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According to the public record, 23, Colegate West, Gateshead is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 923 ft2 of internal area and sits on a 431 m2 plot 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 23, Colegate West, Gateshead is £196,868 and the estimated rental value is £1,599 per month.
Colegate West, Gateshead, NE10 is located in the borough of Gateshead within the NE10 postal district.
23, Colegate West, Gateshead has a single entry in the Land Registry from August 2010 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 3 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 23, Colegate West, Gateshead is in very good condition we estimate a sale value of £206,712 and a rental value of £1,678 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £183,087 and a rental value of £1,487 per month.
Over the last 12 months the sale value of 23 Colegate West Gateshead has increased by an estimated £5,863 (3.0%) and its rental value has increased by an estimated £72 per month (4.5%), giving an expected gross yield of 9.7%.
According to data from HM Land Registry, 23, Colegate West, Gateshead sits on a plot of 431m2.
We have plot size data on 16 out of 17 other houses in the postcode and 23, Colegate West, Gateshead sits on the 8th largest plot.
According to HM Land Registry, 23, Colegate West, Gateshead was last sold on 5th August 2010 for £145,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since August 2010, the market for similar properties has risen 41.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 23, Colegate West, Gateshead within a radius of 620 metres over the last 2 years.
The most recent example is 19, Colegate West, Gateshead, NE10 9AH, a freehold house which sold for £185,000 on the 27th September 2024.
Read more about house prices in NE10.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Colegate West, Gateshead, NE10 has a total of 17 addresses. According to our analysis of all the public data, 23, Colegate West, Gateshead is the 9th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £35k more expensive than the average property in NE10.
The closest station to 23, Colegate West, Gateshead is Heworth 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 23, Colegate West, Gateshead, 38.0% of property is privately owned outright and 30.6% 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 23, Colegate West, Gateshead, 15.3% of residents are recorded as possessing school level qualifications and 19.8% 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 23, Colegate West, Gateshead, the average age was 41.4 and the most common age was 57.
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 23, Colegate West, 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 23, Colegate West, 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.