251, Sanderson Villas
251, Sanderson Villas
Description & Estimates
According to the public record, 251, Sanderson Villas, Gateshead is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 868 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 251, Sanderson Villas, Gateshead is £80,952 and the estimated rental value is £677 per month.
Sanderson Villas, Gateshead, NE8 is located in the borough of Gateshead within the NE8 postal district.
Our Data Sources
251, Sanderson Villas, Gateshead has a single entry in the Land Registry from July 2007 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.
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 251, Sanderson Villas, Gateshead is in very good condition we estimate a sale value of £85,000 and a rental value of £711 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £75,285 and a rental value of £629 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 251, Sanderson Villas, Gateshead has dropped by £523 (0.6%), while its estimated rental value has risen by £13 per month (1.9%). Based on current estimates, the property offers a gross rental yield of 10.0%.
Sold Prices
According to HM Land Registry, 251, Sanderson Villas, Gateshead was last sold on 10th July 2007 for £124,950 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since July 2007, the market for similar properties has risen by 12.2%.
- Sold Jul 2007£124,950
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 251, Sanderson Villas, Gateshead within a radius of 550 metres over the last 2 years.
The most recent example is 277, Sanderson Villas, Gateshead, NE8 3DE, a leasehold flat which sold for £116,950 on the 23rd April 2010.
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
Sanderson Villas, Gateshead, NE8 has a total of 236 addresses. According to our analysis of all the public data, 251, Sanderson Villas, Gateshead is the 47th largest and the 199th most expensive property on the street.
When compared to the postcode district it is £56k less expensive than the average property in NE8.
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Schools Nearby
- 200mBede Community Primary School
- 200mSt Wilfrid's Catholic Primary School, Gateshead
- 1.1kmBrandling Primary School
- 2.2kmXP Gateshead
- 2.2kmNorth East Futures UTC
- 2.4kmHeworth Grange School
More reading links
Public Transport Nearby
The closest station to 251, Sanderson Villas, Gateshead is Heworth station, which is 2.0 kilometres away.
- 2.0kmHeworth
- 2.0kmManors
- 2.4kmNewcastle
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
