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Bricks&Logic is a trading name of Urban Markets Ltd
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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Union Lodge, Gateshead is described in the public record as a modern house with 1,851 ft2 of internal area, sitting on a 501 m2 plot.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of Union Lodge, Gateshead is £475,079 and its rental estimate is £2,318 per month, given the available information and assuming reasonable condition.
Whickham Highway, Gateshead, NE11 falls within the NE11 postal district, in the borough of Gateshead.
Union Lodge, Gateshead has no records in the the Land Registry and a single entry in the EPC database dated March 2020.
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.
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 Union Lodge, Gateshead, we estimate a market value of £498,833 and a rental value of £2,434 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £441,823 and £2,156 per month respectively.
Over the last year, Union Lodge, Gateshead has seen its estimated sale value decline by £3,313 (0.7%) and its estimated rental value climb by £35 per month (1.5%). This results in an estimated gross rental yield of 5.9%.
HM Land Registry records the plot of land for Union Lodge, Gateshead as measuring 501 m2.
That makes it the 2nd largest plot in the postcode, where 3 of the 6 other houses have recorded plot data.
Union Lodge, Gateshead has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 30 Mar 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and underfloor heating, mains gas.
Over the past 2 years 2 properties similar to Union Lodge, Gateshead have sold within a radius of 720 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 27th June 2023, was 7, Gibside Court, Gateshead, NE11 9PT, a freehold house which sold for £385,000.
Read more about house prices in NE11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 37 addresses on Whickham Highway, Gateshead, NE11, Union Lodge, Gateshead comes out as the 8th largest and the 3rd most expensive in our analysis of the public data.
It is also £338k more expensive than the average property across the NE11 district.
From Union Lodge, Gateshead, the nearest station is Dunston, 1.0 kilometres away.
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 Union Lodge, Gateshead, 59.4% of property is privately owned outright and 32.9% 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 Union Lodge, Gateshead, 13.2% of residents are recorded as possessing school level qualifications and 29.2% 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 Union Lodge, Gateshead, the average age was 43.4 and the most common age was 52.
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 Union Lodge, Gateshead, 3.2% 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 Union Lodge, Gateshead, there are an average of 1.4 cars per household.
See below for how this compares to North East and the rest of England & Wales.
