According to the public record, 23, Devon Gardens, Gateshead is a period freehold house with 1,453 ft2 of internal area and sits on a 190 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Devon Gardens, Gateshead, NE9 is located in the borough of Gateshead within the NE9 postal district.
23, Devon Gardens, Gateshead has a single entry in the Land Registry database from October 2020 and a single entry in the EPC database dated June 2020.
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 Devon Gardens Gateshead as £347,374 and the rental value as £1,478 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of 23 Devon Gardens Gateshead has increased by £5,029 (1.4%) and its rental value has increased by £121 per month (8.2%).
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, Devon Gardens, Gateshead is in very good condition we estimate a sale value of £364,743 and rental value of £1,552 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £323,058 and a rental value of £1,374 per month.
If you were able to purchase this property for the estimated value of £347,374, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,707 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, Devon Gardens, Gateshead sits on a plot of 190m2.
We have plot size data on 13 out of 34 other houses in the postcode and 23, Devon Gardens, Gateshead sits on the 12th largest plot.
According to HM Land Registry, 23, Devon Gardens, Gateshead was last sold on 09 Oct 2020 for £265,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Oct 2020, the market for similar properties has risen 10.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 23, Devon Gardens, Gateshead within a radius of 450 metres over the last 2 years.
The most recent example is 5, Devon Gardens, Gateshead, NE9 5BA, a Freehold house which sold for £375,000 in Aug 2022.
Read more about house prices in NE9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Devon Gardens, Gateshead, NE9 has a total of 34 addresses. According to our analysis of all the public data, 23, Devon Gardens, Gateshead is the 24th largest and the 25th most expensive property on the street.
When compared to the postcode district it is £191k more expensive than the average property in NE9.
23, Devon Gardens, Gateshead has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 10 Jun 2020.
The property is connected to mains gas and has single glazed windows. It is heated using room heaters.
The closest station to 23, Devon Gardens, Gateshead is Newcastle station which is 2.7 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 23, Devon Gardens, Gateshead, 51.9% of property is privately owned outright and 46.7% is privately owned with a mortgage.
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, Devon Gardens, Gateshead, 20.0% of residents are recorded as possessing school level qualifications and 55.2% 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, Devon Gardens, Gateshead, the average age was 38.5 and the most common age was 27.
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, Devon Gardens, Gateshead, 1.1% 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, Devon Gardens, Gateshead, there are an average of 1.6 cars per household.
See below for how this compares to North East and the rest of England & Wales.