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According to the public record, 37, Gorsehill, Gateshead is a mid-century freehold house with 1,044 ft2 of internal area and sits on a 142 m2 plot.
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 37, Gorsehill, Gateshead is £70,446 and the estimated rental value is £686 per month.
Gorsehill, Gateshead, NE9 is located in the borough of Gateshead within the NE9 postal district.
37, Gorsehill, Gateshead has a single entry in the Land Registry from August 2019 and a single entry in the EPC database dated November 2018.
We combine this information with that 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.
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 37, Gorsehill, Gateshead is in very good condition we estimate a sale value of £73,968 and a rental value of £720 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £65,515 and a rental value of £638 per month.
Over the last 12 months the sale value of 37 Gorsehill Gateshead has increased by an estimated £2,098 (3.0%) and its rental value has increased by an estimated £31 per month (4.5%), giving an expected gross yield of 11.7%.
According to data from HM Land Registry, 37, Gorsehill, Gateshead sits on a plot of 142m2.
We have plot size data on 10 out of 20 other houses in the postcode and 37, Gorsehill, Gateshead sits on the 4th largest plot.
37, Gorsehill, Gateshead has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 30 Nov 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
According to HM Land Registry, 37, Gorsehill, Gateshead was last sold on 29th August 2019 for £77,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since August 2019, the market for similar properties has risen 106.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 37, Gorsehill, Gateshead within a radius of 610 metres over the last 2 years.
The most recent example is 39, Gorsehill, Gateshead, NE9 6SE, a freehold house which sold for £49,502 on the 11th November 2022.
Read more about house prices in NE9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gorsehill, Gateshead, NE9 has a total of 64 addresses. According to our analysis of all the public data, 37, Gorsehill, Gateshead is the 4th largest and the 41st most expensive property on the street.
When compared to the postcode district it is £92k less expensive than the average property in NE9.
The closest station to 37, Gorsehill, Gateshead is Heworth station which is 2.2 kilometres 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 37, Gorsehill, Gateshead, 46.9% of property is socially rented and 21.6% 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 37, Gorsehill, Gateshead, 26.8% 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 37, Gorsehill, Gateshead, the average age was 39.6 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 37, Gorsehill, 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 37, Gorsehill, 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.