According to the public record, 56, Fisherwell Road, Gateshead is a mid-century freehold house with 882 ft2 of internal area and sits on a 139 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Fisherwell Road, Gateshead, NE10 is located in the borough of Gateshead within the NE10 postal district.
56, Fisherwell Road, Gateshead has a single entry in the Land Registry database from February 2016 and a single entry in the EPC database dated August 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 56 Fisherwell Road Gateshead as £123,038 and the rental value as £799 per month giving an expected gross yield of 7.8%.
Over the last 12 months the sale value of 56 Fisherwell Road Gateshead has increased by £4,325 (3.5%) and its rental value has increased by £81 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 56, Fisherwell Road, Gateshead is in very good condition we estimate a sale value of £129,190 and rental value of £839 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £114,425 and a rental value of £743 per month.
If you were able to purchase this property for the estimated value of £123,038, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £605 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, 56, Fisherwell Road, Gateshead sits on a plot of 139m2.
We have plot size data on 24 out of 62 other houses in the postcode and 56, Fisherwell Road, Gateshead sits on the 20th largest plot.
According to HM Land Registry, 56, Fisherwell Road, Gateshead was last sold on 26 Feb 2016 for £71,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Feb 2016, the market for similar properties has risen 30.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 56, Fisherwell Road, Gateshead within a radius of 720 metres over the last 2 years.
The most recent example is 11, Croxdale Gardens, Gateshead, NE10 0RP, a Freehold house which sold for £110,000 in Feb 2023.
Read more about house prices in NE10.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Fisherwell Road, Gateshead, NE10 has a total of 62 addresses. According to our analysis of all the public data, 56, Fisherwell Road, Gateshead is the 40th largest and the 40th most expensive property on the street.
When compared to the postcode district it is £33k less expensive than the average property in NE10.
56, Fisherwell Road, Gateshead has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 Aug 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 56, Fisherwell Road, Gateshead is Heworth station which is 900 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 56, Fisherwell Road, Gateshead, 31.9% of property is socially rented and 28.6% 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 56, Fisherwell Road, Gateshead, 15.4% of residents are recorded as possessing school level qualifications and 22.0% 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 56, Fisherwell Road, 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 56, Fisherwell Road, Gateshead, 0.8% 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 56, Fisherwell 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.