According to the public record, 34, Parklands Way, Gateshead is a modern freehold house with 2,066 ft2 of internal area and sits on a 359 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Parklands Way, Wardley, Gateshead, NE10 is located in the borough of Gateshead within the NE10 postal district.
34, Parklands Way, Gateshead has 31 entries in the Land Registry database, most recently in March 2008 and a single entry in the EPC database dated April 2015.
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 34 Parklands Way Gateshead as £373,665 and the rental value as £1,633 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of 34 Parklands Way Gateshead has increased by £6,183 (1.7%) and its rental value has increased by £133 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 34, Parklands Way, Gateshead is in very good condition we estimate a sale value of £392,348 and rental value of £1,714 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £347,509 and a rental value of £1,518 per month.
If you were able to purchase this property for the estimated value of £373,665, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,836 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, 34, Parklands Way, Gateshead sits on a plot of 359m2.
We have plot size data on 13 out of 21 other houses in the postcode and 34, Parklands Way, Gateshead sits on the 2nd largest plot.
According to HM Land Registry, 34, Parklands Way, Gateshead was last sold on 28 Mar 2008 for £248,950 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Mar 2008, the market for similar properties has risen 28.6%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 34, Parklands Way, Gateshead within a radius of 640 metres over the last 2 years.
The most recent example is Fernbank, Claremont Terrace, Gateshead, NE10 0SJ, a Freehold house which sold for £273,550 in Jul 2018.
Read more about house prices in NE10.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Parklands Way, Wardley, Gateshead, NE10 has a total of 52 addresses. According to our analysis of all the public data, 34, Parklands Way, Gateshead is the largest and the most expensive property on the street.
When compared to the postcode district it is £217k more expensive than the average property in NE10.
34, Parklands Way, Gateshead has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 14 Apr 2015.
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 34, Parklands Way, Gateshead is Heworth station which is 1.6 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 34, Parklands Way, Gateshead, 54.5% of property is privately owned with a mortgage and 37.0% 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 34, Parklands Way, Gateshead, 20.3% of residents are recorded as possessing school level qualifications and 31.3% 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 34, Parklands Way, Gateshead, the average age was 45.1 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 34, Parklands Way, Gateshead, 0.8% 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 34, Parklands Way, Gateshead, there are an average of 1.5 cars per household.
See below for how this compares to North East and the rest of England & Wales.