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According to the public record, 7, Southend Road, Gateshead is a early-century leasehold apartment with 635 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 7, Southend Road, Gateshead is £112,103 and the estimated rental value is £779 per month.
Southend Road, Gateshead, NE9 is located in the borough of Gateshead within the NE9 postal district.
7, Southend Road, Gateshead has a single entry in the Land Registry from April 2017 and a single entry in the EPC database dated June 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high 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 7, Southend Road, Gateshead is in very good condition we estimate a sale value of £117,708 and a rental value of £818 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £104,255 and a rental value of £724 per month.
Over the last 12 months the sale value of 7 Southend Road Gateshead has increased by an estimated £523 (0.5%) and its rental value has increased by an estimated £24 per month (3.1%), giving an expected gross yield of 8.3%.
7, Southend Road, Gateshead has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 10 Jun 2021.
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, 7, Southend Road, Gateshead was last sold on 6th April 2017 for £84,350 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since April 2017, the market for similar properties has risen 6.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Southend Road, Gateshead within a radius of 530 metres over the last 2 years.
The most recent example is 43, Southend Road, Gateshead, NE9 6XR, a leasehold flat which sold for £116,000 on the 4th October 2024.
Read more about house prices in NE9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Southend Road, Gateshead, NE9 has a total of 96 addresses. According to our analysis of all the public data, 7, Southend Road, Gateshead is the 84th largest and the 83rd most expensive property on the street.
When compared to the postcode district it is £50k less expensive than the average property in NE9.
The closest station to 7, Southend Road, Gateshead is Heworth station which is 2.6 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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 7, Southend Road, Gateshead, 45.0% of property is privately owned outright and 29.4% 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 7, Southend Road, Gateshead, 12.8% of residents are recorded as possessing school level qualifications and 20.1% 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 7, Southend 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 7, Southend 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 7, Southend Road, Gateshead, there are an average of 1.2 cars per household.
See below for how this compares to North East and the rest of England & Wales.
