According to the public record, 3, Rose Street, Gateshead is a mid-century apartment with 430 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Rose Street, Gateshead, NE8 is located in the borough of Gateshead within the NE8 postal district.
3, Rose Street, Gateshead has no records in the Land Registry database and a single entry in the EPC database dated April 2014.
We combine this information with public data 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 Rose Street Gateshead as £69,023 and the rental value as £545 per month giving an expected gross yield of 9.5%.
Over the last 12 months the sale value of 3 Rose Street Gateshead has increased by £2,199 (3.2%) and its rental value has increased by £54 per month (10.0%).
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, Rose Street, Gateshead is in very good condition we estimate a sale value of £72,474 and rental value of £572 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £64,191 and a rental value of £507 per month.
If you were able to purchase this property for the estimated value of £69,023, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £339 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 1 sale of a property similar to 3, Rose Street, Gateshead within a radius of 710 metres over the last 2 years.
The most recent example is 26, Duke Walk, Gateshead, NE8 2NU, a Leasehold flat which sold for £61,500 in Feb 2008.
Read more about house prices in NE8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Rose Street, Gateshead, NE8 has a total of 102 addresses. According to our analysis of all the public data, 3, Rose Street, Gateshead is the 102nd largest and the 97th most expensive property on the street.
When compared to the postcode district it is £64k less expensive than the average property in NE8.
3, Rose Street, Gateshead has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 03 Apr 2014.
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, Rose Street, Gateshead is Newcastle station which is 1.2 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, Rose Street, Gateshead, 32.7% of property is socially rented and 27.2% 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, Rose Street, Gateshead, 16.5% of residents are recorded as possessing school level qualifications and 18.3% 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, Rose Street, Gateshead, the average age was 38.5 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 3, Rose Street, 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, Rose Street, Gateshead, there are an average of 0.8 cars per household.
See below for how this compares to North East and the rest of England & Wales.