13, Wood Terrace
13, Wood Terrace
Description & Estimates
13, Wood Terrace, Gateshead is recorded publicly as a period leasehold apartment across 1,173 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 13, Wood Terrace, Gateshead is £118,628 and its rental estimate is £944 per month, given the available information and assuming reasonable condition.
Wood Terrace, Gateshead, NE10 falls within the NE10 postal district, in the borough of Gateshead.
Our Data Sources
13, Wood Terrace, Gateshead has 31 entries in the Land Registry , most recently in December 2024 and a single entry in the EPC database dated March 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 13, Wood Terrace, Gateshead, we estimate a market value of £124,559 and a rental value of £992 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £110,324 and £878 per month respectively.
Recent Market Change
Over the last year, 13, Wood Terrace, Gateshead has seen its estimated sale value rise by £946 (0.8%) and its estimated rental value move up by £29 per month (3.0%). This results in an estimated gross rental yield of 9.6%.
Energy Efficiency
13, Wood Terrace, Gateshead has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 04 Mar 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 13, Wood Terrace, Gateshead completed on 17th December 2024 at £98,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 3 times.
Values of comparable properties have dropped by 9.2% over the period since December 2024.
- Sold Dec 2024£98,000
- Sold Jun 2006£94,950
- Sold Jan 2002£41,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 13, Wood Terrace, Gateshead have sold within a radius of 760 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 13th June 2024, was 10, Musgrave Terrace, Gateshead, NE10 0RH, a leasehold flat which sold for £110,000.
Read more about house prices in NE10.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 18 addresses on Wood Terrace, Gateshead, NE10, 13, Wood Terrace, Gateshead comes out as the 2nd largest and the 2nd most expensive in our analysis of the public data.
It is also £44k less expensive than the average property across the NE10 district.
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Schools Nearby
- 200mBill Quay Primary School
- 500mSt Alban's Catholic Primary School, Pelaw
- 900mWardley Primary School
- 1.1kmSt Joseph's Catholic Academy
- 1.4kmHeworth Grange School
- 2.0kmHebburn Comprehensive School
More reading links
Public Transport Nearby
From 13, Wood Terrace, Gateshead, the nearest station is Heworth, 1.2 kilometres away.
- 1.2kmHeworth
- 4.5kmManors
- 5.1kmNewcastle
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
