According to the public record, 8 February Courtyard, Gateshead is a modern leasehold house with 1,022 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Ash Street, Gateshead, NE8 is located in the borough of Gateshead within the NE8 postal district.
8 February Courtyard, Gateshead has a single entry in the Land Registry database from December 2020 and a single entry in the EPC database dated June 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
•Public data including the Land Registry and EPC Register is processed and republished under the Government Open Data Licence.
•All values are estimates based on available data. All data and other content are provided subject to our Terms & Conditions.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 8 February Courtyard Gateshead as £193,414 and the rental value as £969 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 8 February Courtyard Gateshead has increased by £4,201 (2.2%) and its rental value has increased by £86 per month (8.9%).
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 8 February Courtyard, Gateshead is in very good condition we estimate a sale value of £203,085 and rental value of £1,018 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £179,875 and a rental value of £901 per month.
If you were able to purchase this property for the estimated value of £193,414, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £951 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 HM Land Registry, 8 February Courtyard, Gateshead was last sold on 11 Dec 2020 for £202,000 and was recorded as a leasehold house.
The property has only had this single sale since 1995.
Since Dec 2020, the market for similar properties has risen 12.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8 February Courtyard, Gateshead within a radius of 610 metres over the last 2 years.
The most recent example is 1, Pacha Way, Gateshead, NE8 2GN, a Leasehold house which sold for £208,300 in Jan 2022.
Read more about house prices in NE8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ash Street, Gateshead, NE8 has a total of 35 addresses. According to our analysis of all the public data, 8 February Courtyard, Gateshead is the 10th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £61k more expensive than the average property in NE8.
8 February Courtyard, Gateshead has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 24 Jun 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 February Courtyard, Gateshead is Dunston station which is 800 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 8 February Courtyard, Gateshead, 44.9% of property is privately rented and 35.3% 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 8 February Courtyard, Gateshead, 12.6% of residents are recorded as possessing school level qualifications and 67.0% 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 February Courtyard, Gateshead, the average age was 38.5 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 8 February Courtyard, Gateshead, 0.3% 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 February Courtyard, 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.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.