424, Sunderland Road
424, Sunderland Road
Description & Estimates
Public records show 424, Sunderland Road, Gateshead to be a period leasehold apartment with 796 ft2 of internal area.
In this area, apartments of this size normally have 3 bedrooms with a garden.
424, Sunderland Road, Gateshead has an estimated sale value of £103,955 and an estimated rental value of £823 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
424, Sunderland Road, Gateshead has a single entry in the Land Registry from April 2010 and a single entry in the EPC database dated February 2020.
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 424, Sunderland Road, Gateshead would be worth £109,153, with a potential rental value of £864 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £96,678, with a rental value of £765 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 424, Sunderland Road, Gateshead has moved up by £989 (1.0%) over the last year. During the same period, its estimated monthly rental value has increased by £23 (2.8%). The property's estimated gross yield is currently 9.5%.
Energy Efficiency
424, Sunderland Road, Gateshead has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 04 Feb 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
424, Sunderland Road, Gateshead last changed hands on 16th April 2010, selling for £100,000. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 40.8% since April 2010.
- Sold Apr 2010£100,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 460 metres of 424, Sunderland Road, Gateshead across the last 2 years.
Most recently, 19, Cobden Street, Gateshead, NE8 3PJ, a leasehold flat, sold at £49,000 on the 20th August 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 424, Sunderland Road, Gateshead as the 76th largest and the 159th most expensive of the 282 addresses on Sunderland Road, Gateshead, NE8.
Against the NE8 postcode district average, it is £33k less expensive than the typical property.
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Schools Nearby
- 300mBede Community Primary School
- 300mSt Wilfrid's Catholic Primary School, Gateshead
- 900mFalla Park Community Primary School
- 1.8kmXP Gateshead
- 2.2kmHeworth Grange School
- 2.3kmCardinal Hume Catholic School, Gateshead
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Public Transport Nearby
Heworth station is the nearest stop to 424, Sunderland Road, Gateshead at 1.8 kilometres away.
- 1.8kmHeworth
- 2.4kmManors
- 2.6kmNewcastle
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.
