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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 29, Watermill Lane, Gateshead is a early-century house with 893 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 29, Watermill Lane, Gateshead is £141,192 and the estimated rental value is £892 per month.
Watermill Lane, Gateshead, NE10 is located in the borough of Gateshead within the NE10 postal district.
29, Watermill Lane, Gateshead has no records in the the Land Registry and a single entry in the EPC database dated August 2024.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 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 29, Watermill Lane, Gateshead is in very good condition we estimate a sale value of £148,252 and a rental value of £936 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £131,309 and a rental value of £829 per month.
Over the last 12 months the sale value of 29 Watermill Lane Gateshead has increased by an estimated £1,807 (1.3%) and its rental value has increased by an estimated £35 per month (3.9%), giving an expected gross yield of 7.6%.
29, Watermill Lane, Gateshead has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 29 Aug 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 29, Watermill Lane, Gateshead within a radius of 610 metres over the last 2 years.
The most recent example is 17, Swards Road, Gateshead, NE10 9UR, a freehold house which sold for £126,500 on the 1st October 2024.
Read more about house prices in NE10.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Watermill Lane, Gateshead, NE10 has a total of 54 addresses. According to our analysis of all the public data, 29, Watermill Lane, Gateshead is the 37th largest and the 45th most expensive property on the street.
When compared to the postcode district it is £21k less expensive than the average property in NE10.
The closest station to 29, Watermill Lane, Gateshead is Heworth station which is 500 metres 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 29, Watermill Lane, Gateshead, 34.7% of property is socially rented and 30.7% 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 29, Watermill Lane, Gateshead, 18.8% of residents are recorded as possessing school level qualifications and 24.2% 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 29, Watermill Lane, Gateshead, the average age was 43.7 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 29, Watermill Lane, Gateshead, 0.4% 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 29, Watermill Lane, Gateshead, there are an average of 0.9 cars per household.
See below for how this compares to North East and the rest of England & Wales.
