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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, 2, Pacha Way, Gateshead is a modern leasehold house with 753 ft2 of internal area and sits on a 86 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Pacha Way, Gateshead is £192,355 and the estimated rental value is £1,423 per month.
Pacha Way, Gateshead, NE8 is located in the borough of Gateshead within the NE8 postal district.
2, Pacha Way, Gateshead has a single entry in the Land Registry from September 2023 and a single entry in the EPC database dated August 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high 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, Pacha Way, Gateshead is in very good condition we estimate a sale value of £201,973 and a rental value of £1,494 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £178,890 and a rental value of £1,323 per month.
Over the last 12 months the sale value of 2 Pacha Way Gateshead has increased by an estimated £3,484 (1.8%) and its rental value has increased by an estimated £51 per month (3.6%), giving an expected gross yield of 8.9%.
According to data from HM Land Registry, 2, Pacha Way, Gateshead sits on a plot of 86m2.
We have plot size data on 6 out of 15 other houses in the postcode and 2, Pacha Way, Gateshead sits on the 5th largest plot.
2, Pacha Way, Gateshead has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 15 Aug 2014.
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, Pacha Way, Gateshead was last sold on 1st September 2023 for £191,000 and was recorded as a leasehold house.
The property has only had this single sale since 1995.
Since September 2023, the market for similar properties has risen 1.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Pacha Way, Gateshead within a radius of 630 metres over the last 2 years.
The most recent example is 3, Pacha Way, Gateshead, NE8 2GN, a leasehold house which sold for £197,500 on the 17th September 2024.
Read more about house prices in NE8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Pacha Way, Gateshead, NE8 has a total of 15 addresses. According to our analysis of all the public data, 2, Pacha Way, Gateshead is the 9th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £57k more expensive than the average property in NE8.
The closest station to 2, Pacha Way, Gateshead is Dunston station which is 800 metres 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 2, Pacha Way, 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, Pacha Way, 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, Pacha 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, Pacha Way, 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.
