According to the public record, 3, Lauder Way, Gateshead is a modern freehold house with 762 ft2 of internal area and sits on a 96.1 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Lauder Way, Gateshead, NE10 is located in the borough of Gateshead within the NE10 postal district.
3, Lauder Way, Gateshead has 21 entries in the Land Registry database, most recently in May 2020 and a single entry in the EPC database dated April 2011.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 3 Lauder Way Gateshead as £164,773 and the rental value as £973 per month giving an expected gross yield of 7.1%.
Over the last 12 months the sale value of 3 Lauder Way Gateshead has increased by £5,792 (3.5%) and its rental value has increased by £99 per month (10.2%).
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, Lauder Way, Gateshead is in very good condition we estimate a sale value of £173,011 and rental value of £1,021 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £153,239 and a rental value of £905 per month.
If you were able to purchase this property for the estimated value of £164,773, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £810 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, 3, Lauder Way, Gateshead sits on a plot of 96m2.
We have plot size data on 15 out of 22 other houses in the postcode and 3, Lauder Way, Gateshead sits on the 15th largest plot.
According to HM Land Registry, 3, Lauder Way, Gateshead was last sold on 11 May 2020 for £119,950 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since May 2020, the market for similar properties has risen 19.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Lauder Way, Gateshead within a radius of 560 metres over the last 2 years.
The most recent example is 9, Galloway Road, Gateshead, NE10 0BF, a Freehold house which sold for £163,000 in Feb 2023.
Read more about house prices in NE10.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lauder Way, Gateshead, NE10 has a total of 50 addresses. According to our analysis of all the public data, 3, Lauder Way, Gateshead is the 10th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £8k more expensive than the average property in NE10.
3, Lauder Way, Gateshead has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 21 Apr 2011.
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 3, Lauder Way, Gateshead is Heworth station which is 1.1 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, Lauder Way, Gateshead, 41.6% of property is privately rented and 39.1% 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, Lauder Way, Gateshead, 18.5% of residents are recorded as possessing school level qualifications and 41.2% 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, Lauder Way, Gateshead, the average age was 39.7 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 3, Lauder Way, 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 3, Lauder Way, 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.