3 Whinney Park, Gateshead
3 Whinney Park, Gateshead
Description & Estimates
Public records show 3 Whinney Park, Gateshead to be a modern leasehold apartment with 635 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms with a balcony.
3 Whinney Park, Gateshead has an estimated sale value of £237,587 and an estimated rental value of £1,394 per month, assuming reasonable condition and based on the information available.
The apartment sits within Whinney Park, Durham Road, Gateshead, NE9.
Durham Road, Gateshead, NE9 lies in the borough of Gateshead, within the NE9 postal district.
Our Data Sources
3 Whinney Park, Gateshead has a single entry in the Land Registry from September 2019 and a single entry in the EPC database dated March 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 3 Whinney Park, Gateshead would be worth £249,467, with a potential rental value of £1,463 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £220,956, with a rental value of £1,296 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 3 Whinney Park, Gateshead has risen by £3,300 (1.4%) over the last year. During the same period, its estimated monthly rental value has moved up by £55 (3.9%). The property's estimated gross yield is currently 7.0%.
Energy Efficiency
3 Whinney Park, Gateshead has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 09 Mar 2018.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and underfloor heating, mains gas.
Sold Prices
3 Whinney Park, Gateshead last changed hands on 3rd September 2019, selling for £200,000. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 41.6% since September 2019.
- Sold Sep 2019£200,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 550 metres of 3 Whinney Park, Gateshead across the last 2 years.
Most recently, 9 Whinney Park, Durham Road, Gateshead, NE9 5FB, a leasehold flat, sold at £223,000 on the 5th July 2024.
Read more about house prices in NE9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 3 Whinney Park, Gateshead as the 315th largest and the 166th most expensive of the 351 addresses on Durham Road, Gateshead, NE9.
Against the NE9 postcode district average, it is £75k more expensive than the typical property.
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Schools Nearby
- 400mKells Lane Primary School
- 600mSt Peter's Catholic Primary School, Low Fell
- 900mGlynwood Community Primary School
- 1.1kmGrace College
- 1.8kmCardinal Hume Catholic School, Gateshead
- 2.5kmXP Gateshead
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Public Transport Nearby
Dunston station is the nearest stop to 3 Whinney Park, Gateshead at 2.8 kilometres away.
- 2.8kmDunston
- 3.3kmHeworth
- 3.5kmNewcastle
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
