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Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 2, Dykes Way, Gateshead is a mid-century leasehold apartment with 269 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Dykes Way, Gateshead is £37,313 and the estimated rental value is £297 per month.
Dykes Way, Gateshead, NE10 is located in the borough of Gateshead within the NE10 postal district.
2, Dykes Way, Gateshead has 21 entries in the Land Registry , most recently in December 2009 and a single entry in the EPC database dated March 2021.
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, Dykes Way, Gateshead is in very good condition we estimate a sale value of £39,179 and a rental value of £312 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £34,701 and a rental value of £276 per month.
Over the last 12 months the sale value of 2 Dykes Way Gateshead has decreased by an estimated £239 (0.6%) and its rental value has increased by an estimated £6 per month (1.9%), giving an expected gross yield of 9.6%.
2, Dykes Way, Gateshead has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 24 Mar 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
According to HM Land Registry, 2, Dykes Way, Gateshead was last sold on 21st December 2009 for £38,950 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since December 2009, the market for similar properties has risen 24.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Dykes Way, Gateshead within a radius of 650 metres over the last 2 years.
The most recent example is 7, Dykes Way, Gateshead, NE10 8QL, a leasehold flat which sold for £20,500 on the 12th May 2015.
Read more about house prices in NE10.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Dykes Way, Gateshead, NE10 has a total of 117 addresses. According to our analysis of all the public data, 2, Dykes Way, Gateshead is the 104th largest and the 110th most expensive property on the street.
When compared to the postcode district it is £125k less expensive than the average property in NE10.
The closest station to 2, Dykes Way, Gateshead is Heworth station which is 1.7 kilometres away.
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.
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, Dykes Way, Gateshead, 35.1% of property is privately owned with a mortgage and 34.2% is privately owned outright.
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, Dykes Way, Gateshead, 9.4% of residents are recorded as possessing school level qualifications and 31.7% 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, Dykes Way, Gateshead, the average age was 43.8 and the most common age was 62.
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, Dykes Way, 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, Dykes Way, Gateshead, there are an average of 1.1 cars per household.
See below for how this compares to North East and the rest of England & Wales.
