2 Parsons Gardens

    2, PARSONS GARDENS, GATESHEAD, NE11 9ET

    This terraced freehold property on Parsons Gardens last sold in July 2016 for £95,000. Based on price growth in the NE11 district since then, its estimated current value is £143,657 — placing it in the 11th percentile nationally and the 36th percentile within NE11. The property covers 85 m² (915 sq ft), giving an estimated value of £1,690 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    915 sq ft

    85 m²

    Last Sale Price

    £95,000

    Jul 2016

    Estimated Valuation

    £143,657

    Est. £/sq ft

    £157/sq ft

    £1,690/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area915 sq ft (85 m²)
    EPC dateApr 2015
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    1 Jul 2016

    £95,000

    Key Metrics

    Estimated valuation£143,657
    Value per sq ft / m²£157/sq ft (£1,690/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE11 district percentile36th percentile
    National percentile11th 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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