According to the public record, 6, Thornlea Gardens, Gateshead is a early-century freehold house with 1,162 ft2 of internal area and sits on a 195 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Thornlea Gardens, Gateshead, NE9 is located in the borough of Gateshead within the NE9 postal district.
6, Thornlea Gardens, Gateshead has a single entry in the Land Registry database from January 2015 and a single entry in the EPC database dated October 2014.
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 Thornlea Gardens Gateshead as £282,728 and the rental value as £1,257 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of 6 Thornlea Gardens Gateshead has increased by £3,626 (1.3%) and its rental value has increased by £103 per month (8.2%).
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, Thornlea Gardens, Gateshead is in very good condition we estimate a sale value of £296,865 and rental value of £1,320 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £262,937 and a rental value of £1,169 per month.
If you were able to purchase this property for the estimated value of £282,728, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,390 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, Thornlea Gardens, Gateshead sits on a plot of 195m2.
We have plot size data on 13 out of 24 other houses in the postcode and 6, Thornlea Gardens, Gateshead sits on the largest plot.
According to HM Land Registry, 6, Thornlea Gardens, Gateshead was last sold on 23 Jan 2015 for £220,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jan 2015, the market for similar properties has risen 26.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 6, Thornlea Gardens, Gateshead within a radius of 520 metres over the last 2 years.
The most recent example is 8, Thornlea Gardens, Gateshead, NE9 5HJ, a Freehold house which sold for £290,000 in Jul 2023.
Read more about house prices in NE9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Thornlea Gardens, Gateshead, NE9 has a total of 24 addresses. According to our analysis of all the public data, 6, Thornlea Gardens, Gateshead is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £126k more expensive than the average property in NE9.
6, Thornlea Gardens, Gateshead has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 15 Oct 2014.
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, Thornlea Gardens, Gateshead is Heworth station which is 3.0 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 6, Thornlea Gardens, Gateshead, 47.5% of property is privately owned outright and 47.5% 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 6, Thornlea Gardens, Gateshead, 25.2% of residents are recorded as possessing school level qualifications and 47.5% 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, Thornlea 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, Thornlea Gardens, Gateshead, 0.6% 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, Thornlea Gardens, Gateshead, there are an average of 1.6 cars per household.
See below for how this compares to North East and the rest of England & Wales.