15 Carters Lodge, Gateshead
15 Carters Lodge, Gateshead
Description & Estimates
15 Carters Lodge, Gateshead is described in the public record as a modern apartment with 365 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of 15 Carters Lodge, Gateshead is £82,256 and its rental estimate is £567 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.
Our Data Sources
15 Carters Lodge, Gateshead has no records in the the Land Registry and a single entry in the EPC database dated June 2023.
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.
Price Range & Condition
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 15 Carters Lodge, Gateshead, we estimate a market value of £86,369 and a rental value of £595 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £76,498 and £527 per month respectively.
Recent Market Change
Over the last year, 15 Carters Lodge, Gateshead has seen its estimated sale value decline by £526 (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%.
Energy Efficiency
15 Carters Lodge, Gateshead has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 14 Jun 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Similar Properties Sold Nearby
Over the past 2 years 1 property similar to 15 Carters Lodge, Gateshead has sold within a radius of 460 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 6th June 2018, was 694A, Durham Road, Gateshead, NE9 6JA, 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.
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Location Comparison
Of the 351 addresses on Durham Road, Gateshead, NE9, 15 Carters Lodge, Gateshead comes out as the 347th largest and the 339th most expensive in our analysis of the public data.
It is also £80k less expensive than the average property across the NE9 district.
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Schools Nearby
- 300mKells Lane Primary School
- 700mOakfield Junior School
- 700mGlynwood Community Primary School
- 800mGrace College
- 1.6kmCardinal Hume Catholic School, Gateshead
- 2.5kmXP Gateshead
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Public Transport Nearby
From 15 Carters Lodge, Gateshead, the nearest station is Dunston, 3.2 kilometres away.
- 3.2kmDunston
- 3.4kmHeworth
- 3.9kmNewcastle
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
