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According to the public record, 262, Rectory Road, Gateshead is a period leasehold apartment with 699 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 262, Rectory Road, Gateshead is £87,190 and the estimated rental value is £805 per month.
Rectory Road, Gateshead, NE8 is located in the borough of Gateshead within the NE8 postal district.
262, Rectory Road, Gateshead has a single entry in the Land Registry from November 2021 and a single entry in the EPC database dated September 2021.
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.
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 262, Rectory Road, Gateshead is in very good condition we estimate a sale value of £91,549 and a rental value of £845 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £81,086 and a rental value of £749 per month.
Over the last 12 months the sale value of 262 Rectory Road Gateshead has increased by an estimated £1,361 (1.6%) and its rental value has increased by an estimated £30 per month (3.7%), giving an expected gross yield of 11.1%.
262, Rectory Road, Gateshead has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 30 Sep 2021.
The property is connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 262, Rectory Road, Gateshead was last sold on 15th November 2021 for £64,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since November 2021, the market for similar properties has dropped 4.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 262, Rectory Road, Gateshead within a radius of 310 metres over the last 2 years.
The most recent example is 187, Westbourne Avenue, Gateshead, NE8 4NR, a leasehold flat which sold for £105,000 on the 11th March 2026.
Read more about house prices in NE8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Rectory Road, Gateshead, NE8 has a total of 228 addresses. According to our analysis of all the public data, 262, Rectory Road, Gateshead is the 197th largest and the 208th most expensive property on the street.
When compared to the postcode district it is £48k less expensive than the average property in NE8.
The closest station to 262, Rectory Road, Gateshead is Dunston station which is 2.1 kilometres away.
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.
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 262, Rectory Road, Gateshead, 59.7% of property is privately rented and 23.6% 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 262, Rectory Road, Gateshead, 21.1% of residents are recorded as possessing school level qualifications and 44.9% 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 262, Rectory Road, Gateshead, the average age was 35.8 and the most common age was 32.
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 262, Rectory Road, 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 262, Rectory Road, Gateshead, there are an average of 0.7 cars per household.
See below for how this compares to North East and the rest of England & Wales.
