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Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 4, Mitchell Buildings, Gateshead is £215,905 and the estimated rental value is £1,865 per month.
Mitchell Buildings, Gateshead, NE9 is located in the borough of Sunderland within the NE9 postal district.
4, Mitchell Buildings, Gateshead has 41 entries in the Land Registry , most recently in April 2016 and a single entry in the EPC database dated January 2016.
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 4, Mitchell Buildings, Gateshead is in very good condition we estimate a sale value of £226,700 and a rental value of £1,958 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £200,791 and a rental value of £1,735 per month.
Over the last 12 months the sale value of 4 Mitchell Buildings Gateshead has increased by an estimated £2,320 (1.1%) and its rental value has increased by an estimated £53 per month (2.9%), giving an expected gross yield of 10.4%.
According to data from HM Land Registry, 4, Mitchell Buildings, Gateshead sits on a plot of 70m2.
We have plot size data on 2 out of 4 other houses in the postcode and 4, Mitchell Buildings, Gateshead sits on the 2nd largest plot.
4, Mitchell Buildings, Gateshead has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Jan 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 4, Mitchell Buildings, Gateshead was last sold on 22nd April 2016 for £167,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since April 2016, the market for similar properties has dropped 6.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Mitchell Buildings, Gateshead within a radius of 870 metres over the last 2 years.
The most recent example is 2, Westfield Crescent, Gateshead, NE9 7RX, a freehold house which sold for £195,000 on the 30th June 2023.
Read more about house prices in NE9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mitchell Buildings, Gateshead, NE9 has a total of 4 addresses. According to our analysis of all the public data, 4, Mitchell Buildings, Gateshead is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £54k more expensive than the average property in NE9.
The closest station to 4, Mitchell Buildings, Gateshead is Heworth station which is 3.6 kilometres away.
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 4, Mitchell Buildings, Gateshead, 40.0% of property is privately owned with a mortgage and 32.7% is privately owned outright.
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 4, Mitchell Buildings, Gateshead, 22.6% of residents are recorded as possessing school level qualifications and 30.8% 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 4, Mitchell Buildings, Gateshead, the average age was 44.7 and the most common age was 52.
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 4, Mitchell Buildings, Gateshead, 0.4% 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 4, Mitchell Buildings, Gateshead, there are an average of 1.4 cars per household.
See below for how this compares to North East and the rest of England & Wales.