According to the public record, 64, King Street, Gateshead is a mid-century freehold house with 839 ft2 of internal area and sits on a 156 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
King Street, Pelaw, Gateshead, NE10 is located in the borough of Gateshead within the NE10 postal district.
64, King Street, Gateshead has 2 entries in the Land Registry database, most recently in June 2021 and a single entry in the EPC database dated September 2020.
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 64 King Street Gateshead as £127,257 and the rental value as £836 per month giving an expected gross yield of 7.9%.
Over the last 12 months the sale value of 64 King Street Gateshead has increased by £4,473 (3.5%) and its rental value has increased by £85 per month (10.2%).
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 64, King Street, Gateshead is in very good condition we estimate a sale value of £133,620 and rental value of £878 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £118,349 and a rental value of £777 per month.
If you were able to purchase this property for the estimated value of £127,257, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £625 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, 64, King Street, Gateshead sits on a plot of 156m2.
We have plot size data on 13 out of 41 other houses in the postcode and 64, King Street, Gateshead sits on the 8th largest plot.
According to HM Land Registry, 64, King Street, Gateshead was last sold on 15 Jun 2021 for £130,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jun 2021, the market for similar properties has risen 11.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 64, King Street, Gateshead within a radius of 730 metres over the last 2 years.
The most recent example is 55, Fisherwell Road, Gateshead, NE10 0RB, a Freehold house which sold for £115,000 in Jul 2022.
Read more about house prices in NE10.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
King Street, Pelaw, Gateshead, NE10 has a total of 73 addresses. According to our analysis of all the public data, 64, King Street, Gateshead is the 42nd largest and the 40th most expensive property on the street.
When compared to the postcode district it is £29k less expensive than the average property in NE10.
64, King Street, Gateshead has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Sep 2020.
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 64, King Street, Gateshead is Heworth station which is 900 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 64, King Street, Gateshead, 32.6% of property is privately rented and 24.8% 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 64, King Street, Gateshead, 20.7% of residents are recorded as possessing school level qualifications and 26.8% 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 64, King Street, Gateshead, the average age was 39.7 and the most common age was 27.
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 64, King Street, 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 64, King Street, 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.