According to the public record, 48, Mardale Gardens, Gateshead is a mid-century freehold house with 807 ft2 of internal area and sits on a 183 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Mardale Gardens, Gateshead, NE9 is located in the borough of Gateshead within the NE9 postal district.
48, Mardale Gardens, Gateshead has a single entry in the Land Registry database from January 2018 and a single entry in the EPC database dated July 2017.
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 48 Mardale Gardens Gateshead as £125,239 and the rental value as £830 per month giving an expected gross yield of 8%.
Over the last 12 months the sale value of 48 Mardale Gardens Gateshead has increased by £3,430 (2.7%) and its rental value has increased by £82 per month (9.9%).
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 48, Mardale Gardens, Gateshead is in very good condition we estimate a sale value of £131,501 and rental value of £872 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £116,473 and a rental value of £772 per month.
If you were able to purchase this property for the estimated value of £125,239, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £616 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, 48, Mardale Gardens, Gateshead sits on a plot of 183m2.
We have plot size data on 8 out of 19 other houses in the postcode and 48, Mardale Gardens, Gateshead sits on the 4th largest plot.
According to HM Land Registry, 48, Mardale Gardens, Gateshead was last sold on 03 Jan 2018 for £113,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jan 2018, the market for similar properties has risen 21.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 48, Mardale Gardens, Gateshead within a radius of 520 metres over the last 2 years.
The most recent example is 13, Highlaws Gardens, Gateshead, NE9 6PA, a Freehold house which sold for £115,000 in Jul 2023.
Read more about house prices in NE9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mardale Gardens, Gateshead, NE9 has a total of 40 addresses. According to our analysis of all the public data, 48, Mardale Gardens, Gateshead is the 10th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £31k less expensive than the average property in NE9.
48, Mardale Gardens, Gateshead has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 Jul 2017.
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 48, Mardale Gardens, Gateshead is Heworth station which is 3.5 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 48, Mardale Gardens, Gateshead, 43.7% of property is socially rented and 26.1% 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 48, Mardale Gardens, Gateshead, 21.5% of residents are recorded as possessing school level qualifications and 16.3% 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 48, Mardale Gardens, Gateshead, the average age was 43.7 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 48, Mardale 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 48, Mardale Gardens, Gateshead, there are an average of 0.7 cars per household.
See below for how this compares to North East and the rest of England & Wales.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.