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According to the public record, 2, Bridges View, Gateshead is a modern leasehold apartment with 516 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Bridges View, Gateshead is £85,148 and the estimated rental value is £763 per month.
Bridges View, Gateshead, NE8 is located in the borough of Gateshead within the NE8 postal district.
2, Bridges View, Gateshead has 61 entries in the Land Registry , most recently in March 2010 and a single entry in the EPC database dated November 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
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 2, Bridges View, Gateshead is in very good condition we estimate a sale value of £89,405 and a rental value of £801 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £79,188 and a rental value of £709 per month.
Over the last 12 months the sale value of 2 Bridges View Gateshead has increased by an estimated £273 (0.3%) and its rental value has increased by an estimated £19 per month (2.5%), giving an expected gross yield of 10.8%.
2, Bridges View, Gateshead has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 03 Nov 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Bridges View, Gateshead was last sold on 12th March 2010 for £92,000 and was recorded as a leasehold flat.
The property has had 6 sales since 1995.
Since March 2010, the market for similar properties has risen 56.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Bridges View, Gateshead within a radius of 460 metres over the last 2 years.
The most recent example is 74, Windmill Way, Gateshead, NE8 1NU, a leasehold flat which sold for £71,500 on the 13th September 2024.
Read more about house prices in NE8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Bridges View, Gateshead, NE8 has a total of 62 addresses. According to our analysis of all the public data, 2, Bridges View, Gateshead is the 62nd largest and the 62nd most expensive property on the street.
When compared to the postcode district it is £50k less expensive than the average property in NE8.
The closest station to 2, Bridges View, Gateshead is Newcastle station which is 1.3 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Bridges View, Gateshead, 35.6% of property is privately rented and 30.0% 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 2, Bridges View, Gateshead, 9.6% of residents are recorded as possessing school level qualifications and 46.9% 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 2, Bridges View, 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 2, Bridges View, 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 2, Bridges View, 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.