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Apartments of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 74, Sheriffs Highway, Gateshead is £89,676 and the estimated rental value is £863 per month.
Sheriffs Highway, Gateshead, NE9 is located in the borough of Gateshead within the NE9 postal district.
74, Sheriffs Highway, Gateshead has 2 entries in the Land Registry , most recently in November 2023 and a single entry in the EPC database dated November 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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 74, Sheriffs Highway, Gateshead is in very good condition we estimate a sale value of £94,159 and a rental value of £906 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £83,398 and a rental value of £802 per month.
Over the last 12 months the sale value of 74 Sheriffs Highway Gateshead has increased by an estimated £1,840 (2.1%) and its rental value has increased by an estimated £33 per month (3.9%), giving an expected gross yield of 11.5%.
74, Sheriffs Highway, Gateshead has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 22 Nov 2023.
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, 74, Sheriffs Highway, Gateshead was last sold on 20th November 2023 for £111,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since November 2023, the market for similar properties has dropped 31.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 74, Sheriffs Highway, Gateshead within a radius of 520 metres over the last 2 years.
The most recent example is 76, Sheriffs Highway, Gateshead, NE9 5UE, a leasehold flat which sold for £72,500 on the 1st February 2024.
Read more about house prices in NE9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Sheriffs Highway, Gateshead, NE9 has a total of 85 addresses. According to our analysis of all the public data, 74, Sheriffs Highway, Gateshead is the 58th largest and the 71st most expensive property on the street.
When compared to the postcode district it is £73k less expensive than the average property in NE9.
The closest station to 74, Sheriffs Highway, Gateshead is Heworth station which is 2.4 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 74, Sheriffs Highway, Gateshead, 26.6% of property is privately owned with a mortgage and 26.6% is privately rented.
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 74, Sheriffs Highway, Gateshead, 7.7% of residents are recorded as possessing school level qualifications and 32.5% 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 74, Sheriffs Highway, 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 74, Sheriffs Highway, Gateshead, 0.4% 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 74, Sheriffs Highway, Gateshead, there are an average of 0.8 cars per household.
See below for how this compares to North East and the rest of England & Wales.