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16, Woodbine Place, Gateshead is described in the public record as a period apartment with 1,442 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 16, Woodbine Place, Gateshead is £75,663 and its rental estimate is £632 per month, given the available information and assuming reasonable condition.
Woodbine Place, Gateshead, NE8 falls within the NE8 postal district, in the borough of Gateshead.
16, Woodbine Place, Gateshead has no records in the the Land Registry and a single entry in the EPC database dated March 2017.
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.
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 16, Woodbine Place, Gateshead, we estimate a market value of £79,446 and a rental value of £664 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £70,367 and £588 per month respectively.
Over the last year, 16, Woodbine Place, Gateshead has seen its estimated sale value grow by £720 (1.0%) and its estimated rental value climb by £18 per month (2.8%). This results in an estimated gross rental yield of 10.0%.
16, Woodbine Place, Gateshead has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 14 Mar 2017.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Over the past 2 years 2 properties similar to 16, Woodbine Place, Gateshead have sold within a radius of 400 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 22nd July 2020, was 203A, Coatsworth Road, Gateshead, NE8 1SR, a leasehold flat which sold for £149,999.
Read more about house prices in NE8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 32 addresses on Woodbine Place, Gateshead, NE8, 16, Woodbine Place, Gateshead comes out as the 7th largest and the 8th most expensive in our analysis of the public data.
It is also £62k less expensive than the average property across the NE8 district.
From 16, Woodbine Place, Gateshead, the nearest station is Newcastle, 1.6 kilometres away.
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 16, Woodbine Place, Gateshead, 42.2% of property is socially rented and 28.9% is privately 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 16, Woodbine Place, Gateshead, 33.3% of residents are recorded as possessing school level qualifications and 15.1% 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 16, Woodbine Place, 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 16, Woodbine Place, 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 16, Woodbine Place, 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.