According to the public record, 5, Tyne View Gardens, Gateshead is a mid-century freehold house with 882 ft2 of internal area and sits on a 169 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Tyne View Gardens, Gateshead, NE10 is located in the borough of Gateshead within the NE10 postal district.
5, Tyne View Gardens, Gateshead has a single entry in the Land Registry database from September 2020 and a single entry in the EPC database dated February 2020.
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 Tyne View Gardens Gateshead as £122,005 and the rental value as £792 per month giving an expected gross yield of 7.8%.
Over the last 12 months the sale value of 5 Tyne View Gardens Gateshead has increased by £4,289 (3.5%) and its rental value has increased by £81 per month (10.2%).
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, Tyne View Gardens, Gateshead is in very good condition we estimate a sale value of £128,105 and rental value of £832 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £113,465 and a rental value of £737 per month.
If you were able to purchase this property for the estimated value of £122,005, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £600 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, Tyne View Gardens, Gateshead sits on a plot of 169m2.
We have plot size data on 16 out of 37 other houses in the postcode and 5, Tyne View Gardens, Gateshead sits on the 10th largest plot.
According to HM Land Registry, 5, Tyne View Gardens, Gateshead was last sold on 29 Sep 2020 for £125,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Sep 2020, 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 5, Tyne View Gardens, Gateshead within a radius of 790 metres over the last 2 years.
The most recent example is 5, Jonadab Street, Gateshead, NE10 0QP, a Freehold house which sold for £123,000 in Aug 2023.
Read more about house prices in NE10.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Tyne View Gardens, Gateshead, NE10 has a total of 37 addresses. According to our analysis of all the public data, 5, Tyne View Gardens, Gateshead is the 6th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £35k less expensive than the average property in NE10.
5, Tyne View Gardens, Gateshead has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 19 Feb 2020.
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, Tyne View Gardens, Gateshead is Heworth station which is 600 metres 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, Tyne View Gardens, Gateshead, 32.0% of property is privately owned with a mortgage and 28.7% 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 5, Tyne View Gardens, Gateshead, 18.7% of residents are recorded as possessing school level qualifications and 27.9% 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, Tyne View Gardens, Gateshead, the average age was 39.7 and the most common age was 27.
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, Tyne View Gardens, Gateshead, 0.7% 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, Tyne View Gardens, Gateshead, there are an average of 1.0 cars per household.
See below for how this compares to North East and the rest of England & Wales.