7 Marlowe Gardens

    7, MARLOWE GARDENS, GATESHEAD, NE8 3HT

    This semi-detached freehold property on Marlowe Gardens last sold in November 2013 for £120,000. Based on price growth in the NE8 district since then, its estimated current value is £168,404 — placing it in the 17th percentile nationally and the 66th percentile within NE8. The property covers 69 m² (743 sq ft), giving an estimated value of £2,441 per m². The EPC rating is D, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    743 sq ft

    69 m²

    Last Sale Price

    £120,000

    Nov 2013

    Estimated Valuation

    £168,404

    Est. £/sq ft

    £227/sq ft

    £2,441/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area743 sq ft (69 m²)
    EPC dateSept 2013
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    1 Nov 2013

    £120,000

    Key Metrics

    Estimated valuation£168,404
    Value per sq ft / m²£227/sq ft (£2,441/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile66th percentile
    National percentile17th 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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