According to the public record, 6, Laburnum Avenue, Gateshead is a mid-century leasehold house with 1,184 ft2 of internal area and sits on a 365 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Laburnum Avenue, Gateshead, NE10 is located in the borough of Gateshead within the NE10 postal district.
6, Laburnum Avenue, Gateshead has a single entry in the Land Registry database from October 2014 and a single entry in the EPC database dated January 2024.
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 6 Laburnum Avenue Gateshead as £229,049 and the rental value as £1,068 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of 6 Laburnum Avenue Gateshead has increased by £2,931 (1.3%) and its rental value has increased by £86 per month (8.1%).
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 6, Laburnum Avenue, Gateshead is in very good condition we estimate a sale value of £240,502 and rental value of £1,121 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £213,016 and a rental value of £993 per month.
If you were able to purchase this property for the estimated value of £229,049, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,126 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, 6, Laburnum Avenue, Gateshead sits on a plot of 365m2.
We have plot size data on 17 out of 25 other houses in the postcode and 6, Laburnum Avenue, Gateshead sits on the 11th largest plot.
According to HM Land Registry, 6, Laburnum Avenue, Gateshead was last sold on 31 Oct 2014 for £189,000 and was recorded as a leasehold house.
The property has only had this single sale since 1995.
Since Oct 2014, the market for similar properties has risen 26.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 6, Laburnum Avenue, Gateshead within a radius of 620 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.
Laburnum Avenue, Gateshead, NE10 has a total of 25 addresses. According to our analysis of all the public data, 6, Laburnum Avenue, Gateshead is the 7th largest and the 19th most expensive property on the street.
When compared to the postcode district it is £73k more expensive than the average property in NE10.
6, Laburnum Avenue, Gateshead has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 Jan 2024.
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 6, Laburnum Avenue, Gateshead is Heworth station which is 700 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 6, Laburnum Avenue, Gateshead, 47.4% of property is privately owned outright and 36.8% 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 6, Laburnum Avenue, Gateshead, 12.1% of residents are recorded as possessing school level qualifications and 33.5% 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 6, Laburnum Avenue, 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 6, Laburnum Avenue, Gateshead, 0.0% 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 6, Laburnum Avenue, Gateshead, there are an average of 1.3 cars per household.
See below for how this compares to North East and the rest of England & Wales.