According to the public record, 2, Parklands Court, Gateshead is a modern leasehold house with 925 ft2 of internal area and sits on a 178 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Parklands Court, Gateshead, NE10 is located in the borough of Gateshead within the NE10 postal district.
2, Parklands Court, Gateshead has a single entry in the Land Registry database from November 2016 and a single entry in the EPC database dated August 2016.
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 Parklands Court Gateshead as £211,987 and the rental value as £1,079 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of 2 Parklands Court Gateshead has increased by £5,038 (2.4%) and its rental value has increased by £96 per month (8.9%).
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, Parklands Court, Gateshead is in very good condition we estimate a sale value of £222,586 and rental value of £1,133 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £197,147 and a rental value of £1,004 per month.
If you were able to purchase this property for the estimated value of £211,987, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,042 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, Parklands Court, Gateshead sits on a plot of 178m2.
We have plot size data on 19 out of 45 other houses in the postcode and 2, Parklands Court, Gateshead sits on the 13th largest plot.
According to HM Land Registry, 2, Parklands Court, Gateshead was last sold on 11 Nov 2016 for £164,950 and was recorded as a leasehold house.
The property has only had this single sale since 1995.
Since Nov 2016, the market for similar properties has risen 25.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Parklands Court, Gateshead within a radius of 640 metres over the last 2 years.
The most recent example is 37, Parklands Way, Gateshead, NE10 8GA, a Freehold house which sold for £230,000 in May 2024.
Read more about house prices in NE10.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Parklands Court, Gateshead, NE10 has a total of 45 addresses. According to our analysis of all the public data, 2, Parklands Court, Gateshead is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £55k more expensive than the average property in NE10.
2, Parklands Court, Gateshead has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 02 Aug 2016.
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, Parklands Court, Gateshead is Heworth station which is 1.5 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 2, Parklands Court, Gateshead, 54.5% of property is privately owned with a mortgage and 37.0% 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, Parklands Court, Gateshead, 20.3% of residents are recorded as possessing school level qualifications and 31.3% 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, Parklands Court, Gateshead, the average age was 45.1 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, Parklands Court, Gateshead, 0.8% 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, Parklands Court, Gateshead, there are an average of 1.5 cars per household.
See below for how this compares to North East and the rest of England & Wales.