According to the public record, 7, Woodbine Villas, Gateshead is a period apartment with 473 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a garden.
Woodbine Villas, Gateshead, NE8 is located in the borough of Gateshead within the NE8 postal district.
7, Woodbine Villas, Gateshead has no records in the Land Registry database and a single entry in the EPC database dated January 2019.
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 Woodbine Villas Gateshead as £87,825 and the rental value as £685 per month giving an expected gross yield of 9.4%.
Over the last 12 months the sale value of 7 Woodbine Villas Gateshead has increased by £2,817 (3.2%) and its rental value has increased by £68 per month (9.9%).
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, Woodbine Villas, Gateshead is in very good condition we estimate a sale value of £92,216 and rental value of £720 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £81,677 and a rental value of £637 per month.
If you were able to purchase this property for the estimated value of £87,825, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £432 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, Woodbine Villas, Gateshead within a radius of 440 metres over the last 2 years.
The most recent example is 1, Woodbine Villas, Gateshead, NE8 1RX, a Leasehold flat which sold for £75,000 in Nov 2011.
Read more about house prices in NE8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Woodbine Villas, Gateshead, NE8 has a total of 8 addresses. According to our analysis of all the public data, 7, Woodbine Villas, Gateshead is the 7th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £45k less expensive than the average property in NE8.
7, Woodbine Villas, Gateshead has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 08 Jan 2019.
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, Woodbine Villas, Gateshead is Newcastle station which is 1.5 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 7, Woodbine Villas, Gateshead, 53.5% of property is privately rented and 29.9% 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, Woodbine Villas, Gateshead, 10.3% of residents are recorded as possessing school level qualifications and 31.2% 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, Woodbine Villas, Gateshead, the average age was 38.1 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, Woodbine Villas, Gateshead, 0.9% 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, Woodbine Villas, Gateshead, there are an average of 0.4 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.