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According to the public record, 224-226, Alexandra Road, Gateshead is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 940 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 224-226, Alexandra Road, Gateshead is £118,246 and the estimated rental value is £737 per month.
Alexandra Road, Gateshead, NE8 is located in the borough of Gateshead within the NE8 postal district.
224-226, Alexandra Road, Gateshead has a single entry in the Land Registry from September 2023 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 224-226, Alexandra Road, Gateshead is in very good condition we estimate a sale value of £124,158 and a rental value of £773 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £109,969 and a rental value of £685 per month.
Over the last 12 months the sale value of 224-226 Alexandra Road Gateshead has increased by an estimated £1,378 (1.2%) and its rental value has increased by an estimated £24 per month (3.2%), giving an expected gross yield of 7.5%.
According to HM Land Registry, 224-226, Alexandra Road, Gateshead was last sold on 8th September 2023 for £130,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since September 2023, the market for similar properties has risen 16.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 224-226, Alexandra Road, Gateshead within a radius of 390 metres over the last 2 years.
The most recent example is 137, Prince Consort Road, Gateshead, NE8 1LR, a freehold house which sold for £120,000 on the 10th April 2024.
Read more about house prices in NE8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Alexandra Road, Gateshead, NE8 has a total of 70 addresses. According to our analysis of all the public data, 224-226, Alexandra Road, Gateshead is the 50th largest and the 53rd most expensive property on the street.
When compared to the postcode district it is £19k less expensive than the average property in NE8.
The closest station to 224-226, Alexandra Road, Gateshead is Newcastle station which is 1.8 kilometres 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 224-226, Alexandra Road, Gateshead, 56.3% of property is privately rented and 21.9% 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 224-226, Alexandra Road, Gateshead, 40.0% of residents are recorded as possessing school level qualifications and 29.7% 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 224-226, Alexandra Road, Gateshead, the average age was 38.5 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 224-226, Alexandra Road, Gateshead, 1.0% 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 224-226, Alexandra Road, Gateshead, there are an average of 0.6 cars per household.
See below for how this compares to North East and the rest of England & Wales.
