heworth station which is 1.5 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 3, Hazel Grove, Gateshead, 38.2% of property is socially rented and 30.9% 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 3, Hazel Grove, Gateshead, 20.0% of residents are recorded as possessing school level qualifications and 22.0% 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 3, Hazel Grove, Gateshead, the average age was 41.4 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 3, Hazel Grove, 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 3, Hazel Grove, 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.