According to the public record, 77, Bishops Park Road, Gateshead is a leasehold house.
By comparing it to neighbours, we estimate that it is a modern house with 975 ft2 of internal area and sits on a 995 m2 plot and a garden.
Houses of this size in this area normally have 3 bedrooms.
Bishops Park Road, Gateshead, NE8 is located in the borough of Gateshead within the NE8 postal district.
77, Bishops Park Road, Gateshead has a single entry in the Land Registry database from November 2013 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 77 Bishops Park Road Gateshead as £168,147 and the rental value as £957 per month giving an expected gross yield of 6.8%.
Over the last 12 months the sale value of 77 Bishops Park Road Gateshead has increased by £4,347 (2.6%) and its rental value has increased by £88 per month (9.2%).
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 77, Bishops Park Road, Gateshead is in very good condition we estimate a sale value of £176,555 and rental value of £1,005 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £156,377 and a rental value of £890 per month.
If you were able to purchase this property for the estimated value of £168,147, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £826 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, 77, Bishops Park Road, Gateshead sits on a plot of 995m2.
We have plot size data on 54 out of 55 other houses in the postcode and 77, Bishops Park Road, Gateshead sits on the 3rd largest plot.
According to HM Land Registry, 77, Bishops Park Road, Gateshead was last sold on 28 Nov 2013 for £135,000 and was recorded as a leasehold house.
The property has only had this single sale since 1995.
Since Nov 2013, the market for similar properties has risen 28.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 77, Bishops Park Road, Gateshead within a radius of 470 metres over the last 2 years.
The most recent example is 4, Wilfrid Gardens, Gateshead, NE8 3FG, a Leasehold house which sold for £180,595 in Jun 2022.
Read more about house prices in NE8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Bishops Park Road, Gateshead, NE8 has a total of 56 addresses. According to our analysis of all the public data, 77, Bishops Park Road, Gateshead is the 33rd largest and the 33rd most expensive property on the street.
When compared to the postcode district it is £35k more expensive than the average property in NE8.
The closest station to 77, Bishops Park Road, Gateshead is Heworth station which is 1.8 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 77, Bishops Park Road, Gateshead, 48.3% of property is privately owned with a mortgage and 43.2% 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 77, Bishops Park Road, Gateshead, 15.1% of residents are recorded as possessing school level qualifications and 70.3% 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 77, Bishops Park Road, 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 77, Bishops Park Road, Gateshead, 0.4% 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 77, Bishops Park Road, Gateshead, there are an average of 1.0 cars per household.
See below for how this compares to North East and the rest of England & Wales.