Page 12 - HopperHouse_DevelopmentBrochure

INVESTMENT CASE

SALES MARKET RENTAL MARKET

Gateshead was home to 1,132 housing transactions between July and

December 2016. According to Zoopla, house values there have risen by

17.66% over the past five years.

£121,677 4.7% £641 6.6%

The current average Gateshead, like many “With a huge choice of housing Gateshead has a Average buy-to-let yields in Gateshead was flagged as one Gateshead was found
Gateshead are 6.6%.
to be the second
of the ten best buy-to-let locations
current average
asking price for a home places in the UK, has on offer, from executive asking rent of £641, in the UK in summer 2017 when highest area of the UK
in Gateshead stands at lower house prices than apartments to family housing, according to Zoopla. calculated based on house prices, for rental yields as at
£121,677. in 2007 – prices were Gateshead is continuing to build local salaries and rental returns. summer 2017.
4.7% below 2007 values for the future.” Invest Gateshead
at the time of writing.

HOUSING TRANSACTIONS BETWEEN JULY AND DECEMBER 2016 AVERAGE RENTAL VALUES IN GATESHEAD

£244,629 £182 per sq ft. £2000 £1982
3.4 average bedrooms
£250,000 £226,117
Average paid in last 12m £1750
£225,000 £1500 £1327

£200,000 £150,631 £159 per sq ft. £1250 £1165
Average current value £150,000 Average paid in last 12m £135,516 143 per sq ft. £135,516 143 per sq ft. £ Price per calendar month £1000 £627 £649 £743
£175,000
2.9 average bedrooms
£147,127
3.0 average bedrooms
£135,744
£750
Average paid in last 12m
3.0 average bedrooms
£125,000
£135,744
Average paid in last 12m
£500
£100,000
£250 £377 £465
£75,000
Detached Semi-Detached Terraced Flat £0
1 Bedroom 2 Bedroom 3 Bedroom 4 bedroom