According to the public record, 47-49, Robson Street, Gateshead is a period apartment with 538 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Robson Street, Gateshead, NE9 is located in the borough of Gateshead within the NE9 postal district.
47-49, Robson Street, Gateshead has no records in the Land Registry database and a single entry in the EPC database dated April 2016.
We combine this information with public data 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 47-49 Robson Street Gateshead as £102,705 and the rental value as £719 per month giving an expected gross yield of 8.4%.
Over the last 12 months the sale value of 47-49 Robson Street Gateshead has increased by £3,275 (3.2%) and its rental value has increased by £74 per month (10.3%).
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 47-49, Robson Street, Gateshead is in very good condition we estimate a sale value of £107,840 and rental value of £754 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £95,515 and a rental value of £668 per month.
If you were able to purchase this property for the estimated value of £102,705, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £505 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 47-49, Robson Street, Gateshead within a radius of 460 metres over the last 2 years.
The most recent example is 48, Dean Street, Gateshead, NE9 5XL, a Leasehold flat which sold for £88,000 in Sep 2022.
Read more about house prices in NE9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Robson Street, Gateshead, NE9 has a total of 30 addresses. According to our analysis of all the public data, 47-49, Robson Street, Gateshead is the 28th largest and the 28th most expensive property on the street.
When compared to the postcode district it is £54k less expensive than the average property in NE9.
47-49, Robson Street, Gateshead has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 06 Apr 2016.
The property is connected to mains gas and has partial double glazing. It is heated using Room heaters, electric.
The closest station to 47-49, Robson Street, Gateshead is Heworth station which is 3.1 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 47-49, Robson Street, Gateshead, 33.1% of property is privately owned with a mortgage and 33.1% is privately 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 47-49, Robson Street, Gateshead, 5.2% of residents are recorded as possessing school level qualifications and 35.1% 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 47-49, Robson Street, 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 47-49, Robson 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 47-49, Robson Street, Gateshead, there are an average of 0.8 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.