According to the public record, 8, Glebe Terrace, Gateshead is a period apartment with 484 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Glebe Terrace, Gateshead, NE11 is located in the borough of Gateshead within the NE11 postal district.
8, Glebe Terrace, Gateshead has no records in the Land Registry database and a single entry in the EPC database dated November 2023.
We combine this information with public data 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 Glebe Terrace Gateshead as £77,086 and the rental value as £626 per month giving an expected gross yield of 9.7%.
Over the last 12 months the sale value of 8 Glebe Terrace Gateshead has increased by £1,823 (2.4%) and its rental value has increased by £62 per month (9.9%).
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, Glebe Terrace, Gateshead is in very good condition we estimate a sale value of £80,940 and rental value of £658 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £71,690 and a rental value of £582 per month.
If you were able to purchase this property for the estimated value of £77,086, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £379 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 the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 8, Glebe Terrace, Gateshead within a radius of 530 metres over the last 2 years.
The most recent example is 21, Market Lane, Gateshead, NE11 9NX, a Leasehold flat which sold for £79,650 in Jan 2007.
Read more about house prices in NE11.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Glebe Terrace, Gateshead, NE11 has a total of 44 addresses. According to our analysis of all the public data, 8, Glebe Terrace, Gateshead is the 43rd largest and the 43rd most expensive property on the street.
When compared to the postcode district it is £56k less expensive than the average property in NE11.
8, Glebe Terrace, Gateshead has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 23 Nov 2023.
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, Glebe Terrace, Gateshead is Dunston station which is 400 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 8, Glebe Terrace, Gateshead, 31.7% of property is privately owned with a mortgage and 30.0% 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 8, Glebe Terrace, Gateshead, 19.0% of residents are recorded as possessing school level qualifications and 21.2% 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, Glebe Terrace, Gateshead, the average age was 43.4 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 8, Glebe Terrace, Gateshead, 1.4% 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 8, Glebe Terrace, 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.