According to the public record, 55, Grange Road, Gateshead is a mid-century house with 1,108 ft2 of internal area and sits on a 498 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Grange Road, Gateshead, NE10 is located in the borough of Gateshead within the NE10 postal district.
55, Grange Road, Gateshead has no records in the Land Registry database and a single entry in the EPC database dated December 2021.
We combine this information with public data 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 55 Grange Road Gateshead as £230,534 and the rental value as £1,120 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 55 Grange Road Gateshead has increased by £7,403 (3.2%) and its rental value has increased by £112 per month (10.0%).
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 55, Grange Road, Gateshead is in very good condition we estimate a sale value of £242,061 and rental value of £1,176 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £214,397 and a rental value of £1,042 per month.
If you were able to purchase this property for the estimated value of £230,534, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,133 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, 55, Grange Road, Gateshead sits on a plot of 498m2.
We have plot size data on 12 out of 20 other houses in the postcode and 55, Grange Road, Gateshead sits on the 2nd largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 55, Grange Road, Gateshead within a radius of 590 metres over the last 2 years.
The most recent example is 14, Laburnum Avenue, Gateshead, NE10 8HH, a Freehold house which sold for £225,000 in Feb 2023.
Read more about house prices in NE10.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Grange Road, Gateshead, NE10 has a total of 38 addresses. According to our analysis of all the public data, 55, Grange Road, Gateshead is the 15th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £74k more expensive than the average property in NE10.
55, Grange Road, Gateshead has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 22 Dec 2021.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to 55, Grange Road, Gateshead is Heworth station which is 800 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 55, Grange Road, Gateshead, 41.8% of property is privately owned outright and 32.7% 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 55, Grange Road, Gateshead, 19.6% of residents are recorded as possessing school level qualifications and 23.2% 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 55, Grange Road, Gateshead, the average age was 41.4 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 55, Grange Road, Gateshead, 1.2% 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 55, Grange Road, 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.