According to the public record, 62, Sandy Lane, Gateshead is a modern freehold house with 1,905 ft2 of internal area and sits on a 273 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Sandy Lane, Gateshead, NE9 is located in the borough of Gateshead within the NE9 postal district.
62, Sandy Lane, Gateshead has 21 entries in the Land Registry database, most recently in December 2010 and a single entry in the EPC database dated August 2023.
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 62 Sandy Lane Gateshead as £298,194 and the rental value as £1,493 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 62 Sandy Lane Gateshead has increased by £2,986 (1.0%) and its rental value has increased by £122 per month (8.2%).
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 62, Sandy Lane, Gateshead is in very good condition we estimate a sale value of £313,104 and rental value of £1,568 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £277,321 and a rental value of £1,389 per month.
If you were able to purchase this property for the estimated value of £298,194, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,466 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, 62, Sandy Lane, Gateshead sits on a plot of 273m2.
We have plot size data on 35 out of 57 other houses in the postcode and 62, Sandy Lane, Gateshead sits on the 3rd largest plot.
According to HM Land Registry, 62, Sandy Lane, Gateshead was last sold on 23 Dec 2010 for £300,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Dec 2010, the market for similar properties has risen 31.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 62, Sandy Lane, Gateshead within a radius of 990 metres over the last 2 years.
The most recent example is Rockcliffe House, Rockcliffe Way, Gateshead, NE9 7XS, a Freehold house which sold for £360,000 in Feb 2022.
Read more about house prices in NE9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Sandy Lane, Gateshead, NE9 has a total of 62 addresses. According to our analysis of all the public data, 62, Sandy Lane, Gateshead is the largest and the most expensive property on the street.
When compared to the postcode district it is £142k more expensive than the average property in NE9.
62, Sandy Lane, Gateshead has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 Aug 2023.
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 62, Sandy Lane, Gateshead is Heworth station which is 3.8 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 62, Sandy Lane, Gateshead, 41.2% of property is privately owned outright and 35.9% 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 62, Sandy Lane, Gateshead, 11.1% of residents are recorded as possessing school level qualifications and 39.4% 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 62, Sandy Lane, Gateshead, the average age was 39.6 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 62, Sandy Lane, 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 62, Sandy Lane, 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.