According to the public record, 8, Beechwood Avenue, Gateshead is a mid-century freehold house with 1,054 ft2 of internal area and sits on a 236 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Beechwood Avenue, Gateshead, NE9 is located in the borough of Gateshead within the NE9 postal district.
8, Beechwood Avenue, Gateshead has a single entry in the Land Registry database from June 2020 and a single entry in the EPC database dated February 2020.
We combine this information with that 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 8 Beechwood Avenue Gateshead as £243,680 and the rental value as £1,099 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of 8 Beechwood Avenue Gateshead has increased by £3,547 (1.5%) and its rental value has increased by £95 per month (8.6%).
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 8, Beechwood Avenue, Gateshead is in very good condition we estimate a sale value of £255,864 and rental value of £1,154 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £226,623 and a rental value of £1,022 per month.
If you were able to purchase this property for the estimated value of £243,680, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,198 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, 8, Beechwood Avenue, Gateshead sits on a plot of 236m2.
We have plot size data on 62 out of 66 other houses in the postcode and 8, Beechwood Avenue, Gateshead sits on the 35th largest plot.
According to HM Land Registry, 8, Beechwood Avenue, Gateshead was last sold on 30 Jun 2020 for £212,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jun 2020, the market for similar properties has risen 13.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Beechwood Avenue, Gateshead within a radius of 510 metres over the last 2 years.
The most recent example is 5, Cedars Green, Gateshead, NE9 6QE, a Freehold house which sold for £210,000 in Nov 2023.
Read more about house prices in NE9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Beechwood Avenue, Gateshead, NE9 has a total of 66 addresses. According to our analysis of all the public data, 8, Beechwood Avenue, Gateshead is the 36th largest and the 35th most expensive property on the street.
When compared to the postcode district it is £87k more expensive than the average property in NE9.
8, Beechwood Avenue, Gateshead has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 14 Feb 2020.
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 8, Beechwood Avenue, Gateshead is Heworth station which is 3.7 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 8, Beechwood Avenue, Gateshead, 55.5% of property is privately owned outright and 38.7% 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 8, Beechwood Avenue, Gateshead, 17.8% of residents are recorded as possessing school level qualifications and 38.2% 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 8, Beechwood Avenue, Gateshead, the average age was 43.7 and the most common age was 57.
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 8, Beechwood Avenue, 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 8, Beechwood Avenue, 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.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.