According to the public record, 25, Essex Gardens, Gateshead is a period freehold house with 1,636 ft2 of internal area and sits on a 165 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.
25, Essex Gardens, Gateshead has a single entry in the Land Registry database from November 2017 and a single entry in the EPC database dated September 2017.
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 25 Essex Gardens Gateshead as £355,110 and the rental value as £1,511 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of 25 Essex Gardens Gateshead has increased by £5,141 (1.4%) and its rental value has increased by £123 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 25, Essex Gardens, Gateshead is in very good condition we estimate a sale value of £372,865 and rental value of £1,586 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £330,252 and a rental value of £1,405 per month.
If you were able to purchase this property for the estimated value of £355,110, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,745 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, 25, Essex Gardens, Gateshead sits on a plot of 165m2.
We have plot size data on 21 out of 44 other houses in the postcode and 25, Essex Gardens, Gateshead sits on the 14th largest plot.
According to HM Land Registry, 25, Essex Gardens, Gateshead was last sold on 10 Nov 2017 for £240,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Nov 2017, the market for similar properties has risen 18.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 25, Essex Gardens, Gateshead within a radius of 450 metres over the last 2 years.
The most recent example is 14, Essex Gardens, Gateshead, NE9 5BB, a Freehold house which sold for £385,000 in Jul 2023.
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, 25, Essex Gardens, Gateshead is the 7th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £199k more expensive than the average property in NE9.
25, Essex Gardens, Gateshead has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 05 Sep 2017.
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 25, Essex Gardens, Gateshead is Newcastle station which is 2.7 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 25, 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 25, 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 25, 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 25, 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 25, 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.