According to the public record, 3, Redwood Gardens, Gateshead is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 967 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Redwood Gardens, Gateshead, NE11 is located in the borough of Gateshead within the NE11 postal district.
3, Redwood Gardens, Gateshead has a single entry in the Land Registry database from June 2011 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.
•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 3 Redwood Gardens Gateshead as £157,408 and the rental value as £976 per month giving an expected gross yield of 7.4%.
Over the last 12 months the sale value of 3 Redwood Gardens Gateshead has increased by £3,076 (2.0%) and its rental value has increased by £90 per month (9.2%).
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 3, Redwood Gardens, Gateshead is in very good condition we estimate a sale value of £165,278 and rental value of £1,025 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £146,389 and a rental value of £908 per month.
If you were able to purchase this property for the estimated value of £157,408, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £774 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, Redwood Gardens, Gateshead was last sold on 24 Jun 2011 for £130,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jun 2011, the market for similar properties has risen 35.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Redwood Gardens, Gateshead within a radius of 1.1 kilometres over the last 2 years.
The most recent example is 14, Silverwood Gardens, Gateshead, NE11 0DQ, a Freehold house which sold for £160,000 in Oct 2023.
Read more about house prices in NE11.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Redwood Gardens, Gateshead, NE11 has a total of 12 addresses. According to our analysis of all the public data, 3, Redwood Gardens, Gateshead is the 2nd largest and the most expensive property on the street.
When compared to the postcode district it is £25k more expensive than the average property in NE11.
The closest station to 3, Redwood Gardens, Gateshead is Dunston station which is 1.8 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 3, Redwood Gardens, Gateshead, 36.9% of property is privately owned with a mortgage and 28.4% is socially rented.
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, Redwood Gardens, Gateshead, 18.6% of residents are recorded as possessing school level qualifications and 23.8% 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 3, Redwood 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 3, Redwood 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 3, Redwood Gardens, Gateshead, there are an average of 1.1 cars per household.
See below for how this compares to North East and the rest of England & Wales.