According to the public record, 3, George Smith Gardens, Gateshead is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 828 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
George Smith Gardens, Gateshead, NE10 is located in the borough of Gateshead within the NE10 postal district.
3, George Smith Gardens, Gateshead has 2 entries in the Land Registry database, most recently in July 2016 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 3 George Smith Gardens Gateshead as £132,185 and the rental value as £871 per month giving an expected gross yield of 7.9%.
Over the last 12 months the sale value of 3 George Smith Gardens Gateshead has increased by £5,536 (4.2%) and its rental value has increased by £97 per month (11.1%).
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 3, George Smith Gardens, Gateshead is in very good condition we estimate a sale value of £138,794 and rental value of £915 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £122,932 and a rental value of £810 per month.
If you were able to purchase this property for the estimated value of £132,185, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £650 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 HM Land Registry, 3, George Smith Gardens, Gateshead was last sold on 12 Jul 2016 for £100,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jul 2016, the market for similar properties has risen 28.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, George Smith Gardens, Gateshead within a radius of 830 metres over the last 2 years.
The most recent example is 40, Friary Gardens, Gateshead, NE10 0AJ, a Freehold house which sold for £76,000 in Apr 2023.
Read more about house prices in NE10.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
George Smith Gardens, Gateshead, NE10 has a total of 31 addresses. According to our analysis of all the public data, 3, George Smith Gardens, Gateshead is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £24k less expensive than the average property in NE10.
The closest station to 3, George Smith Gardens, Gateshead is Heworth station which is 1.2 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 3, George Smith Gardens, Gateshead, 73.5% of property is socially rented and 11.2% 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 3, George Smith Gardens, Gateshead, 26.3% of residents are recorded as possessing school level qualifications and 11.1% 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 3, George Smith Gardens, Gateshead, the average age was 39.7 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 3, George Smith Gardens, Gateshead, 0.4% 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 3, George Smith Gardens, Gateshead, there are an average of 0.6 cars per household.
See below for how this compares to North East and the rest of England & Wales.