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In this area, apartments of this size normally have 2 bedrooms.
14, Richmond Terrace, Gateshead has an estimated sale value of £103,906 and an estimated rental value of £692 per month, assuming reasonable condition and based on the information available.
Richmond Terrace, Gateshead, NE8 lies in the borough of Gateshead, within the NE8 postal district.
14, Richmond Terrace, Gateshead has no records in the the Land Registry and a single entry in the EPC database dated March 2018.
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 14, Richmond Terrace, Gateshead would be worth £109,102, with a potential rental value of £727 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £96,633, with a rental value of £643 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 14, Richmond Terrace, Gateshead has declined by £1 (0.0%) over the last year. During the same period, its estimated monthly rental value has climbed by £13 (1.9%). The property's estimated gross yield is currently 8.0%.
14, Richmond Terrace, Gateshead has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 05 Mar 2018.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
Land Registry records and our Estate Agent network show 1 sale of a comparable property within 380 metres of 14, Richmond Terrace, Gateshead across the last 2 years.
Most recently, 99, Bewick Road, Gateshead, NE8 1TY, a leasehold flat, sold at £30,000 on the 4th December 2009.
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 14, Richmond Terrace, Gateshead as the 18th largest and the 18th most expensive of the 18 addresses on Richmond Terrace, Gateshead, NE8.
Against the NE8 postcode district average, it is £33k less expensive than the typical property.
Newcastle station is the nearest stop to 14, Richmond Terrace, Gateshead at 1.8 kilometres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
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The recent census recorded whether a resident owned or rented their home.
In the area around 14, Richmond Terrace, Gateshead, 48.9% of property is privately owned outright and 35.9% is privately owned with a mortgage.
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 14, Richmond Terrace, Gateshead, 48.1% of residents are recorded as possessing school level qualifications and 18.2% 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 14, Richmond Terrace, 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 14, Richmond Terrace, 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 14, Richmond Terrace, 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.