According to the public record, 23, Colton Gardens, Gateshead is a mid-century freehold house with 807 ft2 of internal area and sits on a 188 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Colton Gardens, Gateshead, NE9 is located in the borough of Gateshead within the NE9 postal district.
23, Colton Gardens, Gateshead has a single entry in the Land Registry database from January 2014 and a single entry in the EPC database dated June 2013.
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 23 Colton Gardens Gateshead as £159,987 and the rental value as £974 per month giving an expected gross yield of 7.3%.
Over the last 12 months the sale value of 23 Colton Gardens Gateshead has increased by £4,382 (2.7%) and its rental value has increased by £96 per month (9.9%).
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 23, Colton Gardens, Gateshead is in very good condition we estimate a sale value of £167,986 and rental value of £1,023 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £148,788 and a rental value of £906 per month.
If you were able to purchase this property for the estimated value of £159,987, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £786 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, 23, Colton Gardens, Gateshead sits on a plot of 188m2.
We have plot size data on 14 out of 26 other houses in the postcode and 23, Colton Gardens, Gateshead sits on the 12th largest plot.
According to HM Land Registry, 23, Colton Gardens, Gateshead was last sold on 31 Jan 2014 for £90,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jan 2014, the market for similar properties has risen 30.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 23, Colton Gardens, Gateshead within a radius of 540 metres over the last 2 years.
The most recent example is 56, Grisedale Gardens, Gateshead, NE9 6NP, a Freehold house which sold for £159,950 in Aug 2023.
Read more about house prices in NE9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Colton Gardens, Gateshead, NE9 has a total of 35 addresses. According to our analysis of all the public data, 23, Colton Gardens, Gateshead is the 7th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £3k more expensive than the average property in NE9.
23, Colton Gardens, Gateshead has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 Jun 2013.
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 23, Colton Gardens, Gateshead is Heworth station which is 3.3 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 23, Colton Gardens, Gateshead, 37.5% of property is socially rented and 29.7% 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 23, Colton Gardens, Gateshead, 20.6% of residents are recorded as possessing school level qualifications and 19.6% 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 23, Colton 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 23, Colton 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 23, Colton Gardens, Gateshead, there are an average of 0.9 cars per household.
See below for how this compares to North East and the rest of England & Wales.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.