7, Oakwood Gardens
7, Oakwood Gardens
Description & Estimates
7, Oakwood Gardens, Gateshead is recorded publicly as a mid-century freehold house across 635 ft2 of internal area, sitting on a 354 m2 plot.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 7, Oakwood Gardens, Gateshead is £160,644 and its rental estimate is £926 per month, given the available information and assuming reasonable condition.
Oakwood Gardens, Gateshead, NE11 falls within the NE11 postal district, in the borough of Gateshead.
Our Data Sources
7, Oakwood Gardens, Gateshead has 2 entries in the Land Registry , most recently in April 2018 and a single entry in the EPC database dated October 2017.
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 7, Oakwood Gardens, Gateshead, we estimate a market value of £168,676 and a rental value of £972 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £149,399 and £861 per month respectively.
Recent Market Change
Over the last year, 7, Oakwood Gardens, Gateshead has seen its estimated sale value climb by £1,831 (1.1%) and its estimated rental value rise by £33 per month (3.5%). This results in an estimated gross rental yield of 6.9%.
Plot Size
HM Land Registry records the plot of land for 7, Oakwood Gardens, Gateshead as measuring 354 m2.
That makes it the 7th largest plot in the postcode, where 28 of the 30 other houses have recorded plot data.
Energy Efficiency
7, Oakwood Gardens, Gateshead has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 16 Oct 2017.
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 7, Oakwood Gardens, Gateshead completed on 27th April 2018 at £143,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 18.5% over the period since April 2018.
- Sold Apr 2018£143,000
- Sold Jul 2007£159,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 7, Oakwood Gardens, Gateshead have sold within a radius of 720 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 15th November 2024, was 18, Oakwood Gardens, Gateshead, NE11 0DD, a freehold house which sold for £163,000.
Read more about house prices in NE11.
- Sold Nov 2024£163,000 | 2 Bed House18, Oakwood Gardens, Gateshead, NE11 0DD18, Oakwood Gardens, Gateshead, NE11 0DD
- Sold Nov 2024£160,000 | 2 Bed House1, Oakwood Gardens, Gateshead, NE11 0DD1, Oakwood Gardens, Gateshead, NE11 0DD
- Sold Jan 2020£157,000 | 2 Bed House25, Oakwood Gardens, Gateshead, NE11 0DD25, Oakwood Gardens, Gateshead, NE11 0DD
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 43 addresses on Oakwood Gardens, Gateshead, NE11, 7, Oakwood Gardens, Gateshead comes out as the 42nd largest and the 29th most expensive in our analysis of the public data.
It is also £23k more expensive than the average property across the NE11 district.
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Schools Nearby
- 400mLobley Hill Primary School
- 1.5kmSt Philip Neri Catholic Primary School, Dunston
- 1.7kmDunston Hill Community Primary School
- 1.9kmKingsmeadow Community School
- 2.0kmGrace College
- 3.3kmNorth East Futures UTC
More reading links
Public Transport Nearby
From 7, Oakwood Gardens, Gateshead, the nearest station is Dunston, 1.4 kilometres away.
- 1.4kmDunston
- 3.1kmMetroCentre
- 3.4kmNewcastle
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.
