According to the public record, 8, Elder Gardens, Gateshead is a period freehold house with 764 ft2 of internal area and sits on a 276 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Elder Gardens, Gateshead, NE9 is located in the borough of Gateshead within the NE9 postal district.
8, Elder Gardens, Gateshead has 3 entries in the Land Registry database, most recently in January 2020 and a single entry in the EPC database dated November 2015.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
•Public data including the Land Registry and EPC Register is processed and republished under the Government Open Data Licence.
•All values are estimates based on available data. All data and other content are provided subject to our Terms & Conditions.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 8 Elder Gardens Gateshead as £165,223 and the rental value as £966 per month giving an expected gross yield of 7%.
Over the last 12 months the sale value of 8 Elder Gardens Gateshead has increased by £3,411 (2.1%) and its rental value has increased by £90 per month (9.4%).
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 8, Elder Gardens, Gateshead is in very good condition we estimate a sale value of £173,484 and rental value of £1,014 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £153,658 and a rental value of £898 per month.
If you were able to purchase this property for the estimated value of £165,223, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £812 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, Elder Gardens, Gateshead sits on a plot of 276m2.
We have plot size data on 6 out of 18 other houses in the postcode and 8, Elder Gardens, Gateshead sits on the 4th largest plot.
According to HM Land Registry, 8, Elder Gardens, Gateshead was last sold on 17 Jan 2020 for £152,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Jan 2020, the market for similar properties has risen 18.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Elder Gardens, Gateshead within a radius of 680 metres over the last 2 years.
The most recent example is 1, Satley Gardens, Gateshead, NE9 7ET, a Freehold house which sold for £139,950 in May 2023.
Read more about house prices in NE9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Elder Gardens, Gateshead, NE9 has a total of 18 addresses. According to our analysis of all the public data, 8, Elder Gardens, Gateshead is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £9k more expensive than the average property in NE9.
8, Elder Gardens, Gateshead has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 10 Nov 2015.
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 8, Elder Gardens, Gateshead is Heworth station which is 3.8 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 8, Elder Gardens, Gateshead, 52.5% of property is privately owned outright and 22.1% is socially rented.
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, Elder Gardens, Gateshead, 10.2% of residents are recorded as possessing school level qualifications and 25.2% 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, Elder Gardens, Gateshead, the average age was 40 and the most common age was 37.
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, Elder 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 8, Elder Gardens, Gateshead, there are an average of 1.1 cars per household.
See below for how this compares to North East and the rest of England & Wales.