According to the public record, 337, Old Durham Road, Gateshead is a period freehold house with 678 ft2 of internal area and sits on a 52.7 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Old Durham Road, Gateshead, NE9 is located in the borough of Gateshead within the NE9 postal district.
337, Old Durham Road, Gateshead has a single entry in the Land Registry database from July 2007 and a single entry in the EPC database dated November 2020.
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 337 Old Durham Road Gateshead as £114,695 and the rental value as £787 per month giving an expected gross yield of 8.2%.
Over the last 12 months the sale value of 337 Old Durham Road Gateshead has increased by £3,741 (3.3%) and its rental value has increased by £80 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 337, Old Durham Road, Gateshead is in very good condition we estimate a sale value of £120,430 and rental value of £826 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £106,666 and a rental value of £732 per month.
If you were able to purchase this property for the estimated value of £114,695, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £564 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, 337, Old Durham Road, Gateshead sits on a plot of 53m2.
We have plot size data on 7 out of 9 other houses in the postcode and 337, Old Durham Road, Gateshead sits on the 7th largest plot.
According to HM Land Registry, 337, Old Durham Road, Gateshead was last sold on 04 Jul 2007 for £109,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jul 2007, the market for similar properties has risen 12.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 337, Old Durham Road, Gateshead within a radius of 380 metres over the last 2 years.
The most recent example is 70, Chandos Street, Gateshead, NE8 4AB, a Leasehold house which sold for £73,500 in Mar 2023.
Read more about house prices in NE9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Old Durham Road, Gateshead, NE9 has a total of 102 addresses. According to our analysis of all the public data, 337, Old Durham Road, Gateshead is the 84th largest and the 44th most expensive property on the street.
When compared to the postcode district it is £42k less expensive than the average property in NE9.
337, Old Durham Road, Gateshead has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 Nov 2020.
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 337, Old Durham Road, Gateshead is Heworth station which is 2.4 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 337, Old Durham Road, Gateshead, 29.5% of property is privately rented and 26.7% is socially rented.
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 337, Old Durham Road, Gateshead, 12.4% of residents are recorded as possessing school level qualifications and 34.4% 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 337, Old Durham Road, Gateshead, the average age was 37.2 and the most common age was 7.
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 337, Old Durham Road, 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 337, Old Durham Road, Gateshead, there are an average of 0.7 cars per household.
See below for how this compares to North East and the rest of England & Wales.