According to the public record, 8, Eastgate Gardens, Newcastle Upon Tyne is a mid-century freehold house with 796 ft2 of internal area and sits on a 198 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Eastgate Gardens, Newcastle Upon Tyne, NE4 is located in the borough of Newcastle upon Tyne within the NE4 postal district.
8, Eastgate Gardens, Newcastle Upon Tyne has a single entry in the Land Registry database from October 2020 and a single entry in the EPC database dated August 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 8 Eastgate Gardens Newcastle Upon Tyne as £121,504 and the rental value as £808 per month giving an expected gross yield of 8%.
Over the last 12 months the sale value of 8 Eastgate Gardens Newcastle Upon Tyne has increased by £4,601 (3.8%) and its rental value has increased by £86 per month (10.7%).
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 8, Eastgate Gardens, Newcastle Upon Tyne is in very good condition we estimate a sale value of £127,579 and rental value of £848 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £112,999 and a rental value of £751 per month.
If you were able to purchase this property for the estimated value of £121,504, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £597 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, 8, Eastgate Gardens, Newcastle Upon Tyne sits on a plot of 198m2.
We have plot size data on 20 out of 30 other houses in the postcode and 8, Eastgate Gardens, Newcastle Upon Tyne sits on the 6th largest plot.
According to HM Land Registry, 8, Eastgate Gardens, Newcastle Upon Tyne was last sold on 13 Oct 2020 for £87,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Oct 2020, the market for similar properties has risen 14.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Eastgate Gardens, Newcastle Upon Tyne within a radius of 460 metres over the last 2 years.
The most recent example is 24, Eastgate Gardens, Newcastle Upon Tyne, NE4 8DR, a Freehold house which sold for £120,000 in Aug 2023.
Read more about house prices in NE4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Eastgate Gardens, Newcastle Upon Tyne, NE4 has a total of 30 addresses. According to our analysis of all the public data, 8, Eastgate Gardens, Newcastle Upon Tyne is the 23rd largest and the 26th most expensive property on the street.
When compared to the postcode district it is £34k less expensive than the average property in NE4.
8, Eastgate Gardens, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 12 Aug 2020.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to 8, Eastgate Gardens, Newcastle Upon Tyne is MetroCentre station which is 1.6 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 8, Eastgate Gardens, Newcastle Upon Tyne, 38.5% of property is privately rented and 31.5% 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 8, Eastgate Gardens, Newcastle Upon Tyne, 28.3% of residents are recorded as possessing school level qualifications and 28.7% 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 8, Eastgate Gardens, Newcastle Upon Tyne, the average age was 37.7 and the most common age was 7.
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 8, Eastgate Gardens, Newcastle Upon Tyne, 0.8% 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 8, Eastgate Gardens, Newcastle Upon Tyne, 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.