According to the public record, 5 July Courtyard, Sunny Side South, Gateshead is a modern leasehold house with 667 ft2 of internal area.
Houses of this size in this area normally have 2 bedrooms with a garden.
Sunny Side South, Gateshead, NE8 is located in the borough of Gateshead within the NE8 postal district.
5 July Courtyard, Sunny Side South, Gateshead has 3 entries in the Land Registry database, most recently in December 2021 and a single entry in the EPC database dated May 2021.
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 July Courtyard Sunny Side South Gateshead as £158,206 and the rental value as £902 per month giving an expected gross yield of 6.8%.
Over the last 12 months the sale value of 5 July Courtyard Sunny Side South Gateshead has increased by £6,053 (3.8%) and its rental value has increased by £96 per month (10.6%).
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 July Courtyard, Sunny Side South, Gateshead is in very good condition we estimate a sale value of £166,116 and rental value of £948 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £147,132 and a rental value of £839 per month.
If you were able to purchase this property for the estimated value of £158,206, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £778 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 July Courtyard, Sunny Side South, Gateshead was last sold on 17 Dec 2021 for £150,000 and was recorded as a leasehold house.
The property has had 3 sales since 1995.
Since Dec 2021, the market for similar properties has risen 9.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5 July Courtyard, Sunny Side South, Gateshead within a radius of 610 metres over the last 2 years.
The most recent example is 5 October Courtyard, Fall Pass, Gateshead, NE8 2BQ, a Leasehold house which sold for £156,000 in Jul 2023.
Read more about house prices in NE8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Sunny Side South, Gateshead, NE8 has a total of 5 addresses. According to our analysis of all the public data, 5 July Courtyard, Sunny Side South, Gateshead is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £25k more expensive than the average property in NE8.
5 July Courtyard, Sunny Side South, Gateshead has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 26 May 2021.
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 July Courtyard, Sunny Side South, Gateshead is Dunston station which is 1.0 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 5 July Courtyard, Sunny Side South, Gateshead, 44.9% of property is privately rented and 35.3% 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 July Courtyard, Sunny Side South, Gateshead, 12.6% of residents are recorded as possessing school level qualifications and 67.0% 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 July Courtyard, Sunny Side South, Gateshead, the average age was 38.5 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 July Courtyard, Sunny Side South, Gateshead, 0.3% 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 July Courtyard, Sunny Side South, 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.