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According to the public record, 2, Hazel Road, Gateshead is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,130 ft2 of internal area and sits on a 242 m2 plot and a garden.
Houses of this size in this area normally have 4 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Hazel Road, Gateshead is £209,043 and the estimated rental value is £1,682 per month.
Hazel Road, Gateshead, NE8 is located in the borough of Gateshead within the NE8 postal district.
2, Hazel Road, Gateshead has 21 entries in the Land Registry , most recently in July 2012 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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, Hazel Road, Gateshead is in very good condition we estimate a sale value of £219,495 and a rental value of £1,766 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £194,410 and a rental value of £1,564 per month.
Over the last 12 months the sale value of 2 Hazel Road Gateshead has increased by an estimated £1,865 (0.9%) and its rental value has increased by an estimated £51 per month (3.0%), giving an expected gross yield of 9.7%.
According to data from HM Land Registry, 2, Hazel Road, Gateshead sits on a plot of 242m2.
We have plot size data on 10 out of 10 other houses in the postcode and 2, Hazel Road, Gateshead sits on the 3rd largest plot.
According to HM Land Registry, 2, Hazel Road, Gateshead was last sold on 31st July 2012 for £165,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since July 2012, the market for similar properties has dropped 6.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Hazel Road, Gateshead within a radius of 540 metres over the last 2 years.
The most recent example is 2, Watson Street, Gateshead, NE8 2PQ, a freehold house which sold for £125,000 on the 1st March 2024.
Read more about house prices in NE8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hazel Road, Gateshead, NE8 has a total of 10 addresses. According to our analysis of all the public data, 2, Hazel Road, Gateshead is the 2nd largest and the 4th most expensive property on the street.
When compared to the postcode district it is £73k more expensive than the average property in NE8.
The closest station to 2, Hazel Road, Gateshead is Dunston station which is 1.2 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, Hazel Road, Gateshead, 37.2% of property is socially rented and 25.7% 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 2, Hazel Road, Gateshead, 18.7% of residents are recorded as possessing school level qualifications and 26.4% 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, Hazel Road, Gateshead, the average age was 38.5 and the most common age was 32.
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, Hazel Road, 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, Hazel Road, Gateshead, there are an average of 0.7 cars per household.
See below for how this compares to North East and the rest of England & Wales.