According to the public record, 7, Coleridge Avenue, Gateshead is a early-century freehold house with 904 ft2 of internal area and sits on a 142 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Coleridge Avenue, Gateshead, NE9 is located in the borough of Gateshead within the NE9 postal district.
7, Coleridge Avenue, Gateshead has 2 entries in the Land Registry database, most recently in March 2024 and a single entry in the EPC database dated November 2017.
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 Coleridge Avenue Gateshead as £227,179 and the rental value as £1,070 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of 7 Coleridge Avenue Gateshead has increased by £2,611 (1.1%) and its rental value has increased by £86 per month (8.0%).
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, Coleridge Avenue, Gateshead is in very good condition we estimate a sale value of £238,538 and rental value of £1,123 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £211,277 and a rental value of £995 per month.
If you were able to purchase this property for the estimated value of £227,179, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,117 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, Coleridge Avenue, Gateshead sits on a plot of 142m2.
We have plot size data on 19 out of 35 other houses in the postcode and 7, Coleridge Avenue, Gateshead sits on the 19th largest plot.
According to HM Land Registry, 7, Coleridge Avenue, Gateshead was last sold on 28 Mar 2024 for £249,995 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Mar 2024, the market for similar properties has risen 1.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Coleridge Avenue, Gateshead within a radius of 560 metres over the last 2 years.
The most recent example is 38, Otterburn Gardens, Gateshead, NE9 6HE, a Freehold house which sold for £230,000 in Oct 2023.
Read more about house prices in NE9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Coleridge Avenue, Gateshead, NE9 has a total of 62 addresses. According to our analysis of all the public data, 7, Coleridge Avenue, Gateshead is the 49th largest and the 49th most expensive property on the street.
When compared to the postcode district it is £71k more expensive than the average property in NE9.
7, Coleridge Avenue, Gateshead has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 27 Nov 2017.
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, Coleridge Avenue, Gateshead is Dunston station which is 2.9 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 7, Coleridge Avenue, Gateshead, 50.0% of property is privately owned outright and 43.0% 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 7, Coleridge Avenue, Gateshead, 13.0% of residents are recorded as possessing school level qualifications and 45.9% 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, Coleridge Avenue, Gateshead, the average age was 46 and the most common age was 52.
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, Coleridge Avenue, Gateshead, 0.7% 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, Coleridge Avenue, Gateshead, there are an average of 1.4 cars per household.
See below for how this compares to North East and the rest of England & Wales.