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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, 68, Borrowdale Gardens, Gateshead is a mid-century leasehold apartment with 495 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 68, Borrowdale Gardens, Gateshead is £43,150 and the estimated rental value is £449 per month.
Borrowdale Gardens, Gateshead, NE9 is located in the borough of Gateshead within the NE9 postal district.
68, Borrowdale Gardens, Gateshead has a single entry in the Land Registry from August 2017 and a single entry in the EPC database dated July 2017.
We combine this information with that 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.
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 68, Borrowdale Gardens, Gateshead is in very good condition we estimate a sale value of £45,308 and a rental value of £472 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £40,130 and a rental value of £418 per month.
Over the last 12 months the sale value of 68 Borrowdale Gardens Gateshead has increased by an estimated £641 (1.5%) and its rental value has increased by an estimated £14 per month (3.2%), giving an expected gross yield of 12.5%.
68, Borrowdale Gardens, Gateshead has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 25 Jul 2017.
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, 68, Borrowdale Gardens, Gateshead was last sold on 4th August 2017 for £38,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since August 2017, the market for similar properties has risen 51.4%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 68, Borrowdale Gardens, Gateshead within a radius of 590 metres over the last 2 years.
The most recent example is 30, Colton Gardens, Gateshead, NE9 6NQ, a leasehold flat which sold for £53,750 on the 1st March 2024.
Read more about house prices in NE9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Borrowdale Gardens, Gateshead, NE9 has a total of 48 addresses. According to our analysis of all the public data, 68, Borrowdale Gardens, Gateshead is the 45th largest and the 45th most expensive property on the street.
When compared to the postcode district it is £119k less expensive than the average property in NE9.
The closest station to 68, Borrowdale Gardens, Gateshead is Heworth station which is 3.1 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 68, Borrowdale Gardens, Gateshead, 41.9% of property is socially rented and 25.8% is privately owned outright.
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 68, Borrowdale Gardens, Gateshead, 19.0% of residents are recorded as possessing school level qualifications and 18.0% 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 68, Borrowdale Gardens, Gateshead, the average age was 39.6 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 68, Borrowdale 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 68, Borrowdale Gardens, Gateshead, there are an average of 1.0 cars per household.
See below for how this compares to North East and the rest of England & Wales.
