2, Lochfield Gardens
2, Lochfield Gardens
Description & Estimates
According to the public record, 2, Lochfield Gardens, Gateshead is a freehold house that sits on a 350 m2 plot.
By comparing it to neighbours, we estimate that it is a mid-century house with 1,237 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Lochfield Gardens, Gateshead is £236,865 and the estimated rental value is £1,231 per month.
Lochfield Gardens, Gateshead, NE11 is located in the borough of Gateshead within the NE11 postal district.
Our Data Sources
2, Lochfield Gardens, Gateshead has a single entry in the Land Registry from December 2010 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
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 2, Lochfield Gardens, Gateshead is in very good condition we estimate a sale value of £248,708 and a rental value of £1,293 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £220,284 and a rental value of £1,145 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 2, Lochfield Gardens, Gateshead has risen by £1,366 (0.6%), while its estimated rental value has moved up by £33 per month (2.7%). Based on current estimates, the property offers a gross rental yield of 6.2%.
Plot Size
According to data from HM Land Registry, 2, Lochfield Gardens, Gateshead sits on a plot of 350 m2.
We have plot size data on 5 out of 6 other houses in the postcode and 2, Lochfield Gardens, Gateshead sits on the 3rd largest plot.
Sold Prices
According to HM Land Registry, 2, Lochfield Gardens, Gateshead was last sold on 8th December 2010 for £165,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since December 2010, the market for similar properties has risen by 43.5%.
- Sold Dec 2010£165,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Lochfield Gardens, Gateshead within a radius of 2.5 kilometres over the last 2 years.
The most recent example is 2 Valley View, Front Street, Gateshead, NE11 0ZH, a freehold house which sold for £164,950 on the 7th May 2020.
Read more about house prices in NE11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Lochfield Gardens, Gateshead, NE11 has a total of 6 addresses. According to our analysis of all the public data, 2, Lochfield Gardens, Gateshead is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £100k more expensive than the average property in NE11.
More reading links
Schools Nearby
- 500mKibblesworth Academy
- 2.7kmOuston Primary School
- 3.0kmSt Benet's Catholic Primary School, Ouston
- 3.0kmGrace College
- 3.8kmLord Lawson of Beamish Academy
- 4.8kmCardinal Hume Catholic School, Gateshead
More reading links
Public Transport Nearby
The closest station to 2, Lochfield Gardens, Gateshead is Dunston station, which is 5.2 kilometres away.
- 5.2kmDunston
- 6.3kmChester-le-Street
- 6.6kmMetroCentre
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
