3, Palmer Gardens
3, Palmer Gardens
Description & Estimates
3, Palmer Gardens, Gateshead is described in the public record as an early-century house with 893 ft2 of internal area, sitting on a 198 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 3, Palmer Gardens, Gateshead is £117,870 and its rental estimate is £744 per month, given the available information and assuming reasonable condition.
Palmer Gardens, Gateshead, NE10 falls within the NE10 postal district, in the borough of Gateshead.
Our Data Sources
3, Palmer Gardens, Gateshead has no recent1 records in the the Land Registry and a single entry in the EPC database dated December 2021.
We combine this information with public data 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.
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 3, Palmer Gardens, Gateshead, we estimate a market value of £123,763 and a rental value of £782 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £109,619 and £692 per month respectively.
Recent Market Change
Over the last year, 3, Palmer Gardens, Gateshead has seen its estimated sale value climb by £1,508 (1.3%) and its estimated rental value rise by £29 per month (3.9%). This results in an estimated gross rental yield of 7.6%.
Plot Size
HM Land Registry records the plot of land for 3, Palmer Gardens, Gateshead as measuring 198 m2.
That makes it the 6th largest plot in the postcode, where 11 of the 14 other houses have recorded plot data.
Energy Efficiency
3, Palmer Gardens, Gateshead has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 03 Dec 2021.
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 3, Palmer Gardens, Gateshead completed on 7th January 2002 at £20,625 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
- Sold Jan 2002£20,625
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 3, Palmer Gardens, Gateshead have sold within a radius of 530 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 27th August 2021, was 9, Wreken Gardens, Gateshead, NE10 8ST, a freehold house which sold for £105,000.
Read more about house prices in NE10.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 14 addresses on Palmer Gardens, Gateshead, NE10, 3, Palmer Gardens, Gateshead comes out as the 2nd largest and the 2nd most expensive in our analysis of the public data.
It is also £44k less expensive than the average property across the NE10 district.
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Schools Nearby
- 600mWhite Mere Community Primary School
- 700mLingey House Primary School
- 800mWardley Primary School
- 1.4kmHeworth Grange School
- 1.5kmSt Joseph's Catholic Academy
- 2.2kmXP Gateshead
More reading links
Public Transport Nearby
From 3, Palmer Gardens, Gateshead, the nearest station is Heworth, 1.7 kilometres away.
- 1.7kmHeworth
- 5.6kmManors
- 6.0kmNewcastle
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.
