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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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412, Sunderland Road, Gateshead is described in the public record as a period apartment with 1,087 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 412, Sunderland Road, Gateshead is £98,686 and its rental estimate is £824 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.
412, Sunderland Road, Gateshead has no records in the the Land Registry and a single entry in the EPC database dated March 2022.
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.
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 412, Sunderland Road, Gateshead, we estimate a market value of £103,621 and a rental value of £866 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £91,778 and £767 per month respectively.
Over the last year, 412, Sunderland Road, Gateshead has seen its estimated sale value grow by £939 (1.0%) and its estimated rental value climb by £23 per month (2.8%). This results in an estimated gross rental yield of 10.0%.
412, Sunderland Road, Gateshead has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 31 Mar 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Over the past 2 years 3 properties similar to 412, 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 22nd February 2022, was 330, Sunderland Road, Gateshead, NE8 3QP, a leasehold flat which sold for £50,000.
Read more about house prices in NE8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 282 addresses on Sunderland Road, Gateshead, NE8, 412, Sunderland Road, Gateshead comes out as the 48th largest and the 179th most expensive in our analysis of the public data.
It is also £39k less expensive than the average property across the NE8 district.
From 412, Sunderland Road, Gateshead, the nearest station is Heworth, 2.0 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 412, Sunderland Road, Gateshead, 43.6% of property is privately rented and 35.7% 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 412, Sunderland Road, Gateshead, 22.6% of residents are recorded as possessing school level qualifications and 43.9% 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 412, Sunderland Road, Gateshead, the average age was 35.8 and the most common age was 27.
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 412, Sunderland Road, Gateshead, 0.8% 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 412, Sunderland Road, Gateshead, there are an average of 0.8 cars per household.
See below for how this compares to North East and the rest of England & Wales.
