According to the public record, 7, Blackburn Green, Gateshead is a mid-century freehold house with 592 ft2 of internal area and sits on a 191 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Blackburn Green, Gateshead, NE10 is located in the borough of Gateshead within the NE10 postal district.
7, Blackburn Green, Gateshead has a single entry in the Land Registry database from March 2022 and a single entry in the EPC database dated March 2022.
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 7 Blackburn Green Gateshead as £109,677 and the rental value as £747 per month giving an expected gross yield of 8.2%.
Over the last 12 months the sale value of 7 Blackburn Green Gateshead has increased by £4,606 (4.2%) and its rental value has increased by £85 per month (11.4%).
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 7, Blackburn Green, Gateshead is in very good condition we estimate a sale value of £115,161 and rental value of £784 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £102,000 and a rental value of £695 per month.
If you were able to purchase this property for the estimated value of £109,677, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £539 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, 7, Blackburn Green, Gateshead sits on a plot of 191m2.
We have plot size data on 23 out of 30 other houses in the postcode and 7, Blackburn Green, Gateshead sits on the 16th largest plot.
According to HM Land Registry, 7, Blackburn Green, Gateshead was last sold on 31 Mar 2022 for £115,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Mar 2022, the market for similar properties has risen 6.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Blackburn Green, Gateshead within a radius of 470 metres over the last 2 years.
The most recent example is 108, Chilside Road, Gateshead, NE10 9EA, a Freehold house which sold for £110,000 in Dec 2022.
Read more about house prices in NE10.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Blackburn Green, Gateshead, NE10 has a total of 30 addresses. According to our analysis of all the public data, 7, Blackburn Green, Gateshead is the 30th largest and the 30th most expensive property on the street.
When compared to the postcode district it is £47k less expensive than the average property in NE10.
7, Blackburn Green, Gateshead has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 22 Mar 2022.
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 7, Blackburn Green, Gateshead is Heworth station which is 1.3 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 7, Blackburn Green, Gateshead, 60.7% of property is socially rented and 15.0% 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 7, Blackburn Green, Gateshead, 13.7% of residents are recorded as possessing school level qualifications and 16.5% 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 7, Blackburn Green, 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 7, Blackburn Green, 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 7, Blackburn Green, 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.