According to the public record, 5, Oval Park View, Gateshead is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 961 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Oval Park View, Gateshead, NE10 is located in the borough of Gateshead within the NE10 postal district.
5, Oval Park View, Gateshead has 21 entries in the Land Registry database, most recently in July 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 5 Oval Park View Gateshead as £185,083 and the rental value as £1,027 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of 5 Oval Park View Gateshead has increased by £5,925 (3.2%) and its rental value has increased by £107 per month (10.4%).
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, Oval Park View, Gateshead is in very good condition we estimate a sale value of £194,337 and rental value of £1,078 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £172,127 and a rental value of £955 per month.
If you were able to purchase this property for the estimated value of £185,083, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £910 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, 5, Oval Park View, Gateshead was last sold on 20 Jul 2007 for £177,700 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jul 2007, the market for similar properties has risen 14.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Oval Park View, Gateshead within a radius of 540 metres over the last 2 years.
The most recent example is 19, Oval Park View, Gateshead, NE10 9DS, a Freehold house which sold for £190,000 in Jul 2022.
Read more about house prices in NE10.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Oval Park View, Gateshead, NE10 has a total of 40 addresses. According to our analysis of all the public data, 5, Oval Park View, Gateshead is the 9th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £29k more expensive than the average property in NE10.
The closest station to 5, Oval Park View, Gateshead is Heworth station which is 1.0 kilometres 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 5, Oval Park View, Gateshead, 50.7% of property is privately owned outright and 24.3% 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, Oval Park View, Gateshead, 13.5% of residents are recorded as possessing school level qualifications and 20.6% 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 5, Oval Park View, Gateshead, the average age was 43.7 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 5, Oval Park View, Gateshead, 2.1% 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, Oval Park View, Gateshead, there are an average of 1.1 cars per household.
See below for how this compares to North East and the rest of England & Wales.