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According to the public record, 2 Dene House, Gateshead is a modern leasehold apartment with 979 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 2 Dene House, Gateshead is £195,427 and the estimated rental value is £1,364 per month.
The apartment is within Dene House, Durham Road, Gateshead, NE9.
Durham Road, Gateshead, NE9 is located in the borough of Gateshead within the NE9 postal district.
2 Dene House, Gateshead has a single entry in the Land Registry from October 2020 and a single entry in the EPC database dated September 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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 Dene House, Gateshead is in very good condition we estimate a sale value of £205,198 and a rental value of £1,432 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £181,747 and a rental value of £1,268 per month.
Over the last 12 months the sale value of 2 Dene House Gateshead has increased by an estimated £2,774 (1.4%) and its rental value has increased by an estimated £35 per month (2.6%), giving an expected gross yield of 8.4%.
2 Dene House, Gateshead has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 07 Sep 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2 Dene House, Gateshead was last sold on 23rd October 2020 for £255,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since October 2020, the market for similar properties has dropped 42.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2 Dene House, Gateshead within a radius of 580 metres over the last 2 years.
The most recent example is 5 Dene House, Durham Road, Gateshead, NE9 5AE, a leasehold flat which sold for £168,000 on the 5th May 2023.
Read more about house prices in NE9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Durham Road, Gateshead, NE9 has a total of 351 addresses. According to our analysis of all the public data, 2 Dene House, Gateshead is the 201st largest and the 230th most expensive property on the street.
When compared to the postcode district it is £33k more expensive than the average property in NE9.
The closest station to 2 Dene House, Gateshead is Dunston station which is 2.7 kilometres away.
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 Dene House, Gateshead, % of property is and % is .
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 Dene House, Gateshead, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 Dene House, 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 Dene House, Gateshead, there are an average of 0.0 cars per household.
See below for how this compares to North East and the rest of England & Wales.
