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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
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According to the public record, 2, Rydal Street, Gateshead is a period house with 731 ft2 of internal area and sits on a 62.3 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, Rydal Street, Gateshead is £147,301 and the estimated rental value is £1,271 per month.
Rydal Street, Gateshead, NE8 is located in the borough of Gateshead within the NE8 postal district.
2, Rydal Street, Gateshead has no records in the the Land Registry and a single entry in the EPC database dated October 2016.
We combine this information with public data of neighbouring properties to estimate the property 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, Rydal Street, Gateshead is in very good condition we estimate a sale value of £154,666 and a rental value of £1,335 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £136,990 and a rental value of £1,182 per month.
Over the last 12 months the sale value of 2 Rydal Street Gateshead has increased by an estimated £2,668 (1.8%) and its rental value has increased by an estimated £46 per month (3.6%), giving an expected gross yield of 10.4%.
According to data from HM Land Registry, 2, Rydal Street, Gateshead sits on a plot of 62m2.
We have plot size data on 4 out of 5 other houses in the postcode and 2, Rydal Street, Gateshead sits on the 4th largest plot.
2, Rydal Street, Gateshead has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 28 Oct 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Rydal Street, Gateshead within a radius of 360 metres over the last 2 years.
The most recent example is 119, Rectory Road, Gateshead, NE8 1XJ, a freehold house which sold for £160,000 on the 10th October 2018.
Read more about house prices in NE8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Rydal Street, Gateshead, NE8 has a total of 6 addresses. According to our analysis of all the public data, 2, Rydal Street, Gateshead is the 6th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £12k more expensive than the average property in NE8.
The closest station to 2, Rydal Street, Gateshead is Newcastle station which is 1.8 kilometres away.
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, Rydal Street, Gateshead, 42.2% of property is privately rented and 28.9% is privately owned with a mortgage.
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, Rydal Street, Gateshead, 49.7% of residents are recorded as possessing school level qualifications and 21.2% 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, Rydal Street, Gateshead, the average age was 38.1 and the most common age was 27.
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, Rydal Street, 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, Rydal Street, Gateshead, there are an average of 1.0 cars per household.
See below for how this compares to North East and the rest of England & Wales.
