According to the public record, 8, Southlands, Gateshead is a mid-century leasehold house with 887 ft2 of internal area and sits on a 346 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Southlands, Gateshead, NE9 is located in the borough of Gateshead within the NE9 postal district.
8, Southlands, Gateshead has a single entry in the Land Registry database from November 2014 and a single entry in the EPC database dated March 2011.
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 Southlands Gateshead as £200,974 and the rental value as £1,056 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of 8 Southlands Gateshead has increased by £2,994 (1.5%) and its rental value has increased by £92 per month (8.7%).
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, Southlands, Gateshead is in very good condition we estimate a sale value of £211,023 and rental value of £1,109 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £186,906 and a rental value of £982 per month.
If you were able to purchase this property for the estimated value of £200,974, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £988 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, Southlands, Gateshead sits on a plot of 346m2.
We have plot size data on 15 out of 20 other houses in the postcode and 8, Southlands, Gateshead sits on the 6th largest plot.
According to HM Land Registry, 8, Southlands, Gateshead was last sold on 14 Nov 2014 for £175,000 and was recorded as a leasehold house.
The property has only had this single sale since 1995.
Since Nov 2014, the market for similar properties has risen 26.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Southlands, Gateshead within a radius of 810 metres over the last 2 years.
The most recent example is 22, The Rowans, Gateshead, NE9 7BN, a Freehold house which sold for £174,950 in Jan 2022.
Read more about house prices in NE9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Southlands, Gateshead, NE9 has a total of 24 addresses. According to our analysis of all the public data, 8, Southlands, Gateshead is the 8th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £44k more expensive than the average property in NE9.
8, Southlands, Gateshead has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 11 Mar 2011.
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, Southlands, Gateshead is Heworth station which is 3.6 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 8, Southlands, Gateshead, 59.7% of property is privately owned outright and 32.8% 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, Southlands, Gateshead, 14.5% of residents are recorded as possessing school level qualifications and 28.1% 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, Southlands, Gateshead, the average age was 39.6 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, Southlands, Gateshead, 2.0% 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, Southlands, Gateshead, there are an average of 1.2 cars per household.
See below for how this compares to North East and the rest of England & Wales.