According to the public record, 9, Ellison Villas, Gateshead is a mid-century house with 1,162 ft2 of internal area.
Houses of this size in this area normally have 4 bedrooms with a garden.
Ellison Villas, Gateshead, NE8 is located in the borough of Gateshead within the NE8 postal district.
9, Ellison Villas, Gateshead has no records in the Land Registry database and a single entry in the EPC database dated March 2014.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 9 Ellison Villas Gateshead as £156,092 and the rental value as £951 per month giving an expected gross yield of 7.3%.
Over the last 12 months the sale value of 9 Ellison Villas Gateshead has increased by £4,066 (2.6%) and its rental value has increased by £88 per month (9.3%).
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 9, Ellison Villas, Gateshead is in very good condition we estimate a sale value of £163,896 and rental value of £999 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £145,165 and a rental value of £885 per month.
If you were able to purchase this property for the estimated value of £156,092, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £767 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 3 sales of properties similar to 9, Ellison Villas, Gateshead within a radius of 400 metres over the last 2 years.
The most recent example is 9, Thames Street, Gateshead, NE8 3SP, a Freehold house which sold for £164,000 in Jan 2022.
Read more about house prices in NE8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ellison Villas, Gateshead, NE8 has a total of 48 addresses. According to our analysis of all the public data, 9, Ellison Villas, Gateshead is the largest and the most expensive property on the street.
When compared to the postcode district it is £23k more expensive than the average property in NE8.
9, Ellison Villas, Gateshead has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 Mar 2014.
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 9, Ellison Villas, Gateshead is Heworth station which is 2.3 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 9, Ellison Villas, Gateshead, 35.6% of property is socially rented and 23.5% 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 9, Ellison Villas, Gateshead, 17.1% of residents are recorded as possessing school level qualifications and 16.3% 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 9, Ellison Villas, Gateshead, the average age was 38.5 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 9, Ellison Villas, 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 9, Ellison Villas, Gateshead, there are an average of 0.9 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.