According to the public record, 6, Cyprus Gardens, Gateshead is a early-century leasehold apartment with 635 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Cyprus Gardens, Gateshead, NE9 is located in the borough of Gateshead within the NE9 postal district.
6, Cyprus Gardens, Gateshead has 41 entries in the Land Registry database, most recently in October 2008 and a single entry in the EPC database dated June 2019.
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 6 Cyprus Gardens Gateshead as £134,048 and the rental value as £795 per month giving an expected gross yield of 7.1%.
Over the last 12 months the sale value of 6 Cyprus Gardens Gateshead has increased by £4,312 (3.2%) and its rental value has increased by £82 per month (10.4%).
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 6, Cyprus Gardens, Gateshead is in very good condition we estimate a sale value of £140,750 and rental value of £835 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £124,665 and a rental value of £739 per month.
If you were able to purchase this property for the estimated value of £134,048, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £659 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, 6, Cyprus Gardens, Gateshead was last sold on 09 Oct 2008 for £124,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Oct 2008, the market for similar properties has risen 16.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 6, Cyprus Gardens, Gateshead within a radius of 520 metres over the last 2 years.
The most recent example is 7, Olive Gardens, Gateshead, NE9 5UN, a Leasehold flat which sold for £133,550 in Oct 2023.
Read more about house prices in NE9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cyprus Gardens, Gateshead, NE9 has a total of 20 addresses. According to our analysis of all the public data, 6, Cyprus Gardens, Gateshead is the 19th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £22k less expensive than the average property in NE9.
6, Cyprus Gardens, Gateshead has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 Jun 2019.
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 6, Cyprus Gardens, Gateshead is Heworth station which is 2.5 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 6, Cyprus Gardens, Gateshead, 31.8% of property is privately rented and 23.8% 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 6, Cyprus Gardens, Gateshead, 8.1% of residents are recorded as possessing school level qualifications and 39.0% 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 6, Cyprus Gardens, Gateshead, the average age was 43.8 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 6, Cyprus 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 6, Cyprus 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.