According to the public record, 4, Milvain Street, Gateshead is a modern freehold house with 971 ft2 of internal area and sits on a 140 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Milvain Street, Gateshead, NE8 is located in the borough of Gateshead within the NE8 postal district.
4, Milvain Street, Gateshead has a single entry in the Land Registry database from May 2011 and a single entry in the EPC database dated October 2010.
We combine this information with that of neighbouring properties to estimate the property 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.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 4 Milvain Street Gateshead as £121,532 and the rental value as £769 per month giving an expected gross yield of 7.6%.
Over the last 12 months the sale value of 4 Milvain Street Gateshead has increased by £4,163 (3.4%) and its rental value has increased by £78 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 4, Milvain Street, Gateshead is in very good condition we estimate a sale value of £127,608 and rental value of £808 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £113,025 and a rental value of £716 per month.
If you were able to purchase this property for the estimated value of £121,532, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £597 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, Milvain Street, Gateshead sits on a plot of 140m2.
We have plot size data on 3 out of 10 other houses in the postcode and 4, Milvain Street, Gateshead sits on the 3rd largest plot.
According to HM Land Registry, 4, Milvain Street, Gateshead was last sold on 05 May 2011 for £90,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2011, the market for similar properties has risen 34.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Milvain Street, Gateshead within a radius of 450 metres over the last 2 years.
The most recent example is 4, Fife Street, Gateshead, NE8 3RR, a Freehold house which sold for £100,000 in Apr 2024.
Read more about house prices in NE8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Milvain Street, Gateshead, NE8 has a total of 10 addresses. According to our analysis of all the public data, 4, Milvain Street, Gateshead is the largest and the most expensive property on the street.
When compared to the postcode district it is £11k less expensive than the average property in NE8.
4, Milvain Street, Gateshead has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 06 Oct 2010.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to 4, Milvain Street, Gateshead is Newcastle station which is 2.1 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 4, Milvain Street, Gateshead, 63.6% of property is socially rented and 20.0% is privately 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 4, Milvain Street, Gateshead, 12.8% of residents are recorded as possessing school level qualifications and 20.1% 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 4, Milvain Street, Gateshead, the average age was 38.5 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 4, Milvain Street, 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 4, Milvain Street, Gateshead, there are an average of 0.4 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.