According to the public record, 24, Meldon Gardens, Gateshead is a mid-century house with 645 ft2 of internal area.
Houses of this size in this area normally have 2 bedrooms with a garden.
Meldon Gardens, Gateshead, NE11 is located in the borough of Gateshead within the NE11 postal district.
24, Meldon Gardens, Gateshead has no records in the Land Registry database and a single entry in the EPC database dated January 2021.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
•Public data including the Land Registry and EPC Register is processed and republished under the Government Open Data Licence.
•All values are estimates based on available data. All data and other content are provided subject to our Terms & Conditions.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 24 Meldon Gardens Gateshead as £144,516 and the rental value as £904 per month giving an expected gross yield of 7.5%.
Over the last 12 months the sale value of 24 Meldon Gardens Gateshead has increased by £4,116 (2.8%) and its rental value has increased by £92 per month (10.1%).
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, Meldon Gardens, Gateshead is in very good condition we estimate a sale value of £151,742 and rental value of £949 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £134,400 and a rental value of £840 per month.
If you were able to purchase this property for the estimated value of £144,516, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £710 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 24, Meldon Gardens, Gateshead within a radius of 790 metres over the last 2 years.
The most recent example is 6, Alwinton Gardens, Gateshead, NE11 0AP, a Freehold house which sold for £105,000 in Dec 2021.
Read more about house prices in NE11.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Meldon Gardens, Gateshead, NE11 has a total of 34 addresses. According to our analysis of all the public data, 24, Meldon Gardens, Gateshead is the 29th largest and the 28th most expensive property on the street.
When compared to the postcode district it is £12k more expensive than the average property in NE11.
24, Meldon Gardens, Gateshead has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 11 Jan 2021.
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, Meldon Gardens, Gateshead is Dunston station which is 1.5 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 24, Meldon Gardens, Gateshead, 50.0% of property is privately owned outright and 40.0% 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, Meldon Gardens, Gateshead, 10.1% of residents are recorded as possessing school level qualifications and 24.8% 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, Meldon Gardens, Gateshead, the average age was 43.3 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 24, Meldon 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 24, Meldon Gardens, 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.