16, Wood Terrace
16, Wood Terrace
Description & Estimates
According to the public record, 16, Wood Terrace, Gateshead is a period leasehold apartment with 1,216 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 16, Wood Terrace, Gateshead is £120,495 and the estimated rental value is £959 per month.
Wood Terrace, Gateshead, NE10 is located in the borough of Gateshead within the NE10 postal district.
Our Data Sources
16, Wood Terrace, Gateshead has 21 entries in the Land Registry , most recently in September 2023 and a single entry in the EPC database dated July 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
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 16, Wood Terrace, Gateshead is in very good condition we estimate a sale value of £126,520 and a rental value of £1,007 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £112,060 and a rental value of £892 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 16, Wood Terrace, Gateshead has grown by £961 (0.8%), while its estimated rental value has climbed by £29 per month (3.0%). Based on current estimates, the property offers a gross rental yield of 9.6%.
Energy Efficiency
16, Wood Terrace, Gateshead has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 12 Jul 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
According to HM Land Registry, 16, Wood Terrace, Gateshead was last sold on 29th September 2023 for £113,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since September 2023, the market for similar properties has dropped by 6.3%.
- Sold Sep 2023£113,000
- Sold Oct 2006£89,950
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, Wood Terrace, Gateshead within a radius of 760 metres over the last 2 years.
The most recent example is 13, Wood Terrace, Gateshead, NE10 0UD, a leasehold flat which sold for £98,000 on the 17th December 2024.
Read more about house prices in NE10.
- Sold Dec 2024£98,000 | 3 Bed Flat13, Wood Terrace, Gateshead, NE10 0UD13, Wood Terrace, Gateshead, NE10 0UD
- Sold Jun 2024£110,000 | 3 Bed Flat10, Musgrave Terrace, Gateshead, NE10 0RH10, Musgrave Terrace, Gateshead, NE10 0RH
- Sold Mar 2021£80,000 | 3 Bed Flat98, Station Road, Gateshead, NE10 0UH98, Station Road, Gateshead, NE10 0UH
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Wood Terrace, Gateshead, NE10 has a total of 18 addresses. According to our analysis of all the public data, 16, Wood Terrace, Gateshead is the largest and the most expensive property on the street.
When compared to the postcode district it is £42k less expensive than the average property in NE10.
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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
The closest station to 16, Wood Terrace, Gateshead is Heworth station, which is 1.2 kilometres away.
- 1.2kmHeworth
- 4.5kmManors
- 5.1kmNewcastle
Available Internet Speeds
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
