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Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 8A, Grasmere Street, Gateshead is a period apartment with 581 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 8A, Grasmere Street, Gateshead is £92,797 and the estimated rental value is £691 per month.
The apartment is within 8, Grasmere Street, Gateshead, NE8.
Grasmere Street, Gateshead, NE8 is located in the borough of Gateshead within the NE8 postal district.
8A, Grasmere Street, Gateshead has no recent1 records in the the Land Registry and a single entry in the EPC database dated February 2023.
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.
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 8A, Grasmere Street, Gateshead is in very good condition we estimate a sale value of £97,437 and a rental value of £725 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £86,301 and a rental value of £642 per month.
Over the last 12 months the sale value of 8A Grasmere Street Gateshead has increased by an estimated £910 (1.0%) and its rental value has increased by an estimated £19 per month (2.8%), giving an expected gross yield of 8.9%.
8A, Grasmere Street, Gateshead has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 21 Feb 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, 8A, Grasmere Street, Gateshead was last sold on 2nd March 1999 for £15,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8A, Grasmere Street, Gateshead within a radius of 360 metres over the last 2 years.
The most recent example is 96, Windsor Avenue, Gateshead, NE8 4NG, a leasehold flat which sold for £85,000 on the 16th August 2024.
Read more about house prices in NE8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Grasmere Street, Gateshead, NE8 has a total of 23 addresses. According to our analysis of all the public data, 8A, Grasmere Street, Gateshead is the 23rd largest and the 23rd most expensive property on the street.
When compared to the postcode district it is £45k less expensive than the average property in NE8.
The closest station to 8A, Grasmere Street, Gateshead is Newcastle station which is 1.8 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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 8A, Grasmere Street, Gateshead, 43.8% of property is privately owned outright and 30.3% 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 8A, Grasmere Street, Gateshead, 40.5% of residents are recorded as possessing school level qualifications and 23.1% 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 8A, Grasmere Street, Gateshead, the average age was 38.1 and the most common age was 27.
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 8A, Grasmere Street, 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 8A, Grasmere Street, Gateshead, there are an average of 0.9 cars per household.
See below for how this compares to North East and the rest of England & Wales.
