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According to the public record, 2, Marlowe Gardens, Gateshead is a modern freehold house with 635 ft2 of internal area and sits on a 113 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Marlowe Gardens, Gateshead is £137,329 and the estimated rental value is £1,162 per month.
Marlowe Gardens, Gateshead, NE8 is located in the borough of Gateshead within the NE8 postal district.
2, Marlowe Gardens, Gateshead has 31 entries in the Land Registry , most recently in December 2022 and a single entry in the EPC database dated April 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
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, Marlowe Gardens, Gateshead is in very good condition we estimate a sale value of £144,196 and a rental value of £1,220 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £127,716 and a rental value of £1,081 per month.
Over the last 12 months the sale value of 2 Marlowe Gardens Gateshead has increased by an estimated £3,161 (2.3%) and its rental value has increased by an estimated £51 per month (4.4%), giving an expected gross yield of 10.2%.
According to data from HM Land Registry, 2, Marlowe Gardens, Gateshead sits on a plot of 113m2.
We have plot size data on 22 out of 22 other houses in the postcode and 2, Marlowe Gardens, Gateshead sits on the 21st largest plot.
2, Marlowe Gardens, Gateshead has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 29 Apr 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Marlowe Gardens, Gateshead was last sold on 19th December 2022 for £148,500 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since December 2022, the market for similar properties has risen 5.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Marlowe Gardens, Gateshead within a radius of 510 metres over the last 2 years.
The most recent example is 16, Marlowe Gardens, Gateshead, NE8 3HT, a freehold house which sold for £145,000 on the 27th September 2024.
Read more about house prices in NE8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Marlowe Gardens, Gateshead, NE8 has a total of 22 addresses. According to our analysis of all the public data, 2, Marlowe Gardens, Gateshead is the 16th largest and the 17th most expensive property on the street.
When compared to the postcode district it is £2k more expensive than the average property in NE8.
The closest station to 2, Marlowe Gardens, Gateshead is Newcastle station which is 1.9 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 2, Marlowe Gardens, Gateshead, 54.9% of property is privately rented and 15.0% is privately owned outright.
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, Marlowe Gardens, Gateshead, 14.1% of residents are recorded as possessing school level qualifications and 37.7% 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, Marlowe Gardens, Gateshead, the average age was 38.5 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 2, Marlowe Gardens, Gateshead, 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 2, Marlowe Gardens, Gateshead, there are an average of 0.7 cars per household.
See below for how this compares to North East and the rest of England & Wales.
