According to the public record, 51, Sanderson Villas, Gateshead is a modern leasehold apartment with 602 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Sanderson Villas, Gateshead, NE8 is located in the borough of Gateshead within the NE8 postal district.
51, Sanderson Villas, Gateshead has 2 entries in the Land Registry database, most recently in December 2021 and a single entry in the EPC database dated August 2017.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
•Public data including the Land Registry and EPC Register is processed and republished under the Government Open Data Licence.
•All values are estimates based on available data. All data and other content are provided subject to our Terms & Conditions.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 51 Sanderson Villas Gateshead as £97,747 and the rental value as £707 per month giving an expected gross yield of 8.7%.
Over the last 12 months the sale value of 51 Sanderson Villas Gateshead has increased by £3,085 (3.2%) and its rental value has increased by £69 per month (9.8%).
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 51, Sanderson Villas, Gateshead is in very good condition we estimate a sale value of £102,635 and rental value of £743 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £90,905 and a rental value of £658 per month.
If you were able to purchase this property for the estimated value of £97,747, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £480 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, 51, Sanderson Villas, Gateshead was last sold on 17 Dec 2021 for £87,500 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Dec 2021, the market for similar properties has risen 7.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 51, Sanderson Villas, Gateshead within a radius of 490 metres over the last 2 years.
The most recent example is 20, Sanderson Villas, Gateshead, NE8 3DD, a Leasehold flat which sold for £89,950 in Nov 2023.
Read more about house prices in NE8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Sanderson Villas, Gateshead, NE8 has a total of 234 addresses. According to our analysis of all the public data, 51, Sanderson Villas, Gateshead is the 112th largest and the 123rd most expensive property on the street.
When compared to the postcode district it is £35k less expensive than the average property in NE8.
51, Sanderson Villas, Gateshead has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 03 Aug 2017.
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 51, Sanderson Villas, Gateshead is Manors station which is 2.0 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 51, Sanderson Villas, Gateshead, 48.3% of property is privately owned with a mortgage and 43.2% 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 51, Sanderson Villas, Gateshead, 15.1% of residents are recorded as possessing school level qualifications and 70.3% 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 51, Sanderson Villas, Gateshead, the average age was 35.8 and the most common age was 27.
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 51, Sanderson Villas, Gateshead, 0.4% 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 51, Sanderson Villas, 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.