According to the public record, 1, Highlaws Gardens, Gateshead is a mid-century freehold house with 850 ft2 of internal area and sits on a 179 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Highlaws Gardens, Gateshead, NE9 is located in the borough of Gateshead within the NE9 postal district.
1, Highlaws Gardens, Gateshead has a single entry in the Land Registry database from March 2016 and a single entry in the EPC database dated February 2023.
We combine this information with that 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 Highlaws Gardens Gateshead as £126,442 and the rental value as £828 per month giving an expected gross yield of 7.9%.
Over the last 12 months the sale value of 1 Highlaws Gardens Gateshead has increased by £4,564 (3.6%) and its rental value has increased by £91 per month (11.0%).
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, Highlaws Gardens, Gateshead is in very good condition we estimate a sale value of £132,765 and rental value of £870 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £117,591 and a rental value of £770 per month.
If you were able to purchase this property for the estimated value of £126,442, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £621 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 data from HM Land Registry, 1, Highlaws Gardens, Gateshead sits on a plot of 179m2.
We have plot size data on 15 out of 31 other houses in the postcode and 1, Highlaws Gardens, Gateshead sits on the 4th largest plot.
According to HM Land Registry, 1, Highlaws Gardens, Gateshead was last sold on 14 Mar 2016 for £85,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Mar 2016, the market for similar properties has risen 30.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Highlaws Gardens, Gateshead within a radius of 550 metres over the last 2 years.
The most recent example is 31, Greystoke Gardens, Gateshead, NE9 6PB, a Freehold house which sold for £124,950 in Dec 2023.
Read more about house prices in NE9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Highlaws Gardens, Gateshead, NE9 has a total of 50 addresses. According to our analysis of all the public data, 1, Highlaws Gardens, Gateshead is the 9th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £30k less expensive than the average property in NE9.
1, Highlaws Gardens, Gateshead has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 Feb 2023.
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, Highlaws Gardens, Gateshead is Heworth station which is 3.7 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, Highlaws Gardens, Gateshead, 62.3% of property is socially rented and 12.3% is privately owned outright.
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, Highlaws Gardens, Gateshead, 17.2% of residents are recorded as possessing school level qualifications and 13.8% 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, Highlaws Gardens, Gateshead, the average age was 43.7 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, Highlaws 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, Highlaws Gardens, Gateshead, there are an average of 0.6 cars per household.
See below for how this compares to North East and the rest of England & Wales.