According to the public record, 4, Primrose Hill, Gateshead is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 1,732 ft2 of internal area and a garden.
Houses of this size in this area normally have 5 bedrooms.
Primrose Hill, Gateshead, NE9 is located in the borough of Gateshead within the NE9 postal district.
4, Primrose Hill, Gateshead has a single entry in the Land Registry database from July 2006 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 4 Primrose Hill Gateshead as £382,111 and the rental value as £1,669 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of 4 Primrose Hill Gateshead has increased by £4,352 (1.1%) and its rental value has increased by £137 per month (8.2%).
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, Primrose Hill, Gateshead is in very good condition we estimate a sale value of £401,217 and rental value of £1,753 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £355,363 and a rental value of £1,553 per month.
If you were able to purchase this property for the estimated value of £382,111, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,878 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, 4, Primrose Hill, Gateshead was last sold on 25 Jul 2006 for £245,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Primrose Hill, Gateshead within a radius of 480 metres over the last 2 years.
The most recent example is 21, Beacon Street, Gateshead, NE9 5XN, a Freehold house which sold for £323,040 in Apr 2022.
Read more about house prices in NE9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Primrose Hill, Gateshead, NE9 has a total of 35 addresses. According to our analysis of all the public data, 4, Primrose Hill, Gateshead is the 3rd largest and the 7th most expensive property on the street.
When compared to the postcode district it is £226k more expensive than the average property in NE9.
The closest station to 4, Primrose Hill, Gateshead is Heworth station which is 3.0 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 4, Primrose Hill, Gateshead, 63.4% of property is privately owned outright and 31.3% 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, Primrose Hill, Gateshead, 10.8% of residents are recorded as possessing school level qualifications and 40.3% 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, Primrose Hill, Gateshead, the average age was 43.8 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, Primrose Hill, Gateshead, 0.7% 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, Primrose Hill, Gateshead, there are an average of 1.2 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.