According to the public record, 7, Oban Terrace, Gateshead is a period apartment with 1,173 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a garden.
Oban Terrace, Gateshead, NE10 is located in the borough of Gateshead within the NE10 postal district.
7, Oban Terrace, Gateshead has no recent1 records in the Land Registry database and a single entry in the EPC database dated November 2014.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
•Public data including the Land Registry and EPC Register is processed and republished under the Government Open Data Licence.
•All values are estimates based on available data. All data and other content are provided subject to our Terms & Conditions.
1Sales dated prior to 2007 are shown, but are not used in our calculations.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 7 Oban Terrace Gateshead as £107,422 and the rental value as £787 per month giving an expected gross yield of 8.8%.
Over the last 12 months the sale value of 7 Oban Terrace Gateshead has increased by £3,368 (3.1%) and its rental value has increased by £79 per month (10.1%).
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, Oban Terrace, Gateshead is in very good condition we estimate a sale value of £112,793 and rental value of £827 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £99,902 and a rental value of £732 per month.
If you were able to purchase this property for the estimated value of £107,422, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £528 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, 7, Oban Terrace, Gateshead was last sold on 27 Sep 2004 for £73,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 7, Oban Terrace, Gateshead within a radius of 540 metres over the last 2 years.
The most recent example is 360, Sunderland Road, Gateshead, NE8 3QP, a Leasehold flat which sold for £65,000 in Jul 2018.
Read more about house prices in NE10.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Oban Terrace, Gateshead, NE10 has a total of 16 addresses. According to our analysis of all the public data, 7, Oban Terrace, Gateshead is the 6th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £49k less expensive than the average property in NE10.
7, Oban Terrace, Gateshead has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 12 Nov 2014.
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, Oban Terrace, Gateshead is Heworth station which is 1.5 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 7, Oban Terrace, Gateshead, 38.2% of property is socially rented and 31.6% 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, Oban Terrace, Gateshead, 18.4% of residents are recorded as possessing school level qualifications and 17.9% 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, Oban Terrace, Gateshead, the average age was 35.8 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 7, Oban Terrace, Gateshead, 1.0% 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, Oban Terrace, Gateshead, there are an average of 0.6 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.