According to the public record, 45, Coltspool, Gateshead is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,137 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Coltspool, Gateshead, NE11 is located in the borough of Gateshead within the NE11 postal district.
45, Coltspool, Gateshead has 2 entries in the Land Registry database, most recently in October 2019 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.
•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 45 Coltspool Gateshead as £169,583 and the rental value as £1,021 per month giving an expected gross yield of 7.2%.
Over the last 12 months the sale value of 45 Coltspool Gateshead has increased by £1,679 (1.0%) and its rental value has increased by £91 per month (8.9%).
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 45, Coltspool, Gateshead is in very good condition we estimate a sale value of £178,062 and rental value of £1,073 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £157,712 and a rental value of £950 per month.
If you were able to purchase this property for the estimated value of £169,583, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £833 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, 45, Coltspool, Gateshead was last sold on 02 Oct 2019 for £167,500 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Oct 2019, the market for similar properties has risen 18.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 45, Coltspool, Gateshead within a radius of 2.1 kilometres over the last 2 years.
The most recent example is 21, Coltspool, Gateshead, NE11 0YS, a Freehold house which sold for £165,000 in Jul 2020.
Read more about house prices in NE11.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Coltspool, Gateshead, NE11 has a total of 47 addresses. According to our analysis of all the public data, 45, Coltspool, Gateshead is the 6th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £37k more expensive than the average property in NE11.
The closest station to 45, Coltspool, Gateshead is Dunston station which is 5.4 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 45, Coltspool, Gateshead, 55.2% of property is socially rented and 21.4% 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 45, Coltspool, Gateshead, 19.5% of residents are recorded as possessing school level qualifications and 22.3% 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 45, Coltspool, Gateshead, the average age was 40 and the most common age was 37.
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 45, Coltspool, 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 45, Coltspool, 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.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.