2 Marlowe Gardens

    2, MARLOWE GARDENS, GATESHEAD, NE8 3HT

    This terraced freehold property on Marlowe Gardens last sold in December 2022 for £148,500. Based on price growth in the NE8 district since then, its estimated current value is £176,360 — placing it in the 18th percentile nationally and the 69th percentile within NE8. The property covers 59 m² (635 sq ft), giving an estimated value of £2,989 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    635 sq ft

    59 m²

    Last Sale Price

    £148,500

    Dec 2022

    Estimated Valuation

    £176,360

    Est. £/sq ft

    £278/sq ft

    £2,989/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area635 sq ft (59 m²)
    EPC dateApr 2022
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    19 Dec 2022

    £148,500

    21 Dec 2011

    £87,500

    8 Dec 2006

    £119,999

    Key Metrics

    Estimated valuation£176,360
    Value per sq ft / m²£278/sq ft (£2,989/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile69th percentile
    National percentile18th percentile

    District Context — NE8

    NE8 covers Gateshead and surrounding areas in Tyne and Wear, situated south of the River Tyne in the North East. It is a primarily working-class and lower-middle-income area with a significant rental market and strong community character.

    Average Property Price - NE8

    £157,635

    4

    National percentile

    Average Net Household Income - NE8

    £31,485

    12

    National percentile

    10-Year Annualised Price Growth - NE8

    2.5%

    16

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE8

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