# THE GRAINGER 36 NORTH WEST SIDE, GATESHEAD, TYNE AND WEAR, NE8 2BG

## Property details

- Slug: `26a233b` (address key hash: `26a233bcbf76b9162f871b42f2eb2236b792a06e`)
- Postcode: NE8 2BG
- Transactions on record: 3

- Tenure: Leasehold
- Property type: Flat
- Bedrooms: 2
- Bathrooms: 1
- Last sold: £125,000 Mar 2026
- Local average: £94,319 (58 sales)
- Street crime: 405 incidents within 1 mile (Apr 2026)

## Latest sale

- Price: £125,000
- Date: 2026-03-23
- Type: F
- Tenure: L

## Price history

| Event | Date | Price | Type | % change | Today’s value (HPI) | Transaction |
|-------|------|-------|------|--------|---------------------|-------------|
| Sold | 2026-03-23 | £125,000 | Flat | +5% | £125,000 (to March 2026) | [View](http://87.117.209.195:8080/house-prices/4e75c29d-c903-8922-e063-4804a8c094d0) |
| Sold | 2020-03-06 | £119,000 | Flat | -8.5% | £139,787 (to March 2026) | [View](http://87.117.209.195:8080/house-prices/a96e4acc-9f1c-9205-e053-6c04a8c0da09) |
| Sold | 2005-09-30 | £130,000 | Flat | — | £141,127 (to March 2026) | [View](http://87.117.209.195:8080/house-prices/d4d07b75-7e26-4c26-97c5-f64619326a95) |

*Today’s value (HPI): adjusted using published house price index trends for the area and property type; not a valuation of the property today.*

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| THE GRAINGER 36 NORTH WEST SIDE, GATESHEAD, TYNE AND WEAR, NE8 2BG | £125,000 | 23/03/2026 | Flat |
| THE GRAINGER 36 NORTH WEST SIDE, GATESHEAD, TYNE AND WEAR, NE8 2BG | £119,000 | 06/03/2020 | Flat |
| THE GRAINGER 36 NORTH WEST SIDE, GATESHEAD, TYNE AND WEAR, NE8 2BG | £130,000 | 30/09/2005 | Flat |

## Historic listings

Listing activity only where we matched the listing to a Land Registry sale already on record for this address.

- Matched listing: [161326469](http://87.117.209.195:8080/listings/08e9844)

| Event | Date | Price |
|-------|------|-------|
| sold | 2026-01-01 | £125,000 |
| listed | 2025-04-30 | £130,000 |
| sold | 2020-01-01 | £119,000 |
| sold | 2008-01-01 | £148,000 |
| sold | 2006-01-01 | £148,500 |
| sold | 2005-01-01 | £130,000 |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| JUNE COURTYARD 17 NORTH SIDE, GATESHEAD, TYNE AND WEAR, NE8 2DH | £109,000 | 09/01/2026 | Flat |
| SEPTEMBER COURTYARD 7 SUMMERS PASS, GATESHEAD, TYNE AND WEAR, NE8 2DZ | £90,000 | 09/01/2026 | Flat |
| OCTOBER COURTYARD 12 FALL PASS, GATESHEAD, TYNE AND WEAR, NE8 2BQ | £122,000 | 05/12/2025 | Flat |
| OCTOBER COURTYARD 12 FALL PASS, GATESHEAD, TYNE AND WEAR, NE8 2BQ | £126,000 | 22/09/2023 | Flat |
| JULY COURTYARD 16 SUMMERS PASS, GATESHEAD, TYNE AND WEAR, NE8 2DX | £135,500 | 18/08/2023 | Flat |
| THE STEPHENSON 8 NORTH SIDE, GATESHEAD, TYNE AND WEAR, NE8 2BF | £137,000 | 09/08/2023 | Flat |
| JUNE COURTYARD 18 NORTH SIDE, GATESHEAD, TYNE AND WEAR, NE8 2DH | £105,000 | 07/08/2023 | Flat |
| THE ARMSTRONG 32 TYNEMOUTH PASS, GATESHEAD, TYNE AND WEAR, NE8 2GW | £144,000 | 28/07/2023 | Flat |
| THE STEPHENSON 7 NORTH SIDE, GATESHEAD, TYNE AND WEAR, NE8 2BF | £139,950 | 31/05/2023 | Flat |
| THE ARMSTRONG 66 TYNEMOUTH PASS, GATESHEAD, TYNE AND WEAR, NE8 2GW | £140,000 | 03/03/2023 | Flat |
| THE STEPHENSON 6 NORTH SIDE, GATESHEAD, TYNE AND WEAR, NE8 2BF | £148,000 | 10/02/2023 | Flat |
| THE ARMSTRONG 41 TYNEMOUTH PASS, GATESHEAD, TYNE AND WEAR, NE8 2GW | £111,000 | 22/12/2022 | Flat |
| THE ARMSTRONG 57 TYNEMOUTH PASS, GATESHEAD, TYNE AND WEAR, NE8 2GW | £148,000 | 12/12/2022 | Flat |
| THE GRAINGER 49 NORTH WEST SIDE, GATESHEAD, TYNE AND WEAR, NE8 2BG | £133,500 | 02/12/2022 | Flat |
| THE ARMSTRONG 67 TYNEMOUTH PASS, GATESHEAD, TYNE AND WEAR, NE8 2GW | £155,000 | 21/11/2022 | Flat |
| AUGUST COURTYARD 16 NORTH SIDE, GATESHEAD, TYNE AND WEAR, NE8 2DL | £122,500 | 04/11/2022 | Flat |
| THE GRAINGER 4 NORTH WEST SIDE, GATESHEAD, TYNE AND WEAR, NE8 2BG | £145,000 | 29/09/2022 | Flat |
| THE GRAINGER 16 NORTH WEST SIDE, GATESHEAD, TYNE AND WEAR, NE8 2BG | £137,500 | 23/09/2022 | Flat |
| DECEMBER COURTYARD 22 CHRISTMAS PLACE, GATESHEAD, TYNE AND WEAR, NE8 2BS | £110,000 | 07/07/2022 | Flat |
| THE ARMSTRONG 31 TYNEMOUTH PASS, GATESHEAD, TYNE AND WEAR, NE8 2GW | £133,000 | 24/06/2022 | Flat |

**Area average:** £129,598 (20 sales)

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** 6.4%
- **10y growth:** -10%

## House Price Index (HM Land Registry)

*Official index for Gateshead; Flats and maisonettes series; as of March 2026.*

- **1y growth (index):** -2.2%
- **5y growth (index):** 5.8%
- **10y growth (index):** 21.2%

## Rental Range

*ONS Price Index of Private Rents (Gateshead). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £711/mo
- **Realistic:** £790/mo
- **Optimistic:** £869/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Tyneside (Apr 2025 – Mar 2026).*

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 2 Bed Flat, Newcastle, NE1 | £1,195/mo | 2 | 0.65 miles | OpenRent |
| 2 Bed Flat, St James Gate, NE1 | £1,200/mo | 2 | 0.66 miles | OpenRent |
| 2 Bed Flat, Ashfield Close, NE4 | £880/mo | 2 | 0.71 miles | OpenRent |
| 2 Bed Semi-Detached House, Village Heights, NE8 | £1,250/mo | 2 | 0.73 miles | OpenRent |
| 2 Bed Flat, Coatsworth Road, NE8 | £600/mo | 2 | 0.75 miles | OpenRent |
| 2 Bed Flat, Worsdell Drive, NE8 | £1,200/mo | 2 | 0.79 miles | OpenRent |
| 2 Bed Penthouse, Waterloo House, NE1 | £1,395/mo | 2 | 0.87 miles | OpenRent |
| 2 Bed Flat, Elswick Road, NE4 | £800/mo | 2 | 0.88 miles | OpenRent |
| 2 Bed Flat, Westgate Road, NE4 | £1,150/mo | 2 | 0.93 miles | OpenRent |

**Average rent: £1,074/mo (9 listings)**

## 1% Rule

- **Rent ratio:** 0.96% (okay)
- **Max investor price (0.8%):** £149,375
- **Target investor price (1%):** £119,500

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £1,195/mo).*

- **Gross yield:** 11.5%
- **Cost-to-rent:** 8.7×
- **Monthly cashflow:** £558/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 18.5%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)

## Street-level crime

| Category | Count |
|----------|-------|
| Violence and sexual offences | 140 |
| Anti-social behaviour | 79 |
| Criminal damage and arson | 41 |
| Other theft | 26 |
| Public order | 25 |
| Other crime | 21 |
| Shoplifting | 18 |
| Burglary | 16 |
| Vehicle crime | 13 |
| Theft from the person | 9 |
| Robbery | 7 |
| Drugs | 6 |
| Bicycle theft | 3 |
| Possession of weapons | 1 |
| **Total incidents** | **405** |

*Within 1 mile during Apr 2026. Source: data.police.uk (England & Wales).*

## Schools nearby

*Nearest open schools with Ofsted ratings (England). Closed schools are not shown.*

| Name | Type | Distance | Ofsted |
|------|------|----------|--------|
| St Aidan's Church of England Primary School | Primary | 0.4 miles | Good — 17 Jul 2022 |
| Eslington Primary School | Other | 0.4 miles | Outstanding — 2 May 2017 |
| Bensham Grove Nursery School | Nursery | 0.6 miles | Outstanding — 28 Nov 2013 |
| NCG | Other | 0.6 miles | — (No rating) |
| St Philip Neri Catholic Primary School, Dunston | Primary | 0.6 miles | Good — 21 May 2012 |