14, Somerford
14, Somerford
Description & Estimates
Public records show 14, Somerford, Gateshead to be a modern leasehold house with 473 ft2 of internal area, sitting on a 123 m2 plot.
In this area, houses of this size normally have 2 bedrooms with a garden.
14, Somerford, Gateshead has an estimated sale value of £128,487 and an estimated rental value of £794 per month, assuming reasonable condition and based on the information available.
Somerford, Springwell, Gateshead, NE9 lies in the borough of Sunderland, within the NE9 postal district.
Our Data Sources
14, Somerford, Gateshead has 51 entries in the Land Registry , most recently in July 2023 and a single entry in the EPC database dated January 2023.
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
In very good condition, we estimate 14, Somerford, Gateshead would be worth £134,911, with a potential rental value of £834 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £119,492, with a rental value of £738 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 14, Somerford, Gateshead has risen by £1,910 (1.5%) over the last year. During the same period, its estimated monthly rental value has moved up by £33 (4.1%). The property's estimated gross yield is currently 7.4%.
Plot Size
14, Somerford, Gateshead occupies a 123 m2 plot as recorded by HM Land Registry.
All 18 other houses in this postcode have recorded plot sizes, and this one ranks as the 9th largest.
Energy Efficiency
14, Somerford, Gateshead has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 Jan 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
14, Somerford, Gateshead last changed hands on 28th July 2023, selling for £113,250. The transaction was logged as a leasehold house by HM Land Registry.
In total it has sold 5 times since 1995.
The market for similar properties has dropped by 12.0% since July 2023.
- Sold Jul 2023£113,250
- Sold Jun 2006£109,000
- Sold Aug 2002£65,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.0 kilometres of 14, Somerford, Gateshead across the last 2 years.
Most recently, 16, Somerford, Gateshead, NE9 7QW, a leasehold house, sold at £115,000 on the 18th August 2016.
Read more about house prices in NE9.
•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 14, Somerford, Gateshead as the 18th largest and the 18th most expensive of the 18 addresses on Somerford, Springwell, Gateshead, NE9.
Against the NE9 postcode district average, it is £34k less expensive than the typical property.
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Schools Nearby
- 500mSpringwell Village Primary School
- 1.0kmFell Dyke Community Primary School
- 1.3kmSt Oswald's Catholic Primary, Wrekenton
- 1.9kmCardinal Hume Catholic School, Gateshead
- 2.4kmXP Gateshead
- 2.6kmWashington Academy
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Public Transport Nearby
Heworth station is the nearest stop to 14, Somerford, Gateshead at 3.3 kilometres away.
- 3.3kmHeworth
- 6.3kmDunston
- 6.5kmManors
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 very low risk of flooding.
