According to the public record, 5, Coleridge Avenue, Gateshead is a early-century freehold house with 1,022 ft2 of internal area and sits on a 192 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Coleridge Avenue, Gateshead, NE9 is located in the borough of Gateshead within the NE9 postal district.
5, Coleridge Avenue, Gateshead has 31 entries in the Land Registry database, most recently in April 2019 and a single entry in the EPC database dated February 2019.
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 Coleridge Avenue Gateshead as £246,885 and the rental value as £1,124 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 5 Coleridge Avenue Gateshead has increased by £2,837 (1.1%) and its rental value has increased by £90 per month (8.0%).
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, Coleridge Avenue, Gateshead is in very good condition we estimate a sale value of £259,230 and rental value of £1,180 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £229,603 and a rental value of £1,045 per month.
If you were able to purchase this property for the estimated value of £246,885, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,213 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, Coleridge Avenue, Gateshead sits on a plot of 192m2.
We have plot size data on 19 out of 35 other houses in the postcode and 5, Coleridge Avenue, Gateshead sits on the 8th largest plot.
According to HM Land Registry, 5, Coleridge Avenue, Gateshead was last sold on 15 Apr 2019 for £200,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Apr 2019, the market for similar properties has risen 17.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Coleridge Avenue, Gateshead within a radius of 560 metres over the last 2 years.
The most recent example is 7, Coleridge Avenue, Gateshead, NE9 6EN, a Freehold house which sold for £249,995 in Mar 2024.
Read more about house prices in NE9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Coleridge Avenue, Gateshead, NE9 has a total of 62 addresses. According to our analysis of all the public data, 5, Coleridge Avenue, Gateshead is the 36th largest and the 28th most expensive property on the street.
When compared to the postcode district it is £90k more expensive than the average property in NE9.
5, Coleridge Avenue, Gateshead has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 15 Feb 2019.
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 5, Coleridge Avenue, Gateshead is Dunston station which is 2.9 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 5, Coleridge Avenue, Gateshead, 50.0% of property is privately owned outright and 43.0% 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 5, Coleridge Avenue, Gateshead, 13.0% of residents are recorded as possessing school level qualifications and 45.9% 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 5, Coleridge Avenue, Gateshead, the average age was 46 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 5, Coleridge Avenue, Gateshead, 0.7% 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, Coleridge Avenue, Gateshead, there are an average of 1.4 cars per household.
See below for how this compares to North East and the rest of England & Wales.