According to the public record, 4, Northbourne Street, Gateshead is a period apartment with 663 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Northbourne Street, Gateshead, NE8 is located in the borough of Gateshead within the NE8 postal district.
4, Northbourne Street, Gateshead has no records in the Land Registry database and a single entry in the EPC database dated March 2012.
We combine this information with public data 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 Northbourne Street Gateshead as £79,990 and the rental value as £619 per month giving an expected gross yield of 9.3%.
Over the last 12 months the sale value of 4 Northbourne Street Gateshead has increased by £2,511 (3.1%) and its rental value has increased by £61 per month (9.9%).
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 4, Northbourne Street, Gateshead is in very good condition we estimate a sale value of £83,990 and rental value of £650 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £74,391 and a rental value of £576 per month.
If you were able to purchase this property for the estimated value of £79,990, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £393 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Northbourne Street, Gateshead within a radius of 380 metres over the last 2 years.
The most recent example is 28, Raby Street, Gateshead, NE8 4AD, a Leasehold flat which sold for £72,000 in Oct 2023.
Read more about house prices in NE8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Northbourne Street, Gateshead, NE8 has a total of 117 addresses. According to our analysis of all the public data, 4, Northbourne Street, Gateshead is the 77th largest and the 50th most expensive property on the street.
When compared to the postcode district it is £53k less expensive than the average property in NE8.
4, Northbourne Street, Gateshead has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 26 Mar 2012.
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, Northbourne Street, Gateshead is Newcastle station which is 2.4 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 4, Northbourne Street, Gateshead, 41.9% of property is privately rented and 20.9% 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 4, Northbourne Street, Gateshead, 14.4% of residents are recorded as possessing school level qualifications and 34.7% 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, Northbourne 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, Northbourne 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, Northbourne Street, Gateshead, there are an average of 0.6 cars per household.
See below for how this compares to North East and the rest of England & Wales.