According to the public record, Favells Gate, Gateshead is a early-century freehold house with 3,098 ft2 of internal area and sits on a 1,041 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Galloping Green Road, Gateshead, NE9 is located in the borough of Gateshead within the NE9 postal district.
Favells Gate, Gateshead has 2 entries in the Land Registry database, most recently in August 2013 and a single entry in the EPC database dated July 2010.
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 Favells Gate Gateshead as £578,636 and the rental value as £2,528 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of Favells Gate Gateshead has increased by £5,794 (1.0%) and its rental value has increased by £207 per month (8.2%).
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 Favells Gate, Gateshead is in very good condition we estimate a sale value of £607,567 and rental value of £2,654 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £538,131 and a rental value of £2,351 per month.
If you were able to purchase this property for the estimated value of £578,636, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,844 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 data from HM Land Registry, Favells Gate, Gateshead sits on a plot of 1041m2.
We have plot size data on 3 out of 6 other houses in the postcode and Favells Gate, Gateshead sits on the largest plot.
According to HM Land Registry, Favells Gate, Gateshead was last sold on 30 Aug 2013 for £420,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Aug 2013, the market for similar properties has risen 29.4%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to Favells Gate, Gateshead within a radius of 830 metres over the last 2 years.
The most recent example is Valemount, Rockcliffe Way, Gateshead, NE9 7YL, a Freehold house which sold for £500,000 in Mar 2023.
Read more about house prices in NE9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Galloping Green Road, Gateshead, NE9 has a total of 43 addresses. According to our analysis of all the public data, Favells Gate, Gateshead is the largest and the most expensive property on the street.
When compared to the postcode district it is £422k more expensive than the average property in NE9.
Favells Gate, Gateshead has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 23 Jul 2010.
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 Favells Gate, Gateshead is Heworth station which is 3.6 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Favells Gate, Gateshead, 50.4% of property is privately owned outright and 26.8% 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 Favells Gate, Gateshead, 8.3% of residents are recorded as possessing school level qualifications and 22.2% 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 Favells Gate, Gateshead, the average age was 39.6 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 Favells Gate, 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 Favells Gate, 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.