According to the public record, 6, Tamarisk Way, Gateshead is a modern freehold house with 839 ft2 of internal area and sits on a 222 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Tamarisk Way, Gateshead, NE9 is located in the borough of Gateshead within the NE9 postal district.
6, Tamarisk Way, Gateshead has 41 entries in the Land Registry database, most recently in January 2021 and a single entry in the EPC database dated July 2016.
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 Tamarisk Way Gateshead as £221,857 and the rental value as £1,085 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 6 Tamarisk Way Gateshead has increased by £4,601 (2.1%) and its rental value has increased by £100 per month (9.2%).
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 6, Tamarisk Way, Gateshead is in very good condition we estimate a sale value of £232,950 and rental value of £1,140 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £206,327 and a rental value of £1,009 per month.
If you were able to purchase this property for the estimated value of £221,857, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,090 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, 6, Tamarisk Way, Gateshead sits on a plot of 222m2.
We have plot size data on 28 out of 34 other houses in the postcode and 6, Tamarisk Way, Gateshead sits on the 22nd largest plot.
According to HM Land Registry, 6, Tamarisk Way, Gateshead was last sold on 18 Jan 2021 for £215,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since Jan 2021, the market for similar properties has risen 10.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 6, Tamarisk Way, Gateshead within a radius of 550 metres over the last 2 years.
The most recent example is 44, Meadow Rise, Gateshead, NE9 6GE, a Freehold house which sold for £190,000 in Mar 2023.
Read more about house prices in NE9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Tamarisk Way, Gateshead, NE9 has a total of 34 addresses. According to our analysis of all the public data, 6, Tamarisk Way, Gateshead is the 26th largest and the 26th most expensive property on the street.
When compared to the postcode district it is £65k more expensive than the average property in NE9.
6, Tamarisk Way, Gateshead has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 Jul 2016.
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, Tamarisk Way, Gateshead is Heworth station which is 2.1 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 6, Tamarisk Way, Gateshead, 62.8% of property is privately owned with a mortgage and 34.5% 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, Tamarisk Way, Gateshead, 20.8% of residents are recorded as possessing school level qualifications and 31.8% 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 6, Tamarisk Way, 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, Tamarisk Way, 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, Tamarisk Way, Gateshead, there are an average of 1.8 cars per household.
See below for how this compares to North East and the rest of England & Wales.