According to the public record, 1, Addison Gardens, Gateshead is a mid-century house with 764 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Addison Gardens, Gateshead, NE10 is located in the borough of Gateshead within the NE10 postal district.
1, Addison Gardens, Gateshead has no records in the Land Registry database and a single entry in the EPC database dated March 2014.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 1 Addison Gardens Gateshead as £133,542 and the rental value as £895 per month giving an expected gross yield of 8%.
Over the last 12 months the sale value of 1 Addison Gardens Gateshead has increased by £4,289 (3.2%) and its rental value has increased by £89 per month (10.0%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 1, Addison Gardens, Gateshead is in very good condition we estimate a sale value of £140,219 and rental value of £940 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £124,194 and a rental value of £833 per month.
If you were able to purchase this property for the estimated value of £133,542, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £656 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Addison Gardens, Gateshead within a radius of 520 metres over the last 2 years.
The most recent example is 7, Morris Gardens, Gateshead, NE10 8TH, a Freehold house which sold for £130,000 in May 2023.
Read more about house prices in NE10.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Addison Gardens, Gateshead, NE10 has a total of 8 addresses. According to our analysis of all the public data, 1, Addison Gardens, Gateshead is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £23k less expensive than the average property in NE10.
1, Addison Gardens, Gateshead has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 25 Mar 2014.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 1, Addison Gardens, Gateshead is Heworth station which is 1.3 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 1, Addison Gardens, Gateshead, 36.0% of property is privately owned with a mortgage and 30.7% is socially rented.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 1, Addison Gardens, Gateshead, 17.6% of residents are recorded as possessing school level qualifications and 30.4% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 1, Addison Gardens, Gateshead, the average age was 41.4 and the most common age was 57.
The graph below shows how this compares to North East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 1, Addison Gardens, Gateshead, 0.0% of property was a second home.
Comparison figures for North East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 1, Addison Gardens, Gateshead, there are an average of 1.1 cars per household.
See below for how this compares to North East and the rest of England & Wales.