5, Parkin Gardens
5, Parkin Gardens
Description & Estimates
5, Parkin Gardens, Gateshead is recorded publicly as an early-century freehold house across 645 ft2 of internal area, sitting on a 213 m2 plot.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 5, Parkin Gardens, Gateshead is £121,748 and its rental estimate is £813 per month, given the available information and assuming reasonable condition.
Parkin Gardens, Gateshead, NE10 falls within the NE10 postal district, in the borough of Gateshead.
Our Data Sources
5, Parkin Gardens, Gateshead has a single entry in the Land Registry from March 2007 and a single entry in the EPC database dated February 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 5, Parkin Gardens, Gateshead, we estimate a market value of £127,836 and a rental value of £854 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £113,226 and £756 per month respectively.
Recent Market Change
Over the last year, 5, Parkin Gardens, Gateshead has seen its estimated sale value grow by £1,809 (1.5%) and its estimated rental value climb by £33 per month (4.1%). This results in an estimated gross rental yield of 8.0%.
Plot Size
HM Land Registry records the plot of land for 5, Parkin Gardens, Gateshead as measuring 213 m2.
That makes it the 8th largest plot in the postcode, where 18 of the 24 other houses have recorded plot data.
Energy Efficiency
5, Parkin Gardens, Gateshead has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 02 Feb 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 5, Parkin Gardens, Gateshead completed on 26th March 2007 at £63,500 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 risen by 29.0% over the period since March 2007.
- Sold Mar 2007£63,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 5, Parkin Gardens, Gateshead have sold within a radius of 610 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 31st January 2024, was 24, Swards Road, Gateshead, NE10 9UR, a freehold house which sold for £87,000.
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 24 addresses on Parkin Gardens, Gateshead, NE10, 5, Parkin Gardens, Gateshead comes out as the 17th largest and the 12th most expensive in our analysis of the public data.
It is also £41k less expensive than the average property across the NE10 district.
More reading links
Schools Nearby
- 500mThe Drive Community Primary School
- 700mWindy Nook Primary School
- 800mSt Augustine's Catholic Primary School, Gateshead
- 400mXP Gateshead
- 500mHeworth Grange School
- 1.5kmCardinal Hume Catholic School, Gateshead
More reading links
Public Transport Nearby
From 5, Parkin Gardens, Gateshead, the nearest station is Heworth, 700 metres away.
- 700mHeworth
- 4.3kmManors
- 4.6kmNewcastle
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
