According to the public record, 8, Meadow Lane, Gateshead is a mid-century freehold house with 818 ft2 of internal area and sits on a 119 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Meadow Lane, Gateshead, NE11 is located in the borough of Gateshead within the NE11 postal district.
8, Meadow Lane, Gateshead has a single entry in the Land Registry database from June 2023 and a single entry in the EPC database dated March 2023.
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 Meadow Lane Gateshead as £131,050 and the rental value as £866 per month giving an expected gross yield of 7.9%.
Over the last 12 months the sale value of 8 Meadow Lane Gateshead has increased by £3,357 (2.6%) and its rental value has increased by £87 per month (10.1%).
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, Meadow Lane, Gateshead is in very good condition we estimate a sale value of £137,602 and rental value of £909 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £121,876 and a rental value of £805 per month.
If you were able to purchase this property for the estimated value of £131,050, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £644 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, Meadow Lane, Gateshead sits on a plot of 119m2.
We have plot size data on 13 out of 47 other houses in the postcode and 8, Meadow Lane, Gateshead sits on the 13th largest plot.
According to HM Land Registry, 8, Meadow Lane, Gateshead was last sold on 16 Jun 2023 for £133,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jun 2023, the market for similar properties has risen 2.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Meadow Lane, Gateshead within a radius of 610 metres over the last 2 years.
The most recent example is 58, Meadow Lane, Gateshead, NE11 9PN, a Freehold house which sold for £117,000 in Nov 2021.
Read more about house prices in NE11.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Meadow Lane, Gateshead, NE11 has a total of 134 addresses. According to our analysis of all the public data, 8, Meadow Lane, Gateshead is the 60th largest and the 28th most expensive property on the street.
When compared to the postcode district it is £2k less expensive than the average property in NE11.
8, Meadow Lane, Gateshead has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 06 Mar 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, Meadow Lane, 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, Meadow Lane, Gateshead, 62.6% of property is socially rented and 15.5% 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, Meadow Lane, Gateshead, 20.0% of residents are recorded as possessing school level qualifications and 12.0% 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, Meadow Lane, 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, Meadow Lane, 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, Meadow Lane, Gateshead, there are an average of 0.7 cars per household.
See below for how this compares to North East and the rest of England & Wales.