According to the public record, 39, Bridges View, Gateshead is a modern freehold house with 2,077 ft2 of internal area and sits on a 220 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Bridges View, Gateshead, NE8 is located in the borough of Gateshead within the NE8 postal district.
39, Bridges View, Gateshead has a single entry in the Land Registry database from September 2021 and a single entry in the EPC database dated October 2019.
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 39 Bridges View Gateshead as £245,880 and the rental value as £1,378 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of 39 Bridges View Gateshead has increased by £3,284 (1.3%) and its rental value has increased by £109 per month (7.9%).
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 39, Bridges View, Gateshead is in very good condition we estimate a sale value of £258,174 and rental value of £1,447 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £228,668 and a rental value of £1,281 per month.
If you were able to purchase this property for the estimated value of £245,880, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,208 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, 39, Bridges View, Gateshead sits on a plot of 220m2.
We have plot size data on 41 out of 46 other houses in the postcode and 39, Bridges View, Gateshead sits on the 4th largest plot.
According to HM Land Registry, 39, Bridges View, Gateshead was last sold on 22 Sep 2021 for £200,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Sep 2021, the market for similar properties has risen 9.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 39, Bridges View, Gateshead within a radius of 480 metres over the last 2 years.
The most recent example is 38, Bridges View, Gateshead, NE8 1NZ, a Freehold house which sold for £195,000 in Nov 2022.
Read more about house prices in NE8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Bridges View, Gateshead, NE8 has a total of 62 addresses. According to our analysis of all the public data, 39, Bridges View, Gateshead is the 5th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £113k more expensive than the average property in NE8.
39, Bridges View, Gateshead has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 02 Oct 2019.
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 39, Bridges View, Gateshead is Newcastle station which is 1.3 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 39, Bridges View, Gateshead, 35.6% of property is privately rented and 30.0% 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 39, Bridges View, Gateshead, 9.6% of residents are recorded as possessing school level qualifications and 46.9% 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 39, Bridges View, 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 39, Bridges View, 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 39, Bridges View, Gateshead, there are an average of 1.0 cars per household.
See below for how this compares to North East and the rest of England & Wales.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.