According to the public record, 5, Armstrong Street, Gateshead is a modern freehold house with 1,001 ft2 of internal area and sits on a 104 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Armstrong Street, Gateshead, NE8 is located in the borough of Gateshead within the NE8 postal district.
5, Armstrong Street, Gateshead has 51 entries in the Land Registry database, most recently in November 2018 and a single entry in the EPC database dated February 2017.
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 5 Armstrong Street Gateshead as £185,539 and the rental value as £1,032 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of 5 Armstrong Street Gateshead has increased by £4,327 (2.3%) and its rental value has increased by £93 per month (9.0%).
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 5, Armstrong Street, Gateshead is in very good condition we estimate a sale value of £194,816 and rental value of £1,083 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £172,551 and a rental value of £960 per month.
If you were able to purchase this property for the estimated value of £185,539, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £912 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, 5, Armstrong Street, Gateshead sits on a plot of 104m2.
We have plot size data on 22 out of 22 other houses in the postcode and 5, Armstrong Street, Gateshead sits on the 21st largest plot.
According to HM Land Registry, 5, Armstrong Street, Gateshead was last sold on 30 Nov 2018 for £146,000 and was recorded as a freehold house.
The property has had 5 sales since 1995.
Since Nov 2018, the market for similar properties has risen 19.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Armstrong Street, Gateshead within a radius of 380 metres over the last 2 years.
The most recent example is 18, Macadam Street, Gateshead, NE8 4TS, a Freehold house which sold for £180,000 in Jun 2024.
Read more about house prices in NE8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Armstrong Street, Gateshead, NE8 has a total of 22 addresses. According to our analysis of all the public data, 5, Armstrong Street, Gateshead is the 13th largest and the 13th most expensive property on the street.
When compared to the postcode district it is £53k more expensive than the average property in NE8.
5, Armstrong Street, Gateshead has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 08 Feb 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 5, Armstrong Street, Gateshead is Dunston station which is 1.7 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 5, Armstrong Street, Gateshead, 42.0% of property is privately owned with a mortgage and 21.0% 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 5, Armstrong Street, Gateshead, 19.9% of residents are recorded as possessing school level qualifications and 40.8% 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 5, Armstrong Street, Gateshead, the average age was 35.8 and the most common age was 32.
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 5, Armstrong 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 5, Armstrong Street, 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.