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The public record describes 115, Victoria Road, Gateshead as an early-century apartment with 667 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms with a garden.
115, Victoria Road, Gateshead has an estimated sale value of £38,654 and an estimated rental value of £315 per month, assuming reasonable condition and based on the information available.
Victoria Road, Gateshead, NE8 lies in the borough of Gateshead, within the NE8 postal district.
115, Victoria Road, Gateshead has no records in the the Land Registry and a single entry in the EPC database dated November 2019.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
In very good condition, we estimate 115, Victoria Road, Gateshead would be worth £40,587, with a potential rental value of £331 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £35,948, with a rental value of £293 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 115, Victoria Road, Gateshead has increased by £379 (1.0%) over the last year. During the same period, its estimated monthly rental value has grown by £9 (2.8%). The property's estimated gross yield is currently 9.8%.
115, Victoria Road, Gateshead has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 21 Nov 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Land Registry records and our Estate Agent network show 2 sales of comparable properties within 580 metres of 115, Victoria Road, Gateshead across the last 2 years.
Most recently, 89, Victoria Road, Gateshead, NE8 2SY, a leasehold flat, sold at £55,000 on the 10th May 2019.
Read more about house prices in NE8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 115, Victoria Road, Gateshead as the 82nd largest and the 135th most expensive of the 144 addresses on Victoria Road, Gateshead, NE8.
Against the NE8 postcode district average, it is £99k less expensive than the typical property.
Dunston station is the nearest stop to 115, Victoria Road, Gateshead at 1.1 kilometres away.
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around 115, Victoria Road, Gateshead, 33.1% of property is privately rented and 25.6% is socially rented.
The graph below shows how this compares to North East 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 115, Victoria Road, Gateshead, 14.8% of residents are recorded as possessing school level qualifications and 14.3% as possessing degree level qualifications.
The graph below shows how this compares to North East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 115, Victoria Road, Gateshead, the average age was 38.1 and the most common age was 27.
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 115, Victoria Road, 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 115, Victoria Road, Gateshead, there are an average of 0.6 cars per household.
See below for how this compares to North East and the rest of England & Wales.