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Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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2, Laurelwood Gardens, Gateshead is recorded publicly as an early-century freehold house across 828 ft2 of internal area, sitting on a 188 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 2, Laurelwood Gardens, Gateshead is £131,500 and its rental estimate is £846 per month, given the available information and assuming reasonable condition.
Laurelwood Gardens, Gateshead, NE11 falls within the NE11 postal district, in the borough of Gateshead.
2, Laurelwood Gardens, Gateshead has 2 entries in the Land Registry , most recently in July 2013 and a single entry in the EPC database dated February 2013.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 2, Laurelwood Gardens, Gateshead, we estimate a market value of £138,075 and a rental value of £888 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £122,295 and £787 per month respectively.
Over the last year, 2, Laurelwood Gardens, Gateshead has seen its estimated sale value increase by £1,533 (1.2%) and its estimated rental value grow by £27 per month (3.2%). This results in an estimated gross rental yield of 7.7%.
HM Land Registry records the plot of land for 2, Laurelwood Gardens, Gateshead as measuring 188 m2.
That makes it the 10th largest plot in the postcode, where 17 of the 20 other houses have recorded plot data.
2, Laurelwood Gardens, Gateshead has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 11 Feb 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 2, Laurelwood Gardens, Gateshead completed on 26th July 2013 at £105,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 27.6% over the period since July 2013.
Over the past 2 years 3 properties similar to 2, Laurelwood Gardens, Gateshead have sold within a radius of 930 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 15th November 2024, was 15, Larchwood Gardens, Gateshead, NE11 0DT, a freehold house which sold for £120,000.
Read more about house prices in NE11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 20 addresses on Laurelwood Gardens, Gateshead, NE11, 2, Laurelwood Gardens, Gateshead comes out as the 18th largest and the 19th most expensive in our analysis of the public data.
It is also £6k less expensive than the average property across the NE11 district.
From 2, Laurelwood Gardens, Gateshead, the nearest station is Dunston, 1.7 kilometres away.
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Laurelwood Gardens, Gateshead, 36.9% of property is privately owned with a mortgage and 28.4% is socially rented.
The graph below shows how this compares to North East 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 2, Laurelwood Gardens, Gateshead, 18.6% of residents are recorded as possessing school level qualifications and 23.8% as possessing degree level qualifications.
The graph below shows how this compares to North East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 2, Laurelwood Gardens, Gateshead, the average age was 43.3 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 2, Laurelwood 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 2, Laurelwood 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.
