56 Ovett Gardens, Gateshead, NE8 3JH

UPRN:10022998121Purpose Built Flat2 bedsBuilt 2003-2006

LeaseholdCouncil Tax: Band AEPC: C (77)

Data freshness:Listing· freshPrice Paid· freshEPC· 6mo agoRisk· 5mo agoConnectivity· 1mo agoAmenities· 1mo agoArea· Census 2021

HP Score

/ 100

Mixed

Verdict

yesterday

Verdict: INVESTIGATE, on a scale of Buy, Investigate, Avoid.
Mixed signals - investigate

Evidence

20 of 21 sources

Sale Estimate

£95,000

£90k - £99kHigh

Estimate

£95k

Range

£90k – £99k

Rent Estimate (pcm)

£700

£650 - £700

Monthly

£700

Yield

9.33%

Verdict

Derived from HomePortfolio scores

56 Ovett Gardens earns an INVESTIGATE rating with HP Score 55/100. Investment score 59/100 reflects moderate fundamentals. Crime intensity is elevated. Walkability is limited (51/100). Flood risk is not assessed: check the Environment Agency long-term flood map before offering. Tenure is leasehold. Every figure here comes from the live HomePortfolio API; anything it does not publish is left out.

Key SourcesEPC RegisterPortal listingsOfcom Connected NationsOfcom mobile coverageMarket estimates (third-party AVM)HM Land Registry sales matched to addressDefra strategic noise mapping, England Round 4 (Contains Defra data © Crown copyright and database right 2023-2024, Open Government Licence v3.0)Walk ScoreONS Census 2021Police.ukHM Land Registry company ownershipHM Land Registry covenantsHM Land Registry leasesHM Land Registry Price PaidPlanIt / council planning portalsOverture Maps PlacesOfsted / DfE GIAS

HP Score

55/ 100

Mixed

Investment Score

59/ 100

Moderate

Crime Score

85/ 100

Elevated

Walkability

51/ 100

Moderate

Transit & Bike

Transit 33Bike 54

Walk Score, out of 100

Opportunity

Why this could be an opportunity

Low confidence1 independent sourceLead to verifyListing checked 3 Nov 2026

This rests largely on a single source. Treat the score as a prompt to investigate, not a conclusion.

Check before relying on this score: leasehold with no service charge disclosed - the stress test assumes GBP 0. It ranks after every home whose inputs are verified.

Valuation edge0/15
claims [AVM +5.3% (HIGH), sold-comps -20.0%, £/sqft -20.5%] → measured edge +0.00pp of the ask; on later-registered sales an AVM discount carried no edge and a sold-evidence gap at most +0.5pp
Market estimate used (HIGH confidence) · snapshot 12 Oct 2026
- valuation_snapshotsestimate for 10022998121· as of 12 Oct 2026
- property_comparablessold-evidence family (implied value + £/sqft): 12 comps, dispersion 15.3%· as of 31 Oct 2026
Rental economics34.7/40
gross yield 9.3%; range width penalty ×1.00
- valuation_snapshotsrent estimate 700/mo (range 650-700)· as of 12 Oct 2026· verify before relying on this
Stress margin0.7/30
stressed cash flow +5/mo, +1% of rent (6.75% on a 75% loan; no service charge or ground rent disclosed); passes the stress; leasehold with no service charge disclosed - the stress assumes GBP 0
- underwriting_assumptionscosts not disclosed by the advert· as of 3 Nov 2026· verify before relying on this
Seller motivationNot scored
context, not scored: 1 price cut(s), 105 days on market; homes with a cut sold 0.2-0.3pp further below the cut ask, which is not an edge
- portal_listingsprice_changes + first_published_date· as of 3 Nov 2026
Risk & liquidity14.7/15
342 sales/12mo in area; valuation range width 9%
- property_intelligencetransactions_12mo

4 of 4 components scored. Ranks on gross yield, the stress margin, risk and disclosed facts. A pricing claim earns only its measured edge: today 0 for the market estimate and at most +0.5pp for sold evidence. The score itself is not yet checked against the outcomes of homes it scored.

Economics

What happens to your money

Price sensitivity

£67,500£103,500

The same scorer re-run at hypothetical asking prices, holding rent, comps and listing history constant. Not a prediction of what the seller would accept.

Your assumptions

Purchase price£90,000

At the asking price

Monthly rent£700/mo

Evidenced range £650-£700

Interest rate5.4%

Loan to value75%

Cash required: £28,300
Net cash flow: £181/mo
Cash on cash: 7.7%
Score at this price: 50

After a 8% void allowance, 15% management and 10% maintenance. Lender coverage (rent ÷ interest): 2.30 - clears the usual 1.25 test. These are your assumptions, not evidence: only the pre-filled rent and price come from the record.

Evidence

Where every number comes from

valuation_snapshotsestimate for 10022998121Valuation edge · as of 12 Oct 2026
property_comparablessold-evidence family (implied value + £/sqft): 12 comps, dispersion 15.3%Valuation edge · as of 31 Oct 2026
valuation_snapshotsrent estimate 700/mo (range 650-700)Rental economics · as of 12 Oct 2026 · verify before relying on this
underwriting_assumptionscosts not disclosed by the advertStress margin · as of 3 Nov 2026 · verify before relying on this
portal_listingsprice_changes + first_published_dateSeller motivation · as of 3 Nov 2026

Risks

What could kill this deal

Score confidence is low
largely a single source - treat the number as a prompt, not a conclusion
Rental economics needs verification before you rely on it
rent estimate 700/mo (range 650-700)
Stress margin needs verification before you rely on it
costs not disclosed by the advert

Plan

Before you offer

1. Get two written rental appraisals from local lettings agents.
The rent estimate rests on area-level evidence, not lettings on this street.
2. Ask the agent why the price was reduced and whether a previous sale fell through.
1 price cut(s) recorded on the listing history.
3. Treat the gap to the estimate as unproven - compare recent sold prices on the street yourself before pricing an offer around it.
On later completions, homes listed below their estimate sold at the same share of the asking price as the rest.
4. Commission a full structural survey, not a basic condition report.
The score prices market evidence, not the fabric of the building.

Valuation & Market

Sale Estimate£95,000

Rent Estimate (pcm)£700

Gross Yield9.33%

1y Growth+27.8%

3y Growth+1.4%

5y Growth+0.8%

10y Growth+0.4%

Last Sold Price£102,500 (2010-03-01)

View Market Details

Risk Overview

Flood RiskUnknown
SubsidenceModerate
RadonLow
MiningUnknown
LandslideModerate
Air QualityLow
NoiseLow

View Full Risk Report

Planning Activity

Recent Apps

1NE8 3JH

Approval Rate

-12mo

Development

low

DC/26/00824/FUL
The erection of a security fence and access gate
Pending
DC/26/00807/NMA
Non-Material Amendment of Planning Application DC/23/00951/COU to allow the re-wording of condition 3 (cycle parking) removing the trigger and converting it to an implementation condition.
Pending
24/00315/DOC1
Discharge of conditions 6 (Noise Mitigation), 8 (Window Details), 10 (Motorcycle/Cycle Park Details), 12 (Bin Storage Details) and 13 (Digital Infrastructure) of planning application DC/24/00315/COU.
Approved

View Planning Timeline