According to the public record, 5, Elder Grove, Gateshead is a period freehold house with 666 ft2 of internal area and sits on a 111 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Elder Grove, Gateshead, NE9 is located in the borough of Gateshead within the NE9 postal district.
5, Elder Grove, Gateshead has 31 entries in the Land Registry database, most recently in May 2010 and a single entry in the EPC database dated June 2009.
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 5 Elder Grove Gateshead as £166,909 and the rental value as £914 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of 5 Elder Grove Gateshead has increased by £3,334 (2.0%) and its rental value has increased by £82 per month (9.0%).
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 5, Elder Grove, Gateshead is in very good condition we estimate a sale value of £175,254 and rental value of £959 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £155,225 and a rental value of £850 per month.
If you were able to purchase this property for the estimated value of £166,909, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £820 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, 5, Elder Grove, Gateshead sits on a plot of 111m2.
We have plot size data on 7 out of 11 other houses in the postcode and 5, Elder Grove, Gateshead sits on the 3rd largest plot.
According to HM Land Registry, 5, Elder Grove, Gateshead was last sold on 26 May 2010 for £150,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since May 2010, the market for similar properties has risen 29.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Elder Grove, Gateshead within a radius of 460 metres over the last 2 years.
The most recent example is 237, Kells Lane, Gateshead, NE9 5HU, a Freehold house which sold for £215,000 in Nov 2023.
Read more about house prices in NE9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Elder Grove, Gateshead, NE9 has a total of 11 addresses. According to our analysis of all the public data, 5, Elder Grove, Gateshead is the 9th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £10k more expensive than the average property in NE9.
5, Elder Grove, Gateshead has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 29 Jun 2009.
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 5, Elder Grove, Gateshead is Dunston station which is 3.1 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 5, Elder Grove, Gateshead, 42.6% of property is privately owned outright and 28.4% 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 5, Elder Grove, Gateshead, 16.8% of residents are recorded as possessing school level qualifications and 43.2% 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 5, Elder Grove, Gateshead, the average age was 46 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 5, Elder Grove, Gateshead, 1.1% 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 5, Elder Grove, Gateshead, there are an average of 1.1 cars per household.
See below for how this compares to North East and the rest of England & Wales.