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According to the public record, 271, Sanderson Villas, Gateshead is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 843 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 271, Sanderson Villas, Gateshead is £80,371 and the estimated rental value is £673 per month.
Sanderson Villas, Gateshead, NE8 is located in the borough of Gateshead within the NE8 postal district.
271, Sanderson Villas, Gateshead has a single entry in the Land Registry from August 2009 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 271, Sanderson Villas, Gateshead is in very good condition we estimate a sale value of £84,389 and a rental value of £706 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £74,745 and a rental value of £625 per month.
Over the last 12 months the sale value of 271 Sanderson Villas Gateshead has decreased by an estimated £519 (0.6%) and its rental value has increased by an estimated £13 per month (1.9%), giving an expected gross yield of 10%.
According to HM Land Registry, 271, Sanderson Villas, Gateshead was last sold on 14th August 2009 for £105,450 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since August 2009, the market for similar properties has risen 32.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 271, 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.
Sanderson Villas, Gateshead, NE8 has a total of 236 addresses. According to our analysis of all the public data, 271, Sanderson Villas, Gateshead is the 49th largest and the 200th most expensive property on the street.
When compared to the postcode district it is £57k less expensive than the average property in NE8.
The closest station to 271, Sanderson Villas, Gateshead is Heworth station which is 2.0 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 271, Sanderson Villas, Gateshead, 65.6% of property is socially rented and 14.0% is privately owned outright.
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 271, Sanderson Villas, Gateshead, 24.9% of residents are recorded as possessing school level qualifications and 16.2% 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 271, Sanderson Villas, Gateshead, the average age was 39.7 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 271, Sanderson Villas, 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 271, Sanderson Villas, 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.
