According to the public record, Favells House, Gateshead is a early-century house with 2,497 ft2 of internal area and sits on a 1,031 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 House, Gateshead has no recent1 records in the Land Registry database and a single entry in the EPC database dated November 2013.
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.
1Sales dated prior to 2007 are shown, but are not used in our calculations.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for Favells House Gateshead as £505,946 and the rental value as £2,211 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of Favells House Gateshead has increased by £5,066 (1.0%) and its rental value has increased by £181 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 House, Gateshead is in very good condition we estimate a sale value of £531,243 and rental value of £2,321 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £470,530 and a rental value of £2,056 per month.
If you were able to purchase this property for the estimated value of £505,946, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,487 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 House, Gateshead sits on a plot of 1031m2.
We have plot size data on 3 out of 6 other houses in the postcode and Favells House, Gateshead sits on the 2nd largest plot.
According to HM Land Registry, Favells House, Gateshead was last sold on 25 Sep 1998 for £128,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to Favells House, Gateshead within a radius of 850 metres over the last 2 years.
The most recent example is Scots Villa, Rockcliffe Way, Gateshead, NE9 7XT, a Freehold house which sold for £655,000 in Apr 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 House, Gateshead is the 6th largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £349k more expensive than the average property in NE9.
Favells House, Gateshead has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 13 Nov 2013.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to Favells House, Gateshead is Heworth station which is 3.6 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around Favells House, 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 House, 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 House, 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 House, 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 House, 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.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.