3 Station Cottages, Gateshead
3 Station Cottages, Gateshead
Description & Estimates
3 Station Cottages, Gateshead is described in the public record as a period house with 667 ft2 of internal area, sitting on a 132 m2 plot.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 3 Station Cottages, Gateshead is £111,500 and its rental estimate is £740 per month, given the available information and assuming reasonable condition.
Elysium Lane, Gateshead, NE8 falls within the NE8 postal district, in the borough of Gateshead.
Our Data Sources
3 Station Cottages, Gateshead has no records in the the Land Registry and a single entry in the EPC database dated June 2016.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 3 Station Cottages, Gateshead, we estimate a market value of £117,075 and a rental value of £777 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £103,695 and £688 per month respectively.
Recent Market Change
Over the last year, 3 Station Cottages, Gateshead has seen its estimated sale value increase by £1,271 (1.1%) and its estimated rental value grow by £26 per month (3.5%). This results in an estimated gross rental yield of 8.0%.
Plot Size
HM Land Registry records the plot of land for 3 Station Cottages, Gateshead as measuring 132 m2.
That makes it the largest plot in the postcode, where all 3 other houses have recorded plot data.
Energy Efficiency
3 Station Cottages, Gateshead has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 30 Jun 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 3 Station Cottages, Gateshead have sold within a radius of 450 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 8th March 2024, was 45, Saltwell Street, Gateshead, NE8 4QX, a leasehold house which sold for £62,000.
Read more about house prices in NE8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 6 addresses on Elysium Lane, Gateshead, NE8, 3 Station Cottages, Gateshead comes out as the 5th largest and the 5th most expensive in our analysis of the public data.
It is also £26k less expensive than the average property across the NE8 district.
More reading links
Schools Nearby
- 300mBrighton Avenue Primary School
- 300mSt Aidan's Church of England Primary School
- 600mCorpus Christi Catholic Primary School, Gateshead
- 1.6kmNorth East Futures UTC
- 2.2kmKingsmeadow Community School
- 2.7kmGrace College
More reading links
Public Transport Nearby
From 3 Station Cottages, Gateshead, the nearest station is Dunston, 1.4 kilometres away.
- 1.4kmDunston
- 1.8kmNewcastle
- 2.5kmManors
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
