According to the public record, 726, Durham Road, Gateshead is a leasehold house.
By comparing it to neighbours, we estimate that it is a period house with 1,532 ft2 of internal area and sits on a 358 m2 plot and a garden.
Houses of this size in this area normally have 4 bedrooms.
Durham Road, Gateshead, NE9 is located in the borough of Gateshead within the NE9 postal district.
726, Durham Road, Gateshead has 21 entries in the Land Registry database, most recently in October 2012 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 726 Durham Road Gateshead as £354,017 and the rental value as £1,506 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of 726 Durham Road Gateshead has increased by £4,099 (1.2%) and its rental value has increased by £123 per month (8.2%).
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 726, Durham Road, Gateshead is in very good condition we estimate a sale value of £371,718 and rental value of £1,581 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £329,236 and a rental value of £1,400 per month.
If you were able to purchase this property for the estimated value of £354,017, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,740 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, 726, Durham Road, Gateshead sits on a plot of 358m2.
We have plot size data on 15 out of 15 other houses in the postcode and 726, Durham Road, Gateshead sits on the 12th largest plot.
According to HM Land Registry, 726, Durham Road, Gateshead was last sold on 26 Oct 2012 for £280,000 and was recorded as a leasehold house.
The property has had 2 sales since 1995.
Since Oct 2012, the market for similar properties has risen 31.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 726, Durham Road, Gateshead within a radius of 520 metres over the last 2 years.
The most recent example is 10, Ivy Lane, Gateshead, NE9 6QD, a Freehold house which sold for £340,000 in Mar 2023.
Read more about house prices in NE9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Durham Road, Gateshead, NE9 has a total of 351 addresses. According to our analysis of all the public data, 726, Durham Road, Gateshead is the 84th largest and the 78th most expensive property on the street.
When compared to the postcode district it is £197k more expensive than the average property in NE9.
The closest station to 726, Durham Road, Gateshead is Heworth station which is 3.7 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 726, Durham Road, Gateshead, 42.9% of property is privately owned outright and 39.3% 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 726, Durham Road, Gateshead, 15.0% of residents are recorded as possessing school level qualifications and 26.9% 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 726, Durham Road, 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 726, 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 726, Durham Road, 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.