According to the public record, 351, Durham Road, Gateshead is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 1,816 ft2 of internal area and a garden.
Houses of this size in this area normally have 5 bedrooms.
Durham Road, Gateshead, NE9 is located in the borough of Gateshead within the NE9 postal district.
351, Durham Road, Gateshead has 21 entries in the Land Registry database, most recently in September 2010 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.
•Public data including the Land Registry and EPC Register is processed and republished under the Government Open Data Licence.
•All values are estimates based on available data. All data and other content are provided subject to our Terms & Conditions.
1Sales dated prior to 2007 are shown, but are not used in our calculations.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 351 Durham Road Gateshead as £437,899 and the rental value as £1,913 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of 351 Durham Road Gateshead has increased by £5,615 (1.3%) and its rental value has increased by £156 per month (8.2%).
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 351, Durham Road, Gateshead is in very good condition we estimate a sale value of £459,794 and rental value of £2,009 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £407,246 and a rental value of £1,779 per month.
If you were able to purchase this property for the estimated value of £437,899, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,152 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, 351, Durham Road, Gateshead was last sold on 10 Sep 2010 for £370,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Sep 2010, the market for similar properties has risen 30.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 351, Durham Road, Gateshead within a radius of 600 metres over the last 2 years.
The most recent example is 357, Durham Road, Gateshead, NE9 5AJ, a Freehold house which sold for £405,000 in Dec 2020.
Read more about house prices in NE9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Durham Road, Gateshead, NE9 has a total of 351 addresses. According to our analysis of all the public data, 351, Durham Road, Gateshead is the 41st largest and the 35th most expensive property on the street.
When compared to the postcode district it is £281k more expensive than the average property in NE9.
The closest station to 351, Durham Road, Gateshead is Dunston station which is 2.9 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 351, Durham Road, Gateshead, 49.2% of property is privately owned with a mortgage and 43.4% 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 351, Durham Road, Gateshead, 21.6% of residents are recorded as possessing school level qualifications and 52.0% 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 351, Durham Road, Gateshead, the average age was 43.8 and the most common age was 57.
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 351, Durham Road, 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 351, Durham Road, Gateshead, there are an average of 1.4 cars per household.
See below for how this compares to North East and the rest of England & Wales.