According to the public record, 63, Windy Nook Road, Gateshead is a mid-century leasehold apartment with 548 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Windy Nook Road, Gateshead, NE9 is located in the borough of Gateshead within the NE9 postal district.
63, Windy Nook Road, Gateshead has a single entry in the Land Registry database from December 2014 and a single entry in the EPC database dated August 2012.
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 63 Windy Nook Road Gateshead as £69,416 and the rental value as £556 per month giving an expected gross yield of 9.6%.
Over the last 12 months the sale value of 63 Windy Nook Road Gateshead has increased by £1,727 (2.5%) and its rental value has increased by £54 per month (9.7%).
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 63, Windy Nook Road, Gateshead is in very good condition we estimate a sale value of £72,887 and rental value of £584 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £64,557 and a rental value of £517 per month.
If you were able to purchase this property for the estimated value of £69,416, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £341 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, 63, Windy Nook Road, Gateshead was last sold on 22 Dec 2014 for £63,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Dec 2014, the market for similar properties has risen 13.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 63, Windy Nook Road, Gateshead within a radius of 530 metres over the last 2 years.
The most recent example is 19, Hewson Place, Gateshead, NE9 6QS, a Leasehold flat which sold for £64,000 in Feb 2022.
Read more about house prices in NE9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Windy Nook Road, Gateshead, NE9 has a total of 49 addresses. According to our analysis of all the public data, 63, Windy Nook Road, Gateshead is the 49th largest and the 49th most expensive property on the street.
When compared to the postcode district it is £87k less expensive than the average property in NE9.
63, Windy Nook Road, Gateshead has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 Aug 2012.
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 63, Windy Nook Road, Gateshead is Heworth station which is 2.2 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 63, Windy Nook Road, Gateshead, 31.9% of property is socially rented and 31.1% 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 63, Windy Nook Road, Gateshead, 11.1% of residents are recorded as possessing school level qualifications and 26.1% 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 63, Windy Nook Road, Gateshead, the average age was 43.8 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 63, Windy Nook 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 63, Windy Nook Road, 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.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.