Stay up to date
Stay up to date
Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
  | Â
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
Connect me with
an Estate Agent
Our partner Agents appear here!
Book a demo
Find an Estate
Agent
According to the public record, 47, Iona Road, Gateshead is a mid-century leasehold apartment with 538 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 47, Iona Road, Gateshead is £74,982 and the estimated rental value is £719 per month.
Iona Road, Gateshead, NE10 is located in the borough of Gateshead within the NE10 postal district.
47, Iona Road, Gateshead has a single entry in the Land Registry from May 2020 and a single entry in the EPC database dated November 2019.
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.
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 47, Iona Road, Gateshead is in very good condition we estimate a sale value of £78,731 and a rental value of £755 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £69,734 and a rental value of £669 per month.
Over the last 12 months the sale value of 47 Iona Road Gateshead has increased by an estimated £1,114 (1.5%) and its rental value has increased by an estimated £23 per month (3.2%), giving an expected gross yield of 11.5%.
47, Iona Road, Gateshead has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 23 Nov 2019.
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, 47, Iona Road, Gateshead was last sold on 1st May 2020 for £72,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since May 2020, the market for similar properties has risen 22.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 47, Iona Road, Gateshead within a radius of 500 metres over the last 2 years.
The most recent example is 49, Iona Road, Gateshead, NE10 9TA, a leasehold flat which sold for £75,050 on the 10th May 2023.
Read more about house prices in NE10.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Iona Road, Gateshead, NE10 has a total of 38 addresses. According to our analysis of all the public data, 47, Iona Road, Gateshead is the 35th largest and the 35th most expensive property on the street.
When compared to the postcode district it is £87k less expensive than the average property in NE10.
The closest station to 47, Iona 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 47, Iona Road, Gateshead, 32.4% of property is privately rented and 22.8% 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 47, Iona Road, Gateshead, 19.1% of residents are recorded as possessing school level qualifications and 32.3% 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 47, Iona 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 47, Iona Road, Gateshead, 0.0% 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 47, Iona 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.
