2, Locomotive Way
2, Locomotive Way
Description & Estimates
According to the public record, 2, Locomotive Way, Gateshead is a modern freehold house with 1,377 ft2 of internal area.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Locomotive Way, Gateshead is £293,081 and the estimated rental value is £1,392 per month.
Locomotive Way, Gateshead, NE8 is located in the borough of Gateshead within the NE8 postal district.
Our Data Sources
2, Locomotive Way, Gateshead has a single entry in the Land Registry from March 2025 and a single entry in the EPC database dated April 2025.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
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, Locomotive Way, Gateshead is in very good condition we estimate a sale value of £307,735 and a rental value of £1,462 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £272,565 and a rental value of £1,295 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 2, Locomotive Way, Gateshead has increased by £1,690 (0.6%), while its estimated rental value has grown by £37 per month (2.7%). Based on current estimates, the property offers a gross rental yield of 5.7%.
Energy Efficiency
2, Locomotive Way, Gateshead has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 01 Apr 2025.
The property is not connected to mains gas and has high performance glazing. It is heated using Community scheme.
Sold Prices
According to HM Land Registry, 2, Locomotive Way, Gateshead was last sold on 31st March 2025 for £334,995 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since March 2025, the market for similar properties has dropped by 21.7%.
- Sold Mar 2025£334,995
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Locomotive Way, Gateshead within a radius of 640 metres over the last 2 years.
The most recent example is 16, Rennison Close, Gateshead, NE8 3FU, a freehold house which sold for £334,995 on the 5th September 2025.
Read more about house prices in NE8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Locomotive Way, Gateshead, NE8 has a total of 65 addresses. According to our analysis of all the public data, 2, Locomotive Way, Gateshead is the largest and the most expensive property on the street.
When compared to the postcode district it is £156k more expensive than the average property in NE8.
More reading links
Schools Nearby
- 700mBede Community Primary School
- 700mSt Wilfrid's Catholic Primary School, Gateshead
- 800mSt Joseph's Catholic Primary School, Gateshead
- 1.7kmNorth East Futures UTC
- 2.6kmXP Gateshead
- 2.9kmHeworth Grange School
More reading links
Public Transport Nearby
The closest station to 2, Locomotive Way, Gateshead is Manors station, which is 1.6 kilometres away.
- 1.6kmManors
- 1.8kmNewcastle
- 2.5kmHeworth
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
