2, Patterdale Terrace
2, Patterdale Terrace
Description & Estimates
According to the public record, 2, Patterdale Terrace, Gateshead is a period leasehold apartment with 764 ft2 of internal area.
Apartments 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, Patterdale Terrace, Gateshead is £117,674 and the estimated rental value is £801 per month.
Patterdale Terrace, Gateshead, NE8 is located in the borough of Gateshead within the NE8 postal district.
Our Data Sources
2, Patterdale Terrace, Gateshead has 31 entries in the Land Registry , most recently in January 2008 and a single entry in the EPC database dated April 2023.
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.
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, Patterdale Terrace, Gateshead is in very good condition we estimate a sale value of £123,558 and a rental value of £841 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £109,437 and a rental value of £745 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 2, Patterdale Terrace, Gateshead has risen by £1,119 (1.0%), while its estimated rental value has moved up by £22 per month (2.8%). Based on current estimates, the property offers a gross rental yield of 8.2%.
Energy Efficiency
2, Patterdale Terrace, Gateshead has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 27 Apr 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 2, Patterdale Terrace, Gateshead was last sold on 4th January 2008 for £95,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since January 2008, the market for similar properties has dropped by 23.7%.
- Sold Jan 2008£95,000
- Sold Jun 1999£29,000
- Sold Dec 1995£20,500
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, Patterdale Terrace, Gateshead within a radius of 380 metres over the last 2 years.
The most recent example is 109, Avenue Road, Gateshead, NE8 4JH, a leasehold flat which sold for £120,000 on the 6th May 2025.
Read more about house prices in NE8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Patterdale Terrace, Gateshead, NE8 has a total of 32 addresses. According to our analysis of all the public data, 2, Patterdale Terrace, Gateshead is the 18th largest and the 17th most expensive property on the street.
When compared to the postcode district it is £20k less expensive than the average property in NE8.
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Schools Nearby
- 500mSouth Street Community Primary School
- 600mCaedmon Community Primary School
- 700mKelvin Grove Community Primary School
- 2.2kmGrace College
- 2.2kmNorth East Futures UTC
- 2.3kmCardinal Hume Catholic School, Gateshead
More reading links
Public Transport Nearby
The closest station to 2, Patterdale Terrace, Gateshead is Newcastle station, which is 2.4 kilometres away.
- 2.4kmNewcastle
- 2.6kmDunston
- 2.7kmManors
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
