According to the public record, 6, The Paddock, Gateshead is a mid-century freehold house with 1,130 ft2 of internal area and sits on a 159 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
The Paddock, Gateshead, NE10 is located in the borough of Gateshead within the NE10 postal district.
6, The Paddock, Gateshead has 41 entries in the Land Registry database, most recently in February 2024 and a single entry in the EPC database dated July 2014.
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 The Paddock Gateshead as £128,865 and the rental value as £793 per month giving an expected gross yield of 7.4%.
Over the last 12 months the sale value of 6 The Paddock Gateshead has increased by £2,937 (2.3%) and its rental value has increased by £75 per month (9.4%).
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, The Paddock, Gateshead is in very good condition we estimate a sale value of £135,308 and rental value of £832 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £119,844 and a rental value of £737 per month.
If you were able to purchase this property for the estimated value of £128,865, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £633 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, The Paddock, Gateshead sits on a plot of 159m2.
We have plot size data on 14 out of 38 other houses in the postcode and 6, The Paddock, Gateshead sits on the 9th largest plot.
According to HM Land Registry, 6, The Paddock, Gateshead was last sold on 27 Feb 2024 for £115,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since Feb 2024, the market for similar properties has risen 4.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 6, The Paddock, Gateshead within a radius of 500 metres over the last 2 years.
The most recent example is 12, Hartburn, Gateshead, NE10 8JE, a Leasehold house which sold for £147,000 in Aug 2023.
Read more about house prices in NE10.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Paddock, Gateshead, NE10 has a total of 38 addresses. According to our analysis of all the public data, 6, The Paddock, Gateshead is the largest and the most expensive property on the street.
When compared to the postcode district it is £28k less expensive than the average property in NE10.
6, The Paddock, Gateshead has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 Jul 2014.
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, The Paddock, Gateshead is Heworth station which is 1.4 kilometres 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, The Paddock, Gateshead, 64.6% of property is socially rented and 12.4% 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 6, The Paddock, Gateshead, 23.8% of residents are recorded as possessing school level qualifications and 15.9% 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 6, The Paddock, 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, The Paddock, 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, The Paddock, Gateshead, there are an average of 0.7 cars per household.
See below for how this compares to North East and the rest of England & Wales.