According to the public record, 4, Meldon Gardens, Gateshead is a mid-century freehold house with 592 ft2 of internal area and sits on a 171 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Meldon Gardens, Gateshead, NE11 is located in the borough of Gateshead within the NE11 postal district.
4, Meldon Gardens, Gateshead has a single entry in the Land Registry database from July 2007 and a single entry in the EPC database dated January 2023.
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 4 Meldon Gardens Gateshead as £138,465 and the rental value as £866 per month giving an expected gross yield of 7.5%.
Over the last 12 months the sale value of 4 Meldon Gardens Gateshead has increased by £3,944 (2.8%) and its rental value has increased by £88 per month (10.1%).
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 4, Meldon Gardens, Gateshead is in very good condition we estimate a sale value of £145,388 and rental value of £909 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £128,772 and a rental value of £805 per month.
If you were able to purchase this property for the estimated value of £138,465, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £681 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, 4, Meldon Gardens, Gateshead sits on a plot of 171m2.
We have plot size data on 13 out of 34 other houses in the postcode and 4, Meldon Gardens, Gateshead sits on the 9th largest plot.
According to HM Land Registry, 4, Meldon Gardens, Gateshead was last sold on 20 Jul 2007 for £99,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jul 2007, the market for similar properties has risen 14.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Meldon Gardens, Gateshead within a radius of 800 metres over the last 2 years.
The most recent example is 116, Rothbury Gardens, Gateshead, NE11 0AU, a Freehold house which sold for £134,100 in Apr 2023.
Read more about house prices in NE11.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Meldon Gardens, Gateshead, NE11 has a total of 34 addresses. According to our analysis of all the public data, 4, Meldon Gardens, Gateshead is the 34th largest and the 33rd most expensive property on the street.
When compared to the postcode district it is £6k more expensive than the average property in NE11.
4, Meldon Gardens, Gateshead has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 16 Jan 2023.
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 4, Meldon Gardens, Gateshead is Dunston station which is 1.5 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 4, Meldon Gardens, Gateshead, 50.0% of property is privately owned outright and 40.0% 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 4, Meldon Gardens, Gateshead, 10.1% of residents are recorded as possessing school level qualifications and 24.8% 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 4, Meldon 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 4, Meldon 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 4, Meldon 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.