According to the public record, 16, Raeburn Gardens, Gateshead is a early-century house with 828 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Raeburn Gardens, Gateshead, NE9 is located in the borough of Gateshead within the NE9 postal district.
16, Raeburn Gardens, Gateshead has no records in the Land Registry database and a single entry in the EPC database dated August 2010.
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 16 Raeburn Gardens Gateshead as £89,319 and the rental value as £589 per month giving an expected gross yield of 7.9%.
Over the last 12 months the sale value of 16 Raeburn Gardens Gateshead has increased by £3,236 (3.6%) and its rental value has increased by £64 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 16, Raeburn Gardens, Gateshead is in very good condition we estimate a sale value of £93,785 and rental value of £618 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £83,066 and a rental value of £547 per month.
If you were able to purchase this property for the estimated value of £89,319, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £439 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 16, Raeburn Gardens, Gateshead within a radius of 500 metres over the last 2 years.
The most recent example is 2, Hadrian Place, Gateshead, NE9 5QD, a Freehold house which sold for £90,000 in Oct 2023.
Read more about house prices in NE9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Raeburn Gardens, Gateshead, NE9 has a total of 26 addresses. According to our analysis of all the public data, 16, Raeburn Gardens, Gateshead is the 5th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £67k less expensive than the average property in NE9.
16, Raeburn Gardens, Gateshead has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 31 Aug 2010.
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 16, Raeburn Gardens, Gateshead is Heworth station which is 1.8 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 16, Raeburn 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 16, Raeburn 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 16, Raeburn 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 16, Raeburn 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 16, Raeburn 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.