2, Oakwood Gardens
2, Oakwood Gardens
Description & Estimates
2, Oakwood Gardens, Gateshead is recorded publicly as an early-century freehold house across 764 ft2 of internal area, sitting on a 354 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 2, Oakwood Gardens, Gateshead is £179,849 and its rental estimate is £1,017 per month, given the available information and assuming reasonable condition.
Oakwood Gardens, Gateshead, NE11 falls within the NE11 postal district, in the borough of Gateshead.
Our Data Sources
2, Oakwood Gardens, Gateshead has a single entry in the Land Registry from August 2017 and a single entry in the EPC database dated August 2016.
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.
Price Range & Condition
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, Oakwood Gardens, Gateshead, we estimate a market value of £188,841 and a rental value of £1,067 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £167,259 and £945 per month respectively.
Recent Market Change
Over the last year, 2, Oakwood Gardens, Gateshead has seen its estimated sale value climb by £2,096 (1.2%) and its estimated rental value rise by £33 per month (3.2%). This results in an estimated gross rental yield of 6.8%.
Plot Size
HM Land Registry records the plot of land for 2, Oakwood Gardens, Gateshead as measuring 354 m2.
That makes it the 6th largest plot in the postcode, where 28 of the 30 other houses have recorded plot data.
Energy Efficiency
2, Oakwood Gardens, Gateshead has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 11 Aug 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 2, Oakwood Gardens, Gateshead completed on 4th August 2017 at £142,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 11.5% over the period since August 2017.
- Sold Aug 2017£142,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2, Oakwood Gardens, Gateshead have sold within a radius of 680 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 8th November 2024, was 1, Oakwood Gardens, Gateshead, NE11 0DD, a freehold house which sold for £160,000.
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
Of the 43 addresses on Oakwood Gardens, Gateshead, NE11, 2, Oakwood Gardens, Gateshead comes out as the 29th largest and the 17th most expensive in our analysis of the public data.
It is also £42k more expensive than the average property across the NE11 district.
More reading links
Schools Nearby
- 400mLobley Hill Primary School
- 1.5kmSt Philip Neri Catholic Primary School, Dunston
- 1.7kmDunston Hill Community Primary School
- 1.9kmKingsmeadow Community School
- 2.0kmGrace College
- 3.3kmNorth East Futures UTC
More reading links
Public Transport Nearby
From 2, Oakwood Gardens, Gateshead, the nearest station is Dunston, 1.4 kilometres away.
- 1.4kmDunston
- 3.1kmMetroCentre
- 3.4kmNewcastle
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
