According to the public record, Apartment 8, The Mansion House, Gateshead is a period leasehold apartment with 775 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in The Mansion House, Mansion Heights, Gateshead, NE11.
Mansion Heights, Gateshead, NE11 is located in the borough of Gateshead within the NE11 postal district.
Apartment 8, The Mansion House, Gateshead has a single entry in the Land Registry database from September 2007 and a single entry in the EPC database dated September 2009.
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 Apartment 8 The Mansion House Gateshead as £195,512 and the rental value as £1,086 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of Apartment 8 The Mansion House Gateshead has increased by £5,355 (2.7%) and its rental value has increased by £113 per month (10.4%).
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 Apartment 8, The Mansion House, Gateshead is in very good condition we estimate a sale value of £205,288 and rental value of £1,141 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £181,826 and a rental value of £1,010 per month.
If you were able to purchase this property for the estimated value of £195,512, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £961 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, Apartment 8, The Mansion House, Gateshead was last sold on 12 Sep 2007 for £185,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Sep 2007, the market for similar properties has risen 1.6%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 850 metres radius of Apartment 8, The Mansion House, Gateshead over the last 2 years.
The most recent example is Apartment 4, The Mansion House, Mansion Heights, Gateshead, NE11 9DA, a Leasehold flat which sold for £295,000 in Sep 2021.
Read more about house prices in NE11.
Mansion Heights, Gateshead, NE11 has a total of 53 addresses. According to our analysis of all the public data, Apartment 8, The Mansion House, Gateshead is the 43rd largest and the 39th most expensive property on the street.
When compared to the postcode district it is £63k more expensive than the average property in NE11.
Apartment 8, The Mansion House, Gateshead has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 24 Sep 2009.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to Apartment 8, The Mansion House, 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 Apartment 8, The Mansion House, Gateshead, 59.4% of property is privately owned outright and 32.9% 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 Apartment 8, The Mansion House, Gateshead, 13.2% of residents are recorded as possessing school level qualifications and 29.2% 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 Apartment 8, The Mansion House, Gateshead, the average age was 43.4 and the most common age was 52.
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 Apartment 8, The Mansion House, Gateshead, 3.2% 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 Apartment 8, The Mansion House, Gateshead, there are an average of 1.4 cars per household.
See below for how this compares to North East and the rest of England & Wales.