According to the public record, 9, Stuart Terrace, Gateshead is a period leasehold apartment with 699 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Stuart Terrace, Gateshead, NE10 is located in the borough of Gateshead within the NE10 postal district.
9, Stuart Terrace, Gateshead has 21 entries in the Land Registry database, most recently in November 2007 and a single entry in the EPC database dated October 2019.
We combine this information with that 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 Stuart Terrace Gateshead as £55,329 and the rental value as £423 per month giving an expected gross yield of 9.2%.
Over the last 12 months the sale value of 9 Stuart Terrace Gateshead has increased by £1,624 (2.9%) and its rental value has increased by £42 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 9, Stuart Terrace, Gateshead is in very good condition we estimate a sale value of £58,096 and rental value of £444 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £51,456 and a rental value of £394 per month.
If you were able to purchase this property for the estimated value of £55,329, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £272 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, 9, Stuart Terrace, Gateshead was last sold on 30 Nov 2007 for £79,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Nov 2007, the market for similar properties has dropped 3.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 9, Stuart Terrace, Gateshead within a radius of 830 metres over the last 2 years.
The most recent example is 41, Ridley Terrace, Gateshead, NE10 0NQ, a Leasehold flat which sold for £39,999 in Jan 2020.
Read more about house prices in NE10.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Stuart Terrace, Gateshead, NE10 has a total of 21 addresses. According to our analysis of all the public data, 9, Stuart Terrace, Gateshead is the 20th largest and the 20th most expensive property on the street.
When compared to the postcode district it is £101k less expensive than the average property in NE10.
9, Stuart Terrace, Gateshead has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Oct 2019.
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, Stuart Terrace, Gateshead is Heworth station which is 800 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 9, Stuart Terrace, Gateshead, 44.3% of property is socially rented and 33.0% 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 9, Stuart Terrace, Gateshead, 23.2% of residents are recorded as possessing school level qualifications and 34.2% 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 9, Stuart Terrace, Gateshead, the average age was 39.7 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, Stuart Terrace, 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 9, Stuart Terrace, Gateshead, there are an average of 0.8 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.