According to the public record, 70, Durham Road, Gateshead is a period house with 1,593 ft2 of internal area and sits on a 161 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Durham Road, Gateshead, NE8 is located in the borough of Gateshead within the NE8 postal district.
70, Durham Road, Gateshead has no recent1 records in the Land Registry database and a single entry in the EPC database dated October 2016.
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 70 Durham Road Gateshead as £187,140 and the rental value as £1,091 per month giving an expected gross yield of 7%.
Over the last 12 months the sale value of 70 Durham Road Gateshead has increased by £3,817 (2.0%) and its rental value has increased by £95 per month (8.7%).
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 70, Durham Road, Gateshead is in very good condition we estimate a sale value of £196,497 and rental value of £1,146 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £174,040 and a rental value of £1,015 per month.
If you were able to purchase this property for the estimated value of £187,140, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £920 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, 70, Durham Road, Gateshead sits on a plot of 161m2.
We have plot size data on 13 out of 25 other houses in the postcode and 70, Durham Road, Gateshead sits on the 6th largest plot.
According to HM Land Registry, 70, Durham Road, Gateshead was last sold on 31 Oct 1997 for £36,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 70, Durham Road, Gateshead within a radius of 470 metres over the last 2 years.
The most recent example is 31, Granville Street, Gateshead, NE8 4EH, a Freehold house which sold for £120,000 in Jun 2024.
Read more about house prices in NE8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Durham Road, Gateshead, NE8 has a total of 136 addresses. According to our analysis of all the public data, 70, Durham Road, Gateshead is the 35th largest and the 47th most expensive property on the street.
When compared to the postcode district it is £54k more expensive than the average property in NE8.
70, Durham Road, Gateshead has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 Oct 2016.
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 70, Durham Road, Gateshead is Newcastle station which is 2.0 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 70, Durham Road, Gateshead, 29.2% of property is privately owned with a mortgage and 28.3% 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 70, Durham Road, Gateshead, 37.3% of residents are recorded as possessing school level qualifications and 28.6% 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 70, Durham Road, Gateshead, the average age was 35.8 and the most common age was 32.
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 70, Durham Road, 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 70, Durham Road, Gateshead, there are an average of 0.9 cars per household.
See below for how this compares to North East and the rest of England & Wales.