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According to the public record, 2, Redruth Gardens, Gateshead is a mid-century leasehold house with 1,463 ft2 of internal area and sits on a 434 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Redruth Gardens, Gateshead is £321,533 and the estimated rental value is £1,527 per month.
Redruth Gardens, Gateshead, NE9 is located in the borough of Gateshead within the NE9 postal district.
2, Redruth Gardens, Gateshead has 3 entries in the Land Registry , most recently in July 2024 and a single entry in the EPC database dated August 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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, Redruth Gardens, Gateshead is in very good condition we estimate a sale value of £337,610 and a rental value of £1,604 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £299,026 and a rental value of £1,420 per month.
Over the last 12 months the sale value of 2 Redruth Gardens Gateshead has increased by an estimated £1,843 (0.6%) and its rental value has increased by an estimated £48 per month (3.1%), giving an expected gross yield of 5.7%.
According to data from HM Land Registry, 2, Redruth Gardens, Gateshead sits on a plot of 434m2.
We have plot size data on 23 out of 23 other houses in the postcode and 2, Redruth Gardens, Gateshead sits on the 2nd largest plot.
2, Redruth Gardens, Gateshead has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 30 Aug 2023.
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, Redruth Gardens, Gateshead was last sold on 17th July 2024 for £290,000 and was recorded as a leasehold house.
The property has had 3 sales since 1995.
Since July 2024, the market for similar properties has dropped 16.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Redruth Gardens, Gateshead within a radius of 730 metres over the last 2 years.
The most recent example is 34, Berkdale Road, Gateshead, NE9 6LB, a freehold house which sold for £305,000 on the 25th November 2022.
Read more about house prices in NE9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Redruth Gardens, Gateshead, NE9 has a total of 23 addresses. According to our analysis of all the public data, 2, Redruth Gardens, Gateshead is the largest and the most expensive property on the street.
When compared to the postcode district it is £159k more expensive than the average property in NE9.
The closest station to 2, Redruth Gardens, Gateshead is Dunston station which is 3.9 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Redruth Gardens, Gateshead, 47.9% of property is privately owned outright and 38.0% is privately owned with a mortgage.
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, Redruth Gardens, Gateshead, 15.0% of residents are recorded as possessing school level qualifications and 28.0% 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, Redruth Gardens, Gateshead, the average age was 46 and the most common age was 52.
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, Redruth 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, Redruth Gardens, Gateshead, there are an average of 1.3 cars per household.
See below for how this compares to North East and the rest of England & Wales.
