According to the public record, 89, Sanderson Villas, Gateshead is a modern leasehold apartment with 592 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Sanderson Villas, Gateshead, NE8 is located in the borough of Gateshead within the NE8 postal district.
89, Sanderson Villas, Gateshead has 21 entries in the Land Registry database, most recently in August 2022 and a single entry in the EPC database dated October 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.
1Sales dated prior to 2007 are shown, but are not used in our calculations.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 89 Sanderson Villas Gateshead as £96,974 and the rental value as £704 per month giving an expected gross yield of 8.7%.
Over the last 12 months the sale value of 89 Sanderson Villas Gateshead has increased by £3,060 (3.2%) and its rental value has increased by £69 per month (9.8%).
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 89, Sanderson Villas, Gateshead is in very good condition we estimate a sale value of £101,823 and rental value of £739 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £90,186 and a rental value of £655 per month.
If you were able to purchase this property for the estimated value of £96,974, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £477 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, 89, Sanderson Villas, Gateshead was last sold on 05 Aug 2022 for £75,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Aug 2022, the market for similar properties has risen 3.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 89, Sanderson Villas, Gateshead within a radius of 480 metres over the last 2 years.
The most recent example is 5, Sanderson Villas, Gateshead, NE8 3BU, a Leasehold flat which sold for £105,000 in Oct 2023.
Read more about house prices in NE8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Sanderson Villas, Gateshead, NE8 has a total of 234 addresses. According to our analysis of all the public data, 89, Sanderson Villas, Gateshead is the 153rd largest and the 153rd most expensive property on the street.
When compared to the postcode district it is £36k less expensive than the average property in NE8.
89, Sanderson Villas, Gateshead has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 Oct 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 89, Sanderson Villas, Gateshead is Manors station which is 2.0 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 89, Sanderson Villas, Gateshead, 48.3% of property is privately owned with a mortgage and 43.2% is privately rented.
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 89, Sanderson Villas, Gateshead, 15.1% of residents are recorded as possessing school level qualifications and 70.3% 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 89, Sanderson Villas, Gateshead, the average age was 35.8 and the most common age was 27.
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 89, Sanderson Villas, Gateshead, 0.4% 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 89, Sanderson Villas, 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.