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Public records show 54, Beacon Lough Road, Gateshead to be a mid-century leasehold apartment with 699 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
54, Beacon Lough Road, Gateshead has an estimated sale value of £68,819 and an estimated rental value of £561 per month, assuming reasonable condition and based on the information available.
Beacon Lough Road, Gateshead, NE9 lies in the borough of Gateshead, within the NE9 postal district.
54, Beacon Lough Road, Gateshead has 31 entries in the Land Registry , most recently in November 2021 and a single entry in the EPC database dated January 2013.
We combine this information with that 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.
In very good condition, we estimate 54, Beacon Lough Road, Gateshead would be worth £72,260, with a potential rental value of £589 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £64,002, with a rental value of £521 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 54, Beacon Lough Road, Gateshead has dropped by £401 (0.6%) over the last year. During the same period, its estimated monthly rental value has risen by £11 (2.0%). The property's estimated gross yield is currently 9.8%.
54, Beacon Lough Road, Gateshead has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 22 Jan 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
54, Beacon Lough Road, Gateshead last changed hands on 26th November 2021, selling for £66,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has risen by 14.6% since November 2021.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 510 metres of 54, Beacon Lough Road, Gateshead across the last 2 years.
Most recently, 57, Kendal Crescent, Gateshead, NE9 6YB, a leasehold flat, sold at £64,950 on the 31st January 2022.
Read more about house prices in NE9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 54, Beacon Lough Road, Gateshead as the 94th largest and the 85th most expensive of the 100 addresses on Beacon Lough Road, Gateshead, NE9.
Against the NE9 postcode district average, it is £94k less expensive than the typical property.
Heworth station is the nearest stop to 54, Beacon Lough Road, Gateshead at 3.0 kilometres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around 54, Beacon Lough Road, Gateshead, 49.3% of property is privately owned with a mortgage and 38.1% is privately owned outright.
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 54, Beacon Lough Road, Gateshead, 14.7% of residents are recorded as possessing school level qualifications and 32.7% 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 54, Beacon Lough Road, Gateshead, the average age was 43.8 and the most common age was 57.
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 54, Beacon Lough Road, Gateshead, 0.3% 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 54, Beacon Lough Road, Gateshead, there are an average of 1.5 cars per household.
See below for how this compares to North East and the rest of England & Wales.