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Bricks&Logic is a trading name of Urban Markets Ltd
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Registered Address: 2 Leman St, London E1 8FA
According to the public record, 39, Mersey Road, Gateshead is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 666 ft2 of internal area and sits on a 256 m2 plot and a garden.
Houses of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 39, Mersey Road, Gateshead is £99,708 and the estimated rental value is £978 per month.
Mersey Road, Gateshead, NE8 is located in the borough of Gateshead within the NE8 postal district.
39, Mersey Road, Gateshead has a single entry in the Land Registry from July 2016 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 39, Mersey Road, Gateshead is in very good condition we estimate a sale value of £104,693 and a rental value of £1,027 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £92,728 and a rental value of £910 per month.
Over the last 12 months the sale value of 39 Mersey Road Gateshead has increased by an estimated £2,295 (2.3%) and its rental value has increased by an estimated £43 per month (4.4%), giving an expected gross yield of 11.8%.
According to data from HM Land Registry, 39, Mersey Road, Gateshead sits on a plot of 256m2.
We have plot size data on 13 out of 27 other houses in the postcode and 39, Mersey Road, Gateshead sits on the 5th largest plot.
According to HM Land Registry, 39, Mersey Road, Gateshead was last sold on 29th July 2016 for £66,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since July 2016, the market for similar properties has risen 34.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 39, Mersey Road, Gateshead within a radius of 500 metres over the last 2 years.
The most recent example is 5, St. James Court, Gateshead, NE10 0AW, a leasehold house which sold for £45,000 on the 15th October 2024.
Read more about house prices in NE8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mersey Road, Gateshead, NE8 has a total of 27 addresses. According to our analysis of all the public data, 39, Mersey Road, Gateshead is the 27th largest and the 27th most expensive property on the street.
When compared to the postcode district it is £36k less expensive than the average property in NE8.
The closest station to 39, Mersey Road, Gateshead is Heworth station which is 1.7 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 39, Mersey Road, Gateshead, 61.9% of property is socially rented and 17.3% 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 39, Mersey Road, Gateshead, 25.1% of residents are recorded as possessing school level qualifications and 16.9% 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 39, Mersey Road, Gateshead, the average age was 37.2 and the most common age was 7.
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 39, Mersey Road, Gateshead, 0.3% 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 39, Mersey Road, Gateshead, there are an average of 0.7 cars per household.
See below for how this compares to North East and the rest of England & Wales.
