According to the public record, 57, Spoor Street, Gateshead is a period leasehold apartment with 656 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Spoor Street, Gateshead, NE11 is located in the borough of Gateshead within the NE11 postal district.
57, Spoor Street, Gateshead has 41 entries in the Land Registry database, most recently in February 2022 and a single entry in the EPC database dated November 2018.
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.
1Sales dated prior to 2007 are shown, but are not used in our calculations.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 57 Spoor Street Gateshead as £81,516 and the rental value as £632 per month giving an expected gross yield of 9.3%.
Over the last 12 months the sale value of 57 Spoor Street Gateshead has increased by £2,221 (2.7%) and its rental value has increased by £62 per month (9.9%).
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 57, Spoor Street, Gateshead is in very good condition we estimate a sale value of £85,592 and rental value of £664 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £75,810 and a rental value of £588 per month.
If you were able to purchase this property for the estimated value of £81,516, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £401 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, 57, Spoor Street, Gateshead was last sold on 04 Feb 2022 for £77,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Feb 2022, the market for similar properties has risen 9.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 57, Spoor Street, Gateshead within a radius of 490 metres over the last 2 years.
The most recent example is 67, Clephan Street, Gateshead, NE11 9BB, a Leasehold flat which sold for £82,500 in Aug 2022.
Read more about house prices in NE11.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Spoor Street, Gateshead, NE11 has a total of 71 addresses. According to our analysis of all the public data, 57, Spoor Street, Gateshead is the 70th largest and the 70th most expensive property on the street.
When compared to the postcode district it is £51k less expensive than the average property in NE11.
57, Spoor Street, Gateshead has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 16 Nov 2018.
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 57, Spoor Street, Gateshead is Dunston station which is 300 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 57, Spoor Street, Gateshead, 32.1% of property is privately owned outright and 26.1% is socially 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 57, Spoor Street, Gateshead, 16.1% of residents are recorded as possessing school level qualifications and 16.9% 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 57, Spoor Street, Gateshead, the average age was 43.4 and the most common age was 52.
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 57, Spoor Street, 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 57, Spoor Street, 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.