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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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1 Carters Lodge, Gateshead is described in the public record as a modern apartment with 419 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of 1 Carters Lodge, Gateshead is £87,394 and its rental estimate is £602 per month, given the available information and assuming reasonable condition.
Carters Lodge, Durham Road is a residential building on Durham Road, Gateshead, NE9 and falls within the NE9 postal district and the borough of Gateshead.
1 Carters Lodge, Gateshead has no records in the the Land Registry and a single entry in the EPC database dated February 2022.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
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 1 Carters Lodge, Gateshead, we estimate a market value of £91,763 and a rental value of £632 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £81,276 and £560 per month respectively.
Over the last year, 1 Carters Lodge, Gateshead has seen its estimated sale value decline by £559 (0.6%) and its estimated rental value climb by £11 per month (1.9%). This results in an estimated gross rental yield of 8.3%.
1 Carters Lodge, Gateshead has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 11 Feb 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Over the past 2 years 3 properties similar to 1 Carters Lodge, Gateshead have sold within a radius of 460 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 6th June 2022, was 15, Forster Court, Gateshead, NE9 6HZ, a leasehold flat which sold for £65,000.
Read more about house prices in NE9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 351 addresses on Durham Road, Gateshead, NE9, 1 Carters Lodge, Gateshead comes out as the 339th largest and the 332nd most expensive in our analysis of the public data.
It is also £75k less expensive than the average property across the NE9 district.
From 1 Carters Lodge, Gateshead, the nearest station is Dunston, 3.2 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 1 Carters Lodge, Gateshead, 38.5% of property is privately owned outright and 35.0% is privately owned with a mortgage.
The graph below shows how this compares to North East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 1 Carters Lodge, Gateshead, 16.3% of residents are recorded as possessing school level qualifications and 42.4% as possessing degree level qualifications.
The graph below shows how this compares to North East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 1 Carters Lodge, Gateshead, the average age was 46 and the most common age was 52.
The graph below shows how this compares to North East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 1 Carters Lodge, Gateshead, 2.0% of property was a second home.
Comparison figures for North East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 1 Carters Lodge, Gateshead, there are an average of 1.1 cars per household.
See below for how this compares to North East and the rest of England & Wales.
