According to the public record, 30, Oak Square, Gateshead is a mid-century apartment with 730 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Oak Square, Gateshead, NE8 is located in the borough of Gateshead within the NE8 postal district.
30, Oak Square, Gateshead has no records in the Land Registry database and a single entry in the EPC database dated June 2011.
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 30 Oak Square Gateshead as £60,303 and the rental value as £472 per month giving an expected gross yield of 9.4%.
Over the last 12 months the sale value of 30 Oak Square Gateshead has increased by £2,163 (3.6%) and its rental value has increased by £49 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 30, Oak Square, Gateshead is in very good condition we estimate a sale value of £63,318 and rental value of £495 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £56,082 and a rental value of £439 per month.
If you were able to purchase this property for the estimated value of £60,303, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £296 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 30, Oak Square, Gateshead within a radius of 580 metres over the last 2 years.
The most recent example is 74, Queen Street, Gateshead, NE8 2SU, a Leasehold flat which sold for £45,000 in Nov 2017.
Read more about house prices in NE8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Oak Square, Gateshead, NE8 has a total of 30 addresses. According to our analysis of all the public data, 30, Oak Square, Gateshead is the 6th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £72k less expensive than the average property in NE8.
30, Oak Square, Gateshead has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 24 Jun 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 30, Oak Square, Gateshead is Dunston station which is 1.2 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 30, Oak Square, Gateshead, 33.6% of property is socially rented and 26.7% 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 30, Oak Square, Gateshead, 8.5% of residents are recorded as possessing school level qualifications and 26.4% 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 30, Oak Square, 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 30, Oak Square, Gateshead, 0.9% 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 30, Oak Square, 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.