370, Sunderland Road
370, Sunderland Road
Description & Estimates
Public records show 370, Sunderland Road, Gateshead to be a period leasehold apartment with 731 ft2 of internal area.
In this area, apartments of this size normally have 3 bedrooms with a garden.
370, Sunderland Road, Gateshead has an estimated sale value of £83,692 and an estimated rental value of £703 per month, assuming reasonable condition and based on the information available.
Sunderland Road, Gateshead, NE8 lies in the borough of Gateshead, within the NE8 postal district.
Our Data Sources
370, Sunderland Road, Gateshead has 3 entries in the Land Registry , most recently in October 2023 and a single entry in the EPC database dated August 2015.
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 370, Sunderland Road, Gateshead would be worth £87,876, with a potential rental value of £738 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £77,833, with a rental value of £654 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 370, Sunderland Road, Gateshead has climbed by £796 (1.0%) over the last year. During the same period, its estimated monthly rental value has risen by £20 (2.8%). The property's estimated gross yield is currently 10.1%.
Energy Efficiency
370, Sunderland Road, Gateshead has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 05 Aug 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
370, Sunderland Road, Gateshead last changed hands on 27th October 2023, selling for £97,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has risen by 33.0% since October 2023.
- Sold Oct 2023£97,000
- Sold May 2022£86,000
- Sold Nov 2018£78,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 460 metres of 370, Sunderland Road, Gateshead across the last 2 years.
Most recently, 406, Sunderland Road, Gateshead, NE8 3QP, a leasehold flat, sold at £39,950 on the 19th November 2024.
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
Our analysis of the public data ranks 370, Sunderland Road, Gateshead as the 97th largest and the 223rd most expensive of the 282 addresses on Sunderland Road, Gateshead, NE8.
Against the NE8 postcode district average, it is £54k less expensive than the typical property.
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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
More reading links
Public Transport Nearby
Heworth station is the nearest stop to 370, Sunderland Road, Gateshead at 2.0 kilometres away.
- 2.0kmHeworth
- 2.3kmManors
- 2.5kmNewcastle
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.
