According to the public record, 43, Caris Street, Gateshead is a period freehold house with 818 ft2 of internal area and sits on a 92.1 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Caris Street, Gateshead, NE8 is located in the borough of Gateshead within the NE8 postal district.
43, Caris Street, Gateshead has 31 entries in the Land Registry database, most recently in September 2021 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 43 Caris Street Gateshead as £109,631 and the rental value as £724 per month giving an expected gross yield of 7.9%.
Over the last 12 months the sale value of 43 Caris Street Gateshead has increased by £3,970 (3.6%) and its rental value has increased by £75 per month (10.4%).
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 43, Caris Street, Gateshead is in very good condition we estimate a sale value of £115,112 and rental value of £761 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £101,956 and a rental value of £674 per month.
If you were able to purchase this property for the estimated value of £109,631, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £539 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, 43, Caris Street, Gateshead sits on a plot of 92m2.
We have plot size data on 4 out of 7 other houses in the postcode and 43, Caris Street, Gateshead sits on the 15th largest plot.
According to HM Land Registry, 43, Caris Street, Gateshead was last sold on 17 Sep 2021 for £99,950 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Sep 2021, the market for similar properties has risen 11.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 43, Caris Street, Gateshead within a radius of 360 metres over the last 2 years.
The most recent example is 24, Fullerton Place, Gateshead, NE9 5LP, a Freehold house which sold for £100,000 in Apr 2020.
Read more about house prices in NE8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Caris Street, Gateshead, NE8 has a total of 36 addresses. According to our analysis of all the public data, 43, Caris Street, Gateshead is the 4th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £23k less expensive than the average property in NE8.
43, Caris Street, Gateshead has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 17 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 43, Caris Street, Gateshead is Heworth station which is 2.4 kilometres 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 43, Caris Street, Gateshead, 49.0% of property is privately rented and 28.4% is socially 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 43, Caris Street, Gateshead, 18.3% of residents are recorded as possessing school level qualifications and 21.7% 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 43, Caris 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 43, Caris 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 43, Caris Street, 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.