According to the public record, 37, Raylees Gardens, Gateshead is a mid-century freehold house with 678 ft2 of internal area and sits on a 260 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Raylees Gardens, Gateshead, NE11 is located in the borough of Gateshead within the NE11 postal district.
37, Raylees Gardens, Gateshead has a single entry in the Land Registry database from August 2007 and a single entry in the EPC database dated May 2021.
We combine this information with that 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 37 Raylees Gardens Gateshead as £141,033 and the rental value as £900 per month giving an expected gross yield of 7.7%.
Over the last 12 months the sale value of 37 Raylees Gardens Gateshead has increased by £4,480 (3.2%) and its rental value has increased by £95 per month (10.5%).
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 37, Raylees Gardens, Gateshead is in very good condition we estimate a sale value of £148,085 and rental value of £945 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £131,161 and a rental value of £837 per month.
If you were able to purchase this property for the estimated value of £141,033, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £693 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, 37, Raylees Gardens, Gateshead sits on a plot of 260m2.
We have plot size data on 9 out of 29 other houses in the postcode and 37, Raylees Gardens, Gateshead sits on the 3rd largest plot.
According to HM Land Registry, 37, Raylees Gardens, Gateshead was last sold on 13 Aug 2007 for £100,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Aug 2007, the market for similar properties has risen 13.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 37, Raylees Gardens, Gateshead within a radius of 530 metres over the last 2 years.
The most recent example is 95, Knightside Gardens, Gateshead, NE11 9RN, a Freehold house which sold for £125,000 in Apr 2023.
Read more about house prices in NE11.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Raylees Gardens, Gateshead, NE11 has a total of 29 addresses. According to our analysis of all the public data, 37, Raylees Gardens, Gateshead is the 24th largest and the 24th most expensive property on the street.
When compared to the postcode district it is £8k more expensive than the average property in NE11.
37, Raylees Gardens, Gateshead has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 24 May 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 37, Raylees Gardens, Gateshead is Dunston station which is 700 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 37, Raylees Gardens, Gateshead, 48.8% of property is privately owned with a mortgage and 40.0% 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 37, Raylees Gardens, Gateshead, 16.9% of residents are recorded as possessing school level qualifications and 31.1% 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 37, Raylees Gardens, Gateshead, the average age was 43.4 and the most common age was 52.
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 37, Raylees 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 37, Raylees 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.