According to the public record, 5, Swards Road, Gateshead is a early-century freehold house with 678 ft2 of internal area and sits on a 198 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Swards Road, Gateshead, NE10 is located in the borough of Gateshead within the NE10 postal district.
5, Swards Road, Gateshead has a single entry in the Land Registry database from February 2021 and a single entry in the EPC database dated May 2015.
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 Swards Road Gateshead as £117,269 and the rental value as £805 per month giving an expected gross yield of 8.2%.
Over the last 12 months the sale value of 5 Swards Road Gateshead has increased by £3,754 (3.2%) and its rental value has increased by £84 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, Swards Road, Gateshead is in very good condition we estimate a sale value of £123,133 and rental value of £845 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £109,060 and a rental value of £748 per month.
If you were able to purchase this property for the estimated value of £117,269, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £576 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, Swards Road, Gateshead sits on a plot of 198m2.
We have plot size data on 12 out of 29 other houses in the postcode and 5, Swards Road, Gateshead sits on the 8th largest plot.
According to HM Land Registry, 5, Swards Road, Gateshead was last sold on 05 Feb 2021 for £121,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Feb 2021, the market for similar properties has risen 12.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Swards Road, Gateshead within a radius of 580 metres over the last 2 years.
The most recent example is 24, Swards Road, Gateshead, NE10 9UR, a Freehold house which sold for £87,000 in Jan 2024.
Read more about house prices in NE10.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Swards Road, Gateshead, NE10 has a total of 48 addresses. According to our analysis of all the public data, 5, Swards Road, Gateshead is the 25th largest and the 25th most expensive property on the street.
When compared to the postcode district it is £39k less expensive than the average property in NE10.
5, Swards Road, Gateshead has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 13 May 2015.
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, Swards Road, 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 5, Swards Road, Gateshead, 37.6% of property is socially rented and 29.9% 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, Swards Road, Gateshead, 8.3% of residents are recorded as possessing school level qualifications and 17.2% 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, Swards Road, 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, Swards Road, 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, Swards Road, Gateshead, there are an average of 0.8 cars per household.
See below for how this compares to North East and the rest of England & Wales.