According to the public record, 31, Woodbine Street, Gateshead is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 850 ft2 of internal area and a garden.
Apartments of this size in this area normally have 3 bedrooms.
Woodbine Street, Gateshead, NE8 is located in the borough of Gateshead within the NE8 postal district.
31, Woodbine Street, Gateshead has 21 entries in the Land Registry database, most recently in October 2007 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 31 Woodbine Street Gateshead as £75,473 and the rental value as £568 per month giving an expected gross yield of 9%.
Over the last 12 months the sale value of 31 Woodbine Street Gateshead has increased by £2,444 (3.2%) and its rental value has increased by £57 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 31, Woodbine Street, Gateshead is in very good condition we estimate a sale value of £79,247 and rental value of £597 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £70,190 and a rental value of £529 per month.
If you were able to purchase this property for the estimated value of £75,473, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £371 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, 31, Woodbine Street, Gateshead was last sold on 19 Oct 2007 for £137,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Oct 2007, the market for similar properties has dropped 3.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 31, Woodbine Street, Gateshead within a radius of 390 metres over the last 2 years.
The most recent example is 69, Woodbine Street, Gateshead, NE8 1ST, a Leasehold flat which sold for £60,000 in Oct 2023.
Read more about house prices in NE8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Woodbine Street, Gateshead, NE8 has a total of 124 addresses. According to our analysis of all the public data, 31, Woodbine Street, Gateshead is the 57th largest and the 96th most expensive property on the street.
When compared to the postcode district it is £57k less expensive than the average property in NE8.
The closest station to 31, Woodbine Street, Gateshead is Newcastle station which is 1.6 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 31, Woodbine Street, Gateshead, 62.7% of property is privately rented and 17.0% is privately owned outright.
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 31, Woodbine Street, Gateshead, 24.4% of residents are recorded as possessing school level qualifications and 27.1% 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 31, Woodbine Street, Gateshead, the average age was 38.1 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 31, Woodbine 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 31, Woodbine Street, 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.