According to the public record, 49, York Street, Gateshead is a period leasehold apartment with 710 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
York Street, Pelaw, Gateshead, NE10 is located in the borough of Gateshead within the NE10 postal district.
49, York Street, Gateshead has 41 entries in the Land Registry database, most recently in January 2015 and a single entry in the EPC database dated November 2014.
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 49 York Street Gateshead as £80,300 and the rental value as £612 per month giving an expected gross yield of 9.2%.
Over the last 12 months the sale value of 49 York Street Gateshead has increased by £2,649 (3.3%) and its rental value has increased by £61 per month (10.0%).
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 49, York Street, Gateshead is in very good condition we estimate a sale value of £84,315 and rental value of £643 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £74,679 and a rental value of £569 per month.
If you were able to purchase this property for the estimated value of £80,300, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £395 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, 49, York Street, Gateshead was last sold on 19 Jan 2015 for £68,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Jan 2015, the market for similar properties has risen 20.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 49, York Street, Gateshead within a radius of 680 metres over the last 2 years.
The most recent example is 14, Salisbury Street, Gateshead, NE10 0XY, a Leasehold flat which sold for £89,950 in Jan 2024.
Read more about house prices in NE10.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
York Street, Pelaw, Gateshead, NE10 has a total of 68 addresses. According to our analysis of all the public data, 49, York Street, Gateshead is the 47th largest and the 49th most expensive property on the street.
When compared to the postcode district it is £76k less expensive than the average property in NE10.
49, York Street, Gateshead has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 17 Nov 2014.
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 49, York Street, Gateshead is Heworth station which is 600 metres 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 49, York Street, Gateshead, 42.4% of property is privately rented and 32.2% 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 49, York Street, Gateshead, 13.0% of residents are recorded as possessing school level qualifications and 36.6% 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 49, York Street, Gateshead, the average age was 39.7 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 49, York 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 49, York Street, Gateshead, there are an average of 0.7 cars per household.
See below for how this compares to North East and the rest of England & Wales.