According to the public record, 24, Essex Gardens, Gateshead is a period house with 1,485 ft2 of internal area and sits on a 169 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Essex Gardens, Gateshead, NE9 is located in the borough of Gateshead within the NE9 postal district.
24, Essex Gardens, Gateshead has no records in the Land Registry database and a single entry in the EPC database dated February 2020.
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 24 Essex Gardens Gateshead as £337,550 and the rental value as £1,436 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of 24 Essex Gardens Gateshead has increased by £4,887 (1.4%) and its rental value has increased by £117 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 24, Essex Gardens, Gateshead is in very good condition we estimate a sale value of £354,428 and rental value of £1,508 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £313,922 and a rental value of £1,335 per month.
If you were able to purchase this property for the estimated value of £337,550, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,659 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, 24, Essex Gardens, Gateshead sits on a plot of 169m2.
We have plot size data on 21 out of 44 other houses in the postcode and 24, Essex Gardens, Gateshead sits on the 10th largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 24, Essex 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.
Essex Gardens, Gateshead, NE9 has a total of 44 addresses. According to our analysis of all the public data, 24, Essex Gardens, Gateshead is the 9th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £181k more expensive than the average property in NE9.
24, Essex Gardens, Gateshead has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 06 Feb 2020.
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 24, Essex 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 24, Essex 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 24, Essex 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 24, Essex 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 24, Essex 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 24, Essex 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.