According to the public record, 2 Garden Cottage, Gateshead is a early-century freehold house with 624 ft2 of internal area and sits on a 64.9 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Larne Crescent, Gateshead, NE9 is located in the borough of Gateshead within the NE9 postal district.
2 Garden Cottage, Gateshead has a single entry in the Land Registry database from December 2011 and a single entry in the EPC database dated May 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 2 Garden Cottage Gateshead as £172,395 and the rental value as £903 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of 2 Garden Cottage Gateshead has increased by £6,343 (3.7%) and its rental value has increased by £98 per month (10.9%).
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 2 Garden Cottage, Gateshead is in very good condition we estimate a sale value of £181,015 and rental value of £948 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £160,328 and a rental value of £840 per month.
If you were able to purchase this property for the estimated value of £172,395, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £847 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, 2 Garden Cottage, Gateshead sits on a plot of 65m2.
We have plot size data on 22 out of 36 other houses in the postcode and 2 Garden Cottage, Gateshead sits on the 21st largest plot.
According to HM Land Registry, 2 Garden Cottage, Gateshead was last sold on 07 Dec 2011 for £55,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Dec 2011, the market for similar properties has risen 36.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2 Garden Cottage, Gateshead within a radius of 480 metres over the last 2 years.
The most recent example is 45, Glynwood Gardens, Gateshead, NE9 5RS, a Freehold house which sold for £184,000 in Aug 2023.
Read more about house prices in NE9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Larne Crescent, Gateshead, NE9 has a total of 54 addresses. According to our analysis of all the public data, 2 Garden Cottage, Gateshead is the 49th largest and the 48th most expensive property on the street.
When compared to the postcode district it is £16k more expensive than the average property in NE9.
2 Garden Cottage, Gateshead has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 May 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 2 Garden Cottage, Gateshead is Heworth station which is 2.8 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 2 Garden Cottage, Gateshead, 40.0% of property is privately owned with a mortgage and 34.4% 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 2 Garden Cottage, Gateshead, 19.9% of residents are recorded as possessing school level qualifications and 46.1% 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 2 Garden Cottage, Gateshead, the average age was 43.8 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 2 Garden Cottage, 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 2 Garden Cottage, Gateshead, there are an average of 1.2 cars per household.
See below for how this compares to North East and the rest of England & Wales.