According to the public record, 7, Hillside Place, Gateshead is a mid-century apartment with 613 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Hillside Place, Gateshead, NE9 is located in the borough of Gateshead within the NE9 postal district.
7, Hillside Place, Gateshead has no records in the Land Registry database and a single entry in the EPC database dated October 2023.
We combine this information with public data 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 Hillside Place Gateshead as £59,393 and the rental value as £466 per month giving an expected gross yield of 9.4%.
Over the last 12 months the sale value of 7 Hillside Place Gateshead has increased by £1,497 (2.5%) and its rental value has increased by £45 per month (9.6%).
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, Hillside Place, Gateshead is in very good condition we estimate a sale value of £62,363 and rental value of £490 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £55,236 and a rental value of £434 per month.
If you were able to purchase this property for the estimated value of £59,393, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £292 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Hillside Place, Gateshead within a radius of 510 metres over the last 2 years.
The most recent example is 14, The Fells, Salkeld Road, Gateshead, NE9 5UG, a Leasehold flat which sold for £65,000 in Feb 2023.
Read more about house prices in NE9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hillside Place, Gateshead, NE9 has a total of 45 addresses. According to our analysis of all the public data, 7, Hillside Place, Gateshead is the 9th largest and the 32nd most expensive property on the street.
When compared to the postcode district it is £97k less expensive than the average property in NE9.
7, Hillside Place, Gateshead has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 13 Oct 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 7, Hillside Place, Gateshead is Heworth station which is 2.5 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, Hillside Place, Gateshead, 59.4% of property is socially rented and 15.1% is privately rented.
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, Hillside Place, Gateshead, 6.8% of residents are recorded as possessing school level qualifications and 22.5% 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, Hillside Place, 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 7, Hillside Place, 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, Hillside Place, Gateshead, there are an average of 0.5 cars per household.
See below for how this compares to North East and the rest of England & Wales.