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8, Collingwood Terrace, Gateshead is described in the public record as a period apartment with 710 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 8, Collingwood Terrace, Gateshead is £74,330 and its rental estimate is £625 per month, given the available information and assuming reasonable condition.
Collingwood Terrace, Gateshead, NE11 falls within the NE11 postal district, in the borough of Gateshead.
8, Collingwood Terrace, Gateshead has no records in the the Land Registry and a single entry in the EPC database dated September 2013.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 8, Collingwood Terrace, Gateshead, we estimate a market value of £78,046 and a rental value of £656 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £69,127 and £581 per month respectively.
Over the last year, 8, Collingwood Terrace, Gateshead has seen its estimated sale value grow by £707 (1.0%) and its estimated rental value climb by £17 per month (2.8%). This results in an estimated gross rental yield of 10.1%.
8, Collingwood Terrace, Gateshead has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 12 Sep 2013.
The property is not 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 8, Collingwood Terrace, Gateshead have sold within a radius of 630 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 10th July 2023, was 10, Collingwood Terrace, Gateshead, NE11 9DU, a leasehold flat which sold for £74,500.
Read more about house prices in NE11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 18 addresses on Collingwood Terrace, Gateshead, NE11, 8, Collingwood Terrace, Gateshead comes out as the 9th largest and the 9th most expensive in our analysis of the public data.
It is also £63k less expensive than the average property across the NE11 district.
From 8, Collingwood Terrace, Gateshead, the nearest station is Dunston, 700 metres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast 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 8, Collingwood Terrace, Gateshead, 45.2% of property is socially rented and 19.3% 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 8, Collingwood Terrace, Gateshead, 25.6% of residents are recorded as possessing school level qualifications and 16.2% 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 8, Collingwood Terrace, Gateshead, the average age was 38.5 and the most common age was 32.
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 8, Collingwood Terrace, 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 8, Collingwood Terrace, Gateshead, there are an average of 0.6 cars per household.
See below for how this compares to North East and the rest of England & Wales.