According to the public record, 52, Gosforth Terrace, Gateshead is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 973 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Gosforth Terrace, Gateshead, NE10 is located in the borough of Gateshead within the NE10 postal district.
52, Gosforth Terrace, Gateshead has a single entry in the Land Registry database from April 2008 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 52 Gosforth Terrace Gateshead as £143,689 and the rental value as £909 per month giving an expected gross yield of 7.6%.
Over the last 12 months the sale value of 52 Gosforth Terrace Gateshead has increased by £5,051 (3.5%) and its rental value has increased by £93 per month (10.2%).
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 52, Gosforth Terrace, Gateshead is in very good condition we estimate a sale value of £150,874 and rental value of £955 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £133,631 and a rental value of £846 per month.
If you were able to purchase this property for the estimated value of £143,689, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £706 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, 52, Gosforth Terrace, Gateshead was last sold on 04 Apr 2008 for £135,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Apr 2008, the market for similar properties has risen 23.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 52, Gosforth Terrace, Gateshead within a radius of 760 metres over the last 2 years.
The most recent example is 19, Rothbury Avenue, Gateshead, NE10 0QY, a Freehold house which sold for £154,980 in Aug 2023.
Read more about house prices in NE10.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gosforth Terrace, Gateshead, NE10 has a total of 84 addresses. According to our analysis of all the public data, 52, Gosforth Terrace, Gateshead is the 20th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £13k less expensive than the average property in NE10.
The closest station to 52, Gosforth Terrace, Gateshead is Heworth station which is 500 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 52, Gosforth Terrace, Gateshead, 32.0% of property is privately owned with a mortgage and 28.7% is privately owned outright.
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 52, Gosforth Terrace, Gateshead, 18.7% of residents are recorded as possessing school level qualifications and 27.9% 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 52, Gosforth Terrace, Gateshead, the average age was 39.7 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 52, Gosforth Terrace, 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 52, Gosforth Terrace, 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.