51-53, Grasmere Street West
51-53, Grasmere Street West
Description & Estimates
51-53, Grasmere Street West, Gateshead is described in the public record as a period house with 2,131 ft2 of internal area, sitting on a 150 m2 plot.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of 51-53, Grasmere Street West, Gateshead is £240,290 and its rental estimate is £1,425 per month, given the available information and assuming reasonable condition.
Grasmere Street West, Gateshead, NE8 falls within the NE8 postal district, in the borough of Gateshead.
Our Data Sources
51-53, Grasmere Street West, Gateshead has no records in the the Land Registry and a single entry in the EPC database dated January 2016.
We combine this information with public data 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.
Price Range & Condition
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 51-53, Grasmere Street West, Gateshead, we estimate a market value of £252,305 and a rental value of £1,496 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £223,470 and £1,325 per month respectively.
Recent Market Change
Over the last year, 51-53, Grasmere Street West, Gateshead has seen its estimated sale value move down by £1,676 (0.7%) and its estimated rental value increase by £21 per month (1.5%). This results in an estimated gross rental yield of 7.1%.
Plot Size
HM Land Registry records the plot of land for 51-53, Grasmere Street West, Gateshead as measuring 150 m2.
That makes it the 6th largest plot in the postcode, where 3 of the 6 other houses have recorded plot data.
Energy Efficiency
51-53, Grasmere Street West, Gateshead has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 26 Jan 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 51-53, Grasmere Street West, Gateshead have sold within a radius of 360 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 3rd May 2024, was 2, Grasmere Street, Gateshead, NE8 1TR, a freehold house which sold for £275,000.
Read more about house prices in NE8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 28 addresses on Grasmere Street West, Gateshead, NE8, 51-53, Grasmere Street West, Gateshead comes out as the 4th largest and the 5th most expensive in our analysis of the public data.
It is also £103k more expensive than the average property across the NE8 district.
More reading links
Schools Nearby
- 200mCaedmon Community Primary School
- 400mBrighton Avenue Primary School
- 400mCorpus Christi Catholic Primary School, Gateshead
- 1.6kmNorth East Futures UTC
- 2.6kmGrace College
- 2.9kmKingsmeadow Community School
More reading links
Public Transport Nearby
From 51-53, Grasmere Street West, Gateshead, the nearest station is Newcastle, 1.8 kilometres away.
- 1.8kmNewcastle
- 2.1kmDunston
- 2.3kmManors
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
