HM Residential says ..
For sale!!! NO CHAIN!
Property Oracle says ..
This property is a 2-bedroom flat located on Sunderland Road in Gateshead. The property is relatively small at 496.61 sqft and benefits from a small plot size of 542.50 sqft. Based on the images, the property appears to be in good condition and has recently been decorated. It benefits from a modern kitchen and bathroom. The location is close to several schools, however, the Ofsted ratings for the nearest schools vary. The property is also within a reasonable distance of several train stations, providing good transport links. The list price of £63,000 is significantly lower than the average price for the area (£159,813). However, this is likely due to the smaller size of the property compared to the average property size in the area (691 sqft). Considering the condition, location, and size, the price may represent reasonable value for money, especially for first-time buyers or investors.
Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 8
- Condition
- 8
- Location
- 7
- Land
- 3
- Bedrooms
- 2
- Bathrooms
- 1
- Sqft (est)
- 496.61
- Lot (est)
- 542.50
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 131,874.00 £Decreased by 12.47 %
- Est sale value
- 84,423.70 £Decreased by 10.53 %
- Average area rental value
- 1,083.00 £/moIncreased by 0.65 %
- Est letting value
- 496.61 £/moUnchanged by 0.00 %
- Est rental Yield
- 9.85 %Increased by 14.94 %
- Crime Rate
- 11.00 %Unchanged by 0.00 %
Agent Activity
HM Residential marked this listing as sold.
HM Residential created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| The Gateshead Cheder Primary School | Other Independent School | Inadequate | 0.78 KM |
| Bede Community Primary School | Community School | Good | 0.89 KM |
| St Wilfrid'S Roman Catholic Voluntary Aided Primary School | Voluntary Aided School | Good | 0.97 KM |
| Bede Children'S Centre | Children's Centre Linked Site | 0.97 KM | |
| South Street Community Primary School | Community School | Requires improvement | 0.98 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Grand Central Way | £ 0 | 0 | 0.00 KM |
| Cromwell Street | £ 430,000 | 0 | 0.00 KM |
| Highfield Road | £ 0 | 0 | 0.00 KM |
| Kings Close | £ 0 | 0 | 0.00 KM |
| Elliot Road | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Manors | 7603 | MAS | 2.33 KM |
| Newcastle | 7728 | NCL | 3.21 KM |
| Heworth | 7766 | HEW | 3.90 KM |
| Dunston | 7744 | DOT | 5.75 KM |
| Metrocentre | 7725 | MCE | 8.30 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| SUNDERLAND ROAD, GATESHEAD | £ 63,000 | BUY | 6 / 10 | 0.00 KM |
| Sunderland Road, Gateshead, Tyne And Wear, NE8 | £ 35,000 | BUY | 4 / 10 | 0.00 KM |
| Sunderland Road, Gateshead, Tyne and Wear | £ 45,000 | BUY | 5 / 10 | 0.02 KM |
| Kipling Walk, Gateshead, Tyne and Wear, NE8 3NT | £ 65,000 | BUY | 6 / 10 | 0.03 KM |
| St Vincents Court, Gateshead, NE8 | £ 160,000 | BUY | 7 / 10 | 0.28 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 161 Sunderland Road | £ 69,950 | 0.00 KM |
| 163 Sunderland Road | £ 58,000 | 0.00 KM |
| 177 Sunderland Road | £ 11,000 | 0.00 KM |
| 185 Sunderland Road | £ 30,500 | 0.02 KM |
| 203 Sunderland Road | £ 29,100 | 0.02 KM |