According to the public record, Woodcutters Cottage, Gateshead is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 2,292 ft2 of internal area and a garden.
Houses of this size in this area normally have 5 bedrooms.
Mansion Heights, Gateshead, NE11 is located in the borough of Gateshead within the NE11 postal district.
Woodcutters Cottage, Gateshead has a single entry in the Land Registry database from August 2021 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 Woodcutters Cottage Gateshead as £414,045 and the rental value as £1,809 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of Woodcutters Cottage Gateshead has increased by £2,179 (0.5%) and its rental value has increased by £143 per month (7.9%).
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 Woodcutters Cottage, Gateshead is in very good condition we estimate a sale value of £434,747 and rental value of £1,899 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £385,062 and a rental value of £1,682 per month.
If you were able to purchase this property for the estimated value of £414,045, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,035 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, Woodcutters Cottage, Gateshead was last sold on 02 Aug 2021 for £450,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Aug 2021, the market for similar properties has risen 10.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Woodcutters Cottage, Gateshead within a radius of 870 metres over the last 2 years.
The most recent example is Hayloft, Mansion Heights, Gateshead, NE11 9DL, a Freehold house which sold for £515,000 in Mar 2022.
Read more about house prices in NE11.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mansion Heights, Gateshead, NE11 has a total of 53 addresses. According to our analysis of all the public data, Woodcutters Cottage, Gateshead is the 4th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £281k more expensive than the average property in NE11.
The closest station to Woodcutters Cottage, Gateshead is Dunston station which is 1.2 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around Woodcutters Cottage, Gateshead, 33.1% of property is privately rented and 24.0% is privately owned outright.
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 Woodcutters Cottage, Gateshead, 13.9% of residents are recorded as possessing school level qualifications and 39.2% 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 Woodcutters Cottage, 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 Woodcutters Cottage, Gateshead, 2.2% 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 Woodcutters Cottage, Gateshead, there are an average of 1.0 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.