2, Musgrave Terrace
2, Musgrave Terrace
Description & Estimates
The public record describes 2, Musgrave Terrace, Gateshead as a period apartment with 1,399 ft2 of internal area.
In this area, apartments of this size normally have 3 bedrooms with a garden.
2, Musgrave Terrace, Gateshead has an estimated sale value of £110,387 and an estimated rental value of £922 per month, assuming reasonable condition and based on the information available.
Musgrave Terrace, Gateshead, NE10 lies in the borough of Gateshead, within the NE10 postal district.
Our Data Sources
2, Musgrave Terrace, Gateshead has no records in the the Land Registry and a single entry in the EPC database dated June 2025.
We combine this information with public data 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
In very good condition, we estimate 2, Musgrave Terrace, Gateshead would be worth £115,906, with a potential rental value of £968 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £102,660, with a rental value of £858 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 2, Musgrave Terrace, Gateshead has moved up by £881 (0.8%) over the last year. During the same period, its estimated monthly rental value has increased by £28 (3.0%). The property's estimated gross yield is currently 10.0%.
Energy Efficiency
2, Musgrave Terrace, Gateshead has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 Jun 2025.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 570 metres of 2, Musgrave Terrace, Gateshead across the last 2 years.
Most recently, 2, Fairfield Terrace, Gateshead, NE10 0QR, a leasehold flat, sold at £79,000 on the 20th May 2025.
Read more about house prices in NE10.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 2, Musgrave Terrace, Gateshead as the largest and the 4th most expensive of the 12 addresses on Musgrave Terrace, Gateshead, NE10.
Against the NE10 postcode district average, it is £52k less expensive than the typical property.
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Schools Nearby
- 200mSt Alban's Catholic Primary School, Pelaw
- 500mWardley Primary School
- 500mBill Quay Primary School
- 900mHeworth Grange School
- 1.4kmSt Joseph's Catholic Academy
- 1.8kmXP Gateshead
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Public Transport Nearby
Heworth station is the nearest stop to 2, Musgrave Terrace, Gateshead at 900 metres away.
- 900mHeworth
- 4.5kmManors
- 5.0kmNewcastle
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
