40, Parklands Way, Gateshead has 21 entries in the Land Registry database, most recently in August 2016 and a single entry in the EPC database dated October 2015.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
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 40, Parklands Way, Gateshead is in very good condition we estimate a sale value of £226,910 and rental value of £1,110 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £200,977 and a rental value of £983 per month.
If you were able to purchase this property for the estimated value of £216,105, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,062 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, 40, Parklands Way, Gateshead sits on a plot of 344m2.
We have plot size data on 13 out of 21 other houses in the postcode and 40, Parklands Way, Gateshead sits on the 3rd largest plot.
According to HM Land Registry, 40, Parklands Way, Gateshead was last sold on 18 Aug 2016 for £250,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Aug 2016, the market for similar properties has risen 26.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, Parklands Way, Gateshead within a radius of 630 metres over the last 2 years.
The most recent example is 7, Parklands Way, Gateshead, NE10 8GA, a Freehold house which sold for £192,235 in Apr 2024.
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, 40, Parklands Way, Gateshead is the 50th largest and the 43rd most expensive property on the street.
When compared to the postcode district it is £60k more expensive than the average property in NE10.
40, Parklands Way, Gateshead has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 02 Oct 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
According to the public record, 40, Parklands Way, Gateshead is a modern freehold house with 764 ft2 of internal area and sits on a 344 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Parklands Way, Wardley, Gateshead, NE10 is located in the borough of Gateshead within the NE10 postal district.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 40 Parklands Way Gateshead as £216,105 and the rental value as £1,057 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 40 Parklands Way Gateshead has increased by £5,136 (2.4%) and its rental value has increased by £95 per month (8.9%).
The closest station to 40, 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 40, 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 40, 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 40, 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 40, 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 40, 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.