338, Sunderland Road
338, Sunderland Road
Description & Estimates
338, Sunderland Road, Gateshead is described in the public record as a period apartment with 635 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 338, Sunderland Road, Gateshead is £77,913 and its rental estimate is £636 per month, given the available information and assuming reasonable condition.
Sunderland Road, Gateshead, NE8 falls within the NE8 postal district, in the borough of Gateshead.
Our Data Sources
338, Sunderland Road, Gateshead has no records in the the Land Registry and a single entry in the EPC database dated July 2019.
We combine this information with public data 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
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 338, Sunderland Road, Gateshead, we estimate a market value of £81,809 and a rental value of £668 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £72,459 and £592 per month respectively.
Recent Market Change
Over the last year, 338, Sunderland Road, Gateshead has seen its estimated sale value increase by £764 (1.0%) and its estimated rental value grow by £18 per month (2.8%). This results in an estimated gross rental yield of 9.8%.
Energy Efficiency
338, Sunderland Road, Gateshead has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 19 Jul 2019.
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 338, Sunderland Road, Gateshead have sold within a radius of 460 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 19th June 2023, was 21, Moore Street, Gateshead, NE8 3PN, a leasehold flat which sold for £61,000.
Read more about house prices in NE8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 282 addresses on Sunderland Road, Gateshead, NE8, 338, Sunderland Road, Gateshead comes out as the 116th largest and the 236th most expensive in our analysis of the public data.
It is also £59k less expensive than the average property across the NE8 district.
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Schools Nearby
- 300mBede Community Primary School
- 300mSt Wilfrid's Catholic Primary School, Gateshead
- 800mSouth Street Community Primary School
- 1.9kmXP Gateshead
- 2.3kmNorth East Futures UTC
- 2.3kmHeworth Grange School
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Public Transport Nearby
From 338, Sunderland Road, Gateshead, the nearest station is Heworth, 2.0 kilometres away.
- 2.0kmHeworth
- 2.3kmManors
- 2.5kmNewcastle
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
