According to the public record, 39, Pensher Street East, Gateshead is a freehold house.
By comparing it to neighbours, we estimate that it is a early-century house with 461 ft2 of internal area and a garden.
Houses of this size in this area normally have 2 bedrooms.
Pensher Street East, Gateshead, NE10 is located in the borough of Gateshead within the NE10 postal district.
39, Pensher Street East, Gateshead has a single entry in the Land Registry database from October 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.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 39 Pensher Street East Gateshead as £77,301 and the rental value as £526 per month giving an expected gross yield of 8.2%.
Over the last 12 months the sale value of 39 Pensher Street East Gateshead has increased by £3,447 (4.5%) and its rental value has increased by £60 per month (11.4%).
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 39, Pensher Street East, Gateshead is in very good condition we estimate a sale value of £81,166 and rental value of £553 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £71,890 and a rental value of £490 per month.
If you were able to purchase this property for the estimated value of £77,301, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £380 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, 39, Pensher Street East, Gateshead was last sold on 11 Oct 2010 for £12,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Oct 2010, the market for similar properties has risen 33.9%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 39, Pensher Street East, Gateshead within a radius of 620 metres over the last 2 years.
The most recent example is 44, The Avenue, Gateshead, NE10 0JA, a Leasehold house which sold for £15,000 in Nov 2007.
Read more about house prices in NE10.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Pensher Street East, Gateshead, NE10 has a total of 54 addresses. According to our analysis of all the public data, 39, Pensher Street East, Gateshead is the 54th largest and the 54th most expensive property on the street.
When compared to the postcode district it is £79k less expensive than the average property in NE10.
The closest station to 39, Pensher Street East, Gateshead is Heworth station which is 1.4 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 39, Pensher Street East, Gateshead, 81.7% of property is socially rented and 7.6% 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 39, Pensher Street East, Gateshead, 25.3% of residents are recorded as possessing school level qualifications and 11.1% 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 39, Pensher Street East, Gateshead, the average age was 39.7 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, Pensher Street East, 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, Pensher Street East, Gateshead, there are an average of 0.5 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.