According to the public record, 8, Woodgate Gardens, Gateshead is a early-century freehold house with 757 ft2 of internal area and sits on a 207 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Woodgate Gardens, Gateshead, NE10 is located in the borough of Gateshead within the NE10 postal district.
8, Woodgate Gardens, Gateshead has a single entry in the Land Registry database from September 2012 and a single entry in the EPC database dated February 2012.
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 Woodgate Gardens Gateshead as £134,854 and the rental value as £902 per month giving an expected gross yield of 8%.
Over the last 12 months the sale value of 8 Woodgate Gardens Gateshead has increased by £2,865 (2.1%) and its rental value has increased by £76 per month (8.4%).
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, Woodgate Gardens, Gateshead is in very good condition we estimate a sale value of £141,597 and rental value of £947 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £125,414 and a rental value of £839 per month.
If you were able to purchase this property for the estimated value of £134,854, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £663 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, Woodgate Gardens, Gateshead sits on a plot of 207m2.
We have plot size data on 13 out of 28 other houses in the postcode and 8, Woodgate Gardens, Gateshead sits on the 6th largest plot.
According to HM Land Registry, 8, Woodgate Gardens, Gateshead was last sold on 17 Sep 2012 for £105,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Sep 2012, the market for similar properties has risen 38.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Woodgate Gardens, Gateshead within a radius of 680 metres over the last 2 years.
The most recent example is 20, Woodgate Gardens, Gateshead, NE10 0ST, a Freehold house which sold for £140,000 in Nov 2020.
Read more about house prices in NE10.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Woodgate Gardens, Gateshead, NE10 has a total of 28 addresses. According to our analysis of all the public data, 8, Woodgate Gardens, Gateshead is the 9th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £22k less expensive than the average property in NE10.
8, Woodgate Gardens, Gateshead has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 16 Feb 2012.
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, Woodgate Gardens, Gateshead is Heworth station which is 1.5 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 8, Woodgate Gardens, Gateshead, 61.2% of property is privately owned outright and 25.6% 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, Woodgate Gardens, Gateshead, 11.1% of residents are recorded as possessing school level qualifications and 31.5% 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 8, Woodgate Gardens, Gateshead, the average age was 39.7 and the most common age was 27.
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, Woodgate 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, Woodgate 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.