According to the public record, 45, Park Terrace, Gateshead is a period freehold house with 990 ft2 of internal area and sits on a 142 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Park Terrace, Dunston, Gateshead, NE11 is located in the borough of Gateshead within the NE11 postal district.
45, Park Terrace, Gateshead has a single entry in the Land Registry database from March 2020 and a single entry in the EPC database dated September 2013.
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 45 Park Terrace Gateshead as £177,972 and the rental value as £1,042 per month giving an expected gross yield of 7%.
Over the last 12 months the sale value of 45 Park Terrace Gateshead has increased by £3,768 (2.1%) and its rental value has increased by £100 per month (9.6%).
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, Park Terrace, Gateshead is in very good condition we estimate a sale value of £186,871 and rental value of £1,095 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £165,514 and a rental value of £969 per month.
If you were able to purchase this property for the estimated value of £177,972, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £875 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, 45, Park Terrace, Gateshead sits on a plot of 142m2.
We have plot size data on 26 out of 44 other houses in the postcode and 45, Park Terrace, Gateshead sits on the 4th largest plot.
According to HM Land Registry, 45, Park Terrace, Gateshead was last sold on 04 Mar 2020 for £122,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Mar 2020, the market for similar properties has risen 20.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 45, Park Terrace, Gateshead within a radius of 610 metres over the last 2 years.
The most recent example is 35, Park Terrace, Gateshead, NE11 9PA, a Freehold house which sold for £185,000 in Jan 2024.
Read more about house prices in NE11.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Park Terrace, Dunston, Gateshead, NE11 has a total of 44 addresses. According to our analysis of all the public data, 45, Park Terrace, Gateshead is the 24th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £45k more expensive than the average property in NE11.
45, Park Terrace, Gateshead has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 20 Sep 2013.
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 45, Park Terrace, Gateshead is Dunston station which is 600 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 45, Park Terrace, Gateshead, 42.2% of property is privately owned with a mortgage and 41.1% 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 45, Park Terrace, Gateshead, 16.6% of residents are recorded as possessing school level qualifications and 25.9% 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, Park Terrace, Gateshead, the average age was 43.4 and the most common age was 52.
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, Park Terrace, Gateshead, 2.0% 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, Park Terrace, 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.