7, Milvain Street
7, Milvain Street
Description & Estimates
7, Milvain Street, Gateshead is described in the public record as a mid-century house with 742 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 7, Milvain Street, Gateshead is £106,883 and its rental estimate is £705 per month, given the available information and assuming reasonable condition.
Milvain Street, Gateshead, NE8 falls within the NE8 postal district, in the borough of Gateshead.
Our Data Sources
7, Milvain Street, Gateshead has no records in the the Land Registry and a single entry in the EPC database dated July 2022.
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 7, Milvain Street, Gateshead, we estimate a market value of £112,227 and a rental value of £740 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £99,401 and £655 per month respectively.
Recent Market Change
Over the last year, 7, Milvain Street, Gateshead has seen its estimated sale value climb by £1,246 (1.2%) and its estimated rental value rise by £23 per month (3.2%). This results in an estimated gross rental yield of 7.9%.
Energy Efficiency
7, Milvain Street, Gateshead has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 Jul 2022.
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 7, Milvain Street, Gateshead have sold within a radius of 470 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 8th April 2024, was 4, Fife Street, Gateshead, NE8 3RR, a freehold house which sold for £100,000.
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
Of the 10 addresses on Milvain Street, Gateshead, NE8, 7, Milvain Street, Gateshead comes out as the 6th largest and the 6th most expensive in our analysis of the public data.
It is also £30k less expensive than the average property across the NE8 district.
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Schools Nearby
- 200mSouth Street Community Primary School
- 600mSt Joseph's Catholic Primary School, Gateshead
- 600mCaedmon Community Primary School
- 1.9kmNorth East Futures UTC
- 2.4kmXP Gateshead
- 2.5kmCardinal Hume Catholic School, Gateshead
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Public Transport Nearby
From 7, Milvain Street, Gateshead, the nearest station is Newcastle, 2.1 kilometres away.
- 2.1kmNewcastle
- 2.2kmManors
- 2.6kmHeworth
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
