The Old Bakery, Fell Cottages
The Old Bakery, Fell Cottages
Description & Estimates
The public record describes The Old Bakery, Fell Cottages, Gateshead as a modern house with 581 ft2 of internal area, sitting on a 269 m2 plot.
In this area, houses of this size normally have 2 bedrooms with a garden.
The Old Bakery, Fell Cottages, Gateshead has an estimated sale value of £201,849 and an estimated rental value of £1,075 per month, assuming reasonable condition and based on the information available.
Springwell, Gateshead, NE9 lies in the borough of Sunderland, within the NE9 postal district.
Our Data Sources
The Old Bakery, Fell Cottages, Gateshead has no records in the the Land Registry and a single entry in the EPC database dated November 2019.
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
In very good condition, we estimate The Old Bakery, Fell Cottages, Gateshead would be worth £211,942, with a potential rental value of £1,129 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £187,720, with a rental value of £1,000 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of The Old Bakery, Fell Cottages, Gateshead has risen by £3,000 (1.5%) over the last year. During the same period, its estimated monthly rental value has moved up by £44 (4.1%). The property's estimated gross yield is currently 6.4%.
Plot Size
The Old Bakery, Fell Cottages, Gateshead occupies a 269 m2 plot as recorded by HM Land Registry.
Of the 6 other houses in this postcode, 5 have recorded plot sizes, and this one ranks as the largest.
Energy Efficiency
The Old Bakery, Fell Cottages, Gateshead has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 14 Nov 2019.
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
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.1 kilometres of The Old Bakery, Fell Cottages, Gateshead across the last 2 years.
Most recently, 7, Bowes Gardens, Gateshead, NE9 7NZ, a freehold house, sold at £150,000 on the 27th January 2023.
Read more about house prices in NE9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks The Old Bakery, Fell Cottages, Gateshead as the 17th largest and the 11th most expensive of the 17 addresses on Springwell, Gateshead, NE9.
Against the NE9 postcode district average, it is £40k more expensive than the typical property.
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Schools Nearby
- 200mSpringwell Village Primary School
- 1.2kmGeorge Washington Primary School
- 1.2kmFell Dyke Community Primary School
- 2.2kmCardinal Hume Catholic School, Gateshead
- 2.4kmWashington Academy
- 2.6kmOxclose Community Academy
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Public Transport Nearby
Heworth station is the nearest stop to The Old Bakery, Fell Cottages, Gateshead at 3.6 kilometres away.
- 3.6kmHeworth
- 6.5kmDunston
- 6.8kmManors
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
