According to the public record, 98, Oakfield Road, Gateshead is a mid-century house with 753 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Oakfield Road, Gateshead, NE11 is located in the borough of Gateshead within the NE11 postal district.
98, Oakfield Road, Gateshead has no records in the Land Registry database and a single entry in the EPC database dated August 2020.
We combine this information with public data 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 98 Oakfield Road Gateshead as £184,996 and the rental value as £980 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of 98 Oakfield Road Gateshead has increased by £4,929 (2.7%) and its rental value has increased by £95 per month (9.7%).
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 98, Oakfield Road, Gateshead is in very good condition we estimate a sale value of £194,246 and rental value of £1,029 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £172,046 and a rental value of £911 per month.
If you were able to purchase this property for the estimated value of £184,996, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £909 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 98, Oakfield Road, Gateshead within a radius of 530 metres over the last 2 years.
The most recent example is 92, Oakfield Road, Gateshead, NE11 0AE, a Freehold house which sold for £190,000 in Jan 2023.
Read more about house prices in NE11.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Oakfield Road, Gateshead, NE11 has a total of 102 addresses. According to our analysis of all the public data, 98, Oakfield Road, Gateshead is the 91st largest and the 42nd most expensive property on the street.
When compared to the postcode district it is £52k more expensive than the average property in NE11.
98, Oakfield Road, Gateshead has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 Aug 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 98, Oakfield Road, Gateshead is Dunston station which is 1.1 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 98, Oakfield Road, Gateshead, 39.7% of property is privately owned outright and 29.8% 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 98, Oakfield Road, Gateshead, 15.8% of residents are recorded as possessing school level qualifications and 23.1% 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 98, Oakfield Road, Gateshead, the average age was 43.3 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 98, Oakfield Road, Gateshead, 0.8% 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 98, Oakfield Road, Gateshead, there are an average of 1.1 cars per household.
See below for how this compares to North East and the rest of England & Wales.