According to the public record, 4, Grasmere Avenue, Gateshead is a early-century freehold house with 785 ft2 of internal area and sits on a 261 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Grasmere Avenue, Gateshead, NE10 is located in the borough of Gateshead within the NE10 postal district.
4, Grasmere Avenue, Gateshead has a single entry in the Land Registry database from December 2015 and a single entry in the EPC database dated June 2015.
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 4 Grasmere Avenue Gateshead as £193,194 and the rental value as £1,032 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of 4 Grasmere Avenue Gateshead has increased by £6,465 (3.3%) and its rental value has increased by £106 per month (10.3%).
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 4, Grasmere Avenue, Gateshead is in very good condition we estimate a sale value of £202,854 and rental value of £1,084 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £179,670 and a rental value of £960 per month.
If you were able to purchase this property for the estimated value of £193,194, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £949 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, 4, Grasmere Avenue, Gateshead sits on a plot of 261m2.
We have plot size data on 9 out of 22 other houses in the postcode and 4, Grasmere Avenue, Gateshead sits on the 5th largest plot.
According to HM Land Registry, 4, Grasmere Avenue, Gateshead was last sold on 16 Dec 2015 for £140,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Dec 2015, the market for similar properties has risen 30.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Grasmere Avenue, Gateshead within a radius of 640 metres over the last 2 years.
The most recent example is 19, Windermere Avenue, Gateshead, NE10 0XP, a Freehold house which sold for £125,000 in Mar 2019.
Read more about house prices in NE10.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Grasmere Avenue, Gateshead, NE10 has a total of 22 addresses. According to our analysis of all the public data, 4, Grasmere Avenue, Gateshead is the 20th largest and the 20th most expensive property on the street.
When compared to the postcode district it is £37k more expensive than the average property in NE10.
4, Grasmere Avenue, Gateshead has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 29 Jun 2015.
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 4, Grasmere Avenue, Gateshead is Heworth station which is 400 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 4, Grasmere Avenue, Gateshead, 41.7% of property is privately owned outright and 25.2% 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 4, Grasmere Avenue, Gateshead, 15.2% of residents are recorded as possessing school level qualifications and 24.7% 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 4, Grasmere Avenue, Gateshead, the average age was 41.4 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 4, Grasmere Avenue, Gateshead, 0.8% 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 4, Grasmere Avenue, 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.