According to the public record, 5, Fellgate Gardens, Gateshead is a freehold house.
By comparing it to neighbours, we estimate that it is a early-century house with 702 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Fellgate Gardens, Gateshead, NE10 is located in the borough of Gateshead within the NE10 postal district.
5, Fellgate Gardens, Gateshead has 31 entries in the Land Registry database, most recently in January 2017 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 5 Fellgate Gardens Gateshead as £96,599 and the rental value as £659 per month giving an expected gross yield of 8.2%.
Over the last 12 months the sale value of 5 Fellgate Gardens Gateshead has increased by £2,452 (2.5%) and its rental value has increased by £60 per month (9.1%).
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 5, Fellgate Gardens, Gateshead is in very good condition we estimate a sale value of £101,429 and rental value of £691 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £89,837 and a rental value of £612 per month.
If you were able to purchase this property for the estimated value of £96,599, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £475 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 HM Land Registry, 5, Fellgate Gardens, Gateshead was last sold on 09 Jan 2017 for £69,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Jan 2017, the market for similar properties has risen 26.3%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 5, Fellgate Gardens, Gateshead within a radius of 590 metres over the last 2 years.
The most recent example is 2, Wreken Gardens, Gateshead, NE10 8ST, a Freehold house which sold for £70,750 in Sep 2017.
Read more about house prices in NE10.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Fellgate Gardens, Gateshead, NE10 has a total of 12 addresses. According to our analysis of all the public data, 5, Fellgate Gardens, Gateshead is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £60k less expensive than the average property in NE10.
The closest station to 5, Fellgate Gardens, Gateshead is Heworth 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 5, Fellgate Gardens, Gateshead, 56.9% of property is socially rented and 22.0% 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 5, Fellgate Gardens, Gateshead, 21.8% of residents are recorded as possessing school level qualifications and 22.8% 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 5, Fellgate Gardens, 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 5, Fellgate Gardens, Gateshead, 1.2% 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, Fellgate Gardens, Gateshead, there are an average of 0.9 cars per household.
See below for how this compares to North East and the rest of England & Wales.