# 3 bedroom terraced house for sale (DH3 1BE)

## Property Details

| Key | Value |
|-----|-------|
| Address | 61 HIGHRIDGE, CHESTER LE STREET, BIRTLEY, TYNE AND WEAR DH3 1BE |
| Price | £116,000 |
| Bedrooms | 3 |
| Last sold | £118,500 May 2007 |

## Description

IDEAL FAMILY HOME!  An improved end terraced house offering accommodation of entrance lobby, lounge, breakfasting kitchen with appliances.  To the first floor three bedrooms and bathroom/wc.    Warmed by gas central heating and improved with double glazing.   Externally gardens to front and rear with off road parking to side.  Viewing recommended.   

**Accommodation Comprises** 

**ENTRANCE LOBBY** 

Laminate style flooring, radiator. 

**LOUNGE** 5.18m (17')  x 2.94m (9'8) measured to chimney breast.

Living flame inset fire with surround. Laminate style flooring, two radiators. Window to front and rear. 

**BREAKFASTING KITCHEN** m (')  x 3.96m (13') 

With wall and floor units incorporating stainless steel sink and mixer tap. Built in oven, hob and hood. Fridge freezer and under bench dishwasher. Tile effect laminate style flooring, radiator. Window to front. French doors to garden. 

**LOBBY** 

Stairs to first floor. Window to rear. 

**BATHROOM** 

Comprises wash basin and wc, tiling to floor and tiled splash back. Window to front. 

**REAR BEDROOM** 3.4m (11'2)  x 3.32m (10'11) 

Built in cupboard, laminate style flooring, radiator. 

**FRONT BEDROOM** 2.58m (8'6)  x 2.43m (8') 

Laminate style flooring, radiator. Window to front. 

**REAR BEDROOM** 3.45m (11'4)  x 2.72m (8'11) 

Laminate style flooring, radiator. Window to rear. 

**EXTERIOR** 

Garden to front. Rear garden with patio and gravel area. Off road parking. 

**The Agent of the North** 

Andrew Craig is The Agent of the North and as Chartered Surveyors we can help you with all your Residential and Commercial property needs. Sales, Mortgages, Lettings, Property Management, Auctions, Surveys and Valuations. Call now on 0845 226 1 222

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In accordance with the Property Misdescriptions ACT (1991) we have prepared these sales particulars as a general guide to give a broad description of the property. They are not intended to constitute part of an offer or contract. We have not carried out a structural survey and the services, appliances and specific fittings have not been tested. All photographs, measurements, floor plans and distances referred to are given as a guide only and should not be relied upon for the purchase of carpets or any other fixtures or fittings. Tenure and boundary information are given as a guide only and should be checked and confirmed by your Solicitor prior to exchange of contracts.

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**These details have been prepared in good faith from information taken during our inspection of the property. They have not yet been verified by the seller and should therefore not be relied on in any way and used for general information only.**

## Property Photos

- ![Photo](/listings/photos/24100193/1312806)
- ![Photo](/listings/photos/24100193/1312807)
- ![Photo](/listings/photos/24100193/1312809)
- ![Photo](/listings/photos/24100193/1312810)
- ![Photo](/listings/photos/24100193/1312811)

## Sales History

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| 61 HIGHRIDGE, BIRTLEY, CHESTER LE STREET, GATESHEAD, TYNE AND WEAR, DH3 1BE | £118,500 | 23/05/2007 | Detached |

## Sold Comparables

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| 30 DENNISON CRESCENT, BIRTLEY, CHESTER LE STREET, GATESHEAD, TYNE AND WEAR, DH3 1NN | £108,000 | 18/11/2025 | Terraced |
| 2 EGTON TERRACE, BIRTLEY, CHESTER LE STREET, GATESHEAD, TYNE AND WEAR, DH3 1LX | £180,000 | 03/11/2023 | Terraced |
| 3 ESK TERRACE, BIRTLEY, CHESTER LE STREET, GATESHEAD, TYNE AND WEAR, DH3 1LT | £225,017 | 11/08/2023 | Terraced |
| 14 MOUNT ROAD, BIRTLEY, CHESTER LE STREET, GATESHEAD, TYNE AND WEAR, DH3 1BB | £125,000 | 04/08/2023 | Terraced |
| 140 MOUNT ROAD, BIRTLEY, CHESTER LE STREET, GATESHEAD, TYNE AND WEAR, DH3 1BL | £140,000 | 19/12/2022 | Terraced |
| 18 WOODBINE TERRACE, BIRTLEY, CHESTER LE STREET, GATESHEAD, TYNE AND WEAR, DH3 1AJ | £104,000 | 05/12/2022 | Terraced |
| 20 HIGHRIDGE, BIRTLEY, CHESTER LE STREET, GATESHEAD, TYNE AND WEAR, DH3 1BD | £115,000 | 14/11/2022 | Terraced |
| 30 WOODBINE TERRACE, BIRTLEY, CHESTER LE STREET, GATESHEAD, TYNE AND WEAR, DH3 1AJ | £105,000 | 07/10/2022 | Terraced |
| 6 EGTON TERRACE, BIRTLEY, CHESTER LE STREET, GATESHEAD, TYNE AND WEAR, DH3 1LX | £240,000 | 02/09/2022 | Terraced |
| 10 HUDDART TERRACE, BIRTLEY, CHESTER LE STREET, GATESHEAD, TYNE AND WEAR, DH3 1NE | £124,000 | 29/07/2022 | Terraced |
| 10 HUDDART TERRACE, BIRTLEY, CHESTER LE STREET, GATESHEAD, TYNE AND WEAR, DH3 1NE | £117,500 | 30/06/2022 | Terraced |
| 10 MOUNT COURT, BIRTLEY, CHESTER LE STREET, GATESHEAD, TYNE AND WEAR, DH3 1DA | £75,000 | 26/05/2022 | Terraced |
| 14 WOODBINE TERRACE, BIRTLEY, CHESTER LE STREET, GATESHEAD, TYNE AND WEAR, DH3 1AJ | £100,000 | 22/04/2022 | Terraced |
| 65 MOUNT ROAD, BIRTLEY, CHESTER LE STREET, GATESHEAD, TYNE AND WEAR, DH3 1BJ | £166,000 | 20/12/2021 | Terraced |
| 14 HIGHRIDGE, BIRTLEY, CHESTER LE STREET, GATESHEAD, TYNE AND WEAR, DH3 1BD | £105,000 | 04/11/2021 | Terraced |
| 34 FELLCROSS, BIRTLEY, CHESTER LE STREET, GATESHEAD, TYNE AND WEAR, DH3 1BH | £94,000 | 12/10/2021 | Terraced |
| 49 FELLCROSS, BIRTLEY, CHESTER LE STREET, GATESHEAD, TYNE AND WEAR, DH3 1BQ | £130,000 | 17/09/2021 | Terraced |
| 3 PRIMROSE TERRACE, BIRTLEY, CHESTER LE STREET, GATESHEAD, TYNE AND WEAR, DH3 1AL | £135,000 | 20/08/2021 | Terraced |
| 19 PRIMROSE TERRACE, BIRTLEY, CHESTER LE STREET, GATESHEAD, TYNE AND WEAR, DH3 1AL | £95,000 | 23/07/2021 | Terraced |

**Area average:** £130,711 (19 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £179,618 (26 Terraced, DH3, 2024–2026)
- **Deviation:** -35.4%

## 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 Durham (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £474/mo

## 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 |
|------|------|------|------|------|
| 3 Bed Semi-Detached House, Whernside Close, NE37 | £900/mo | 3 | 1.24 miles | OpenRent |

**Average rent: £900/mo (1 listing)**

## 1% Rule

- **Rent ratio:** 0.78% (weak for cashflow)
- **Max investor price (0.8%):** £112,500
- **Target investor price (1%):** £90,000

*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 £900/mo).*

- **Gross yield:** 9.3%
- **Cost-to-rent:** 10.7×
- **Monthly cashflow:** £328/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 11.7%

*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).*

## Capital growth trend

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

- **5y growth:** 43.2%
- **10y growth:** 46.7%

## House Price Index (HM Land Registry)

*Official index for Gateshead; Terraced series; as of April 2026.*

- **1y growth (index):** 7.5%
- **5y growth (index):** 19.9%
- **10y growth (index):** 41.9%

## 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)