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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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51, Southway, Gateshead is described in the public record as an early-century house with 809 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 51, Southway, Gateshead is £90,117 and its rental estimate is £583 per month, given the available information and assuming reasonable condition.
Southway, Gateshead, NE9 falls within the NE9 postal district, in the borough of Gateshead.
51, Southway, Gateshead has no records in the the Land Registry and a single entry in the EPC database dated October 2011.
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.
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, Southway, Gateshead, we estimate a market value of £94,622 and a rental value of £612 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £83,808 and £542 per month respectively.
Over the last year, 51, Southway, Gateshead has seen its estimated sale value increase by £1,153 (1.3%) and its estimated rental value grow by £23 per month (3.9%). This results in an estimated gross rental yield of 7.8%.
51, Southway, Gateshead has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 Oct 2011.
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 51, Southway, Gateshead have sold within a radius of 510 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 26th March 2024, was 1, Ruskin Road, Gateshead, NE10 9SY, a freehold house which sold for £92,000.
Read more about house prices in NE9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 26 addresses on Southway, Gateshead, NE9, 51, Southway, Gateshead comes out as the 24th largest and the 23rd most expensive in our analysis of the public data.
It is also £72k less expensive than the average property across the NE9 district.
From 51, Southway, Gateshead, the nearest station is Heworth, 2.2 kilometres away.
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast 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 51, Southway, Gateshead, 56.7% of property is socially rented and 16.5% 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 51, Southway, Gateshead, 28.6% of residents are recorded as possessing school level qualifications and 14.2% 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 51, Southway, 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 51, Southway, 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 51, Southway, Gateshead, there are an average of 0.9 cars per household.
See below for how this compares to North East and the rest of England & Wales.
