According to the public record, 1, Morland Gardens, Gateshead is a early-century freehold house with 957 ft2 of internal area and sits on a 257 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Morland Gardens, Gateshead, NE9 is located in the borough of Gateshead within the NE9 postal district.
1, Morland Gardens, Gateshead has a single entry in the Land Registry database from February 2014 and a single entry in the EPC database dated November 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 Morland Gardens Gateshead as £109,362 and the rental value as £695 per month giving an expected gross yield of 7.6%.
Over the last 12 months the sale value of 1 Morland Gardens Gateshead has increased by £3,962 (3.6%) and its rental value has increased by £75 per month (10.8%).
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, Morland Gardens, Gateshead is in very good condition we estimate a sale value of £114,830 and rental value of £730 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £101,707 and a rental value of £646 per month.
If you were able to purchase this property for the estimated value of £109,362, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £537 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, Morland Gardens, Gateshead sits on a plot of 257m2.
We have plot size data on 1 out of 4 other houses in the postcode and 1, Morland Gardens, Gateshead sits on the largest plot.
According to HM Land Registry, 1, Morland Gardens, Gateshead was last sold on 28 Feb 2014 for £83,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Feb 2014, the market for similar properties has risen 31.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Morland Gardens, Gateshead within a radius of 500 metres over the last 2 years.
The most recent example is 4, Gainsborough Crescent, Gateshead, NE9 5NX, a Freehold house which sold for £100,000 in May 2023.
Read more about house prices in NE9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Morland Gardens, Gateshead, NE9 has a total of 4 addresses. According to our analysis of all the public data, 1, Morland Gardens, Gateshead is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £47k less expensive than the average property in NE9.
1, Morland Gardens, Gateshead has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 07 Nov 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, Morland Gardens, Gateshead is Heworth station which is 1.7 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, Morland Gardens, Gateshead, 37.8% of property is privately owned with a mortgage and 23.4% 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, Morland Gardens, Gateshead, 22.6% of residents are recorded as possessing school level qualifications and 24.8% 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, Morland Gardens, Gateshead, the average age was 37.2 and the most common age was 7.
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, Morland 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, Morland 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.