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According to the public record, 61, Shotley Gardens, Gateshead is a leasehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 1,085 ft2 of internal area and sits on a 327 m2 plot and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 61, Shotley Gardens, Gateshead is £307,335 and the estimated rental value is £1,461 per month.
Shotley Gardens, Gateshead, NE9 is located in the borough of Gateshead within the NE9 postal district.
61, Shotley Gardens, Gateshead has 21 entries in the Land Registry , most recently in May 2017 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 2 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 61, Shotley Gardens, Gateshead is in very good condition we estimate a sale value of £322,702 and a rental value of £1,534 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £285,821 and a rental value of £1,358 per month.
Over the last 12 months the sale value of 61 Shotley Gardens Gateshead has increased by an estimated £3,932 (1.3%) and its rental value has increased by an estimated £57 per month (3.9%), giving an expected gross yield of 5.7%.
According to data from HM Land Registry, 61, Shotley Gardens, Gateshead sits on a plot of 327m2.
We have plot size data on 45 out of 48 other houses in the postcode and 61, Shotley Gardens, Gateshead sits on the 22nd largest plot.
According to HM Land Registry, 61, Shotley Gardens, Gateshead was last sold on 30th May 2017 for £264,500 and was recorded as a leasehold house.
The property has had 2 sales since 1995.
Since May 2017, the market for similar properties has dropped 33.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 61, Shotley Gardens, Gateshead within a radius of 510 metres over the last 2 years.
The most recent example is 33, Shotley Gardens, Gateshead, NE9 5DP, a freehold house which sold for £267,500 on the 28th April 2023.
Read more about house prices in NE9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Shotley Gardens, Gateshead, NE9 has a total of 48 addresses. According to our analysis of all the public data, 61, Shotley Gardens, Gateshead is the 28th largest and the 24th most expensive property on the street.
When compared to the postcode district it is £145k more expensive than the average property in NE9.
The closest station to 61, Shotley Gardens, Gateshead is Heworth station which is 2.4 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 61, Shotley Gardens, Gateshead, 46.4% of property is privately owned outright and 45.5% 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 61, Shotley Gardens, Gateshead, 22.5% of residents are recorded as possessing school level qualifications and 46.8% 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 61, Shotley Gardens, Gateshead, the average age was 43.8 and the most common age was 57.
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 61, Shotley Gardens, Gateshead, 1.0% 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 61, Shotley Gardens, Gateshead, there are an average of 1.5 cars per household.
See below for how this compares to North East and the rest of England & Wales.
