114, Derwentwater Road
114, Derwentwater Road
Description & Estimates
Public records show 114, Derwentwater Road, Gateshead to be a modern leasehold house with 796 ft2 of internal area, sitting on a 134 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
114, Derwentwater Road, Gateshead has an estimated sale value of £175,909 and an estimated rental value of £1,000 per month, assuming reasonable condition and based on the information available.
Derwentwater Road, Gateshead, NE8 lies in the borough of Gateshead, within the NE8 postal district.
Our Data Sources
114, Derwentwater Road, Gateshead has a single entry in the Land Registry from June 2016 and a single entry in the EPC database dated May 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 114, Derwentwater Road, Gateshead would be worth £184,705, with a potential rental value of £1,050 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £163,596, with a rental value of £930 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 114, Derwentwater Road, Gateshead has climbed by £2,050 (1.2%) over the last year. During the same period, its estimated monthly rental value has risen by £32 (3.2%). The property's estimated gross yield is currently 6.8%.
Plot Size
114, Derwentwater Road, Gateshead occupies a 134 m2 plot as recorded by HM Land Registry.
Of the 30 other houses in this postcode, 11 have recorded plot sizes, and this one ranks as the 6th largest.
Energy Efficiency
114, Derwentwater Road, Gateshead has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 13 May 2016.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
114, Derwentwater Road, Gateshead last changed hands on 24th June 2016, selling for £150,995. The transaction was logged as a leasehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 24.4% since June 2016.
- Sold Jun 2016£150,995
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 680 metres of 114, Derwentwater Road, Gateshead across the last 2 years.
Most recently, 118, Derwentwater Road, Gateshead, NE8 2HA, a leasehold house, sold at £162,000 on the 10th October 2024.
Read more about house prices in NE8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 114, Derwentwater Road, Gateshead as the 39th largest and the 17th most expensive of the 84 addresses on Derwentwater Road, Gateshead, NE8.
Against the NE8 postcode district average, it is £39k more expensive than the typical property.
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Schools Nearby
- 400mSt Philip Neri Catholic Primary School, Dunston
- 600mSt Aidan's Church of England Primary School
- 1.0kmRiverside Primary Academy
- 1.4kmKingsmeadow Community School
- 2.0kmNorth East Futures UTC
- 2.9kmGrace College
More reading links
Public Transport Nearby
Dunston station is the nearest stop to 114, Derwentwater Road, Gateshead at 600 metres away.
- 600mDunston
- 2.1kmNewcastle
- 2.4kmMetroCentre
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a low risk of flooding.
