2 Pinewood Gardens

    2, PINEWOOD GARDENS, GATESHEAD, NE11 0DJ

    This terraced freehold property on Pinewood Gardens last sold in May 2022 for £176,000. Based on price growth in the NE11 district since then, its estimated current value is £211,218 — placing it in the 27th percentile nationally and the 76th percentile within NE11. The property covers 74 m² (797 sq ft), giving an estimated value of £2,854 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    797 sq ft

    74 m²

    Last Sale Price

    £176,000

    May 2022

    Estimated Valuation

    £211,218

    Est. £/sq ft

    £265/sq ft

    £2,854/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area797 sq ft (74 m²)
    EPC dateSept 2021
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    20 May 2022

    £176,000

    29 Oct 2021

    £105,500

    Key Metrics

    Estimated valuation£211,218
    Value per sq ft / m²£265/sq ft (£2,854/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE11 district percentile76th percentile
    National percentile27th percentile

    District Context — NE11

    NE11 covers Cramlington and surrounding areas in south-east Northumberland, situated between Newcastle and the coast. It is a largely suburban district with a strong family-oriented character and established residential communities.

    Average Property Price - NE11

    £184,538

    8

    National percentile

    Average Net Household Income - NE11

    £34,075

    26

    National percentile

    10-Year Annualised Price Growth - NE11

    4.0%

    67

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE11

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