According to the public record, 61, Beacon Lough Road, Gateshead is a mid-century house with 884 ft2 of internal area and sits on a 196 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Beacon Lough Road, Gateshead, NE9 is located in the borough of Gateshead within the NE9 postal district.
61, Beacon Lough Road, Gateshead has no records in the Land Registry database and a single entry in the EPC database dated December 2010.
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 61 Beacon Lough Road Gateshead as £142,144 and the rental value as £915 per month giving an expected gross yield of 7.7%.
Over the last 12 months the sale value of 61 Beacon Lough Road Gateshead has increased by £3,894 (2.7%) and its rental value has increased by £91 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 61, Beacon Lough Road, Gateshead is in very good condition we estimate a sale value of £149,251 and rental value of £961 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £132,194 and a rental value of £851 per month.
If you were able to purchase this property for the estimated value of £142,144, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £699 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, 61, Beacon Lough Road, Gateshead sits on a plot of 196m2.
We have plot size data on 11 out of 33 other houses in the postcode and 61, Beacon Lough Road, Gateshead sits on the 9th largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 61, Beacon Lough Road, Gateshead within a radius of 500 metres over the last 2 years.
The most recent example is 2, Grisedale Gardens, Gateshead, NE9 6NN, a Freehold house which sold for £140,000 in Apr 2023.
Read more about house prices in NE9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Beacon Lough Road, Gateshead, NE9 has a total of 100 addresses. According to our analysis of all the public data, 61, Beacon Lough Road, Gateshead is the 25th largest and the 46th most expensive property on the street.
When compared to the postcode district it is £14k less expensive than the average property in NE9.
61, Beacon Lough Road, Gateshead has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 10 Dec 2010.
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 61, Beacon Lough Road, Gateshead is Heworth station which is 3.2 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 61, Beacon Lough Road, Gateshead, 51.0% of property is socially rented and 21.6% 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 61, Beacon Lough Road, Gateshead, 22.4% of residents are recorded as possessing school level qualifications and 19.4% 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 61, Beacon Lough Road, Gateshead, the average age was 43.7 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 61, Beacon Lough Road, 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 61, Beacon Lough Road, 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.