16 Carters Lodge, Gateshead
16 Carters Lodge, Gateshead
Description & Estimates
The public record describes 16 Carters Lodge, Gateshead as a modern apartment with 376 ft2 of internal area.
In this area, apartments of this size normally have 1 bedroom.
16 Carters Lodge, Gateshead has an estimated sale value of £83,315 and an estimated rental value of £574 per month, assuming reasonable condition and based on the information available.
The apartment sits within Carters Lodge, Durham Road, Gateshead, NE9.
Durham Road, Gateshead, NE9 lies in the borough of Gateshead, within the NE9 postal district.
Our Data Sources
16 Carters Lodge, Gateshead has no records in the the Land Registry and a single entry in the EPC database dated June 2016.
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
In very good condition, we estimate 16 Carters Lodge, Gateshead would be worth £87,481, with a potential rental value of £603 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £77,483, with a rental value of £534 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 16 Carters Lodge, Gateshead has dropped by £533 (0.6%) over the last year. During the same period, its estimated monthly rental value has risen by £11 (1.9%). The property's estimated gross yield is currently 8.3%.
Energy Efficiency
16 Carters Lodge, Gateshead has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 17 Jun 2016.
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
Land Registry records and our Estate Agent network show 1 sale of a comparable property within 460 metres of 16 Carters Lodge, Gateshead across the last 2 years.
Most recently, 694A, Durham Road, Gateshead, NE9 6JA, a leasehold flat, sold at £65,000 on the 6th June 2018.
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
Our analysis of the public data ranks 16 Carters Lodge, Gateshead as the 344th largest and the 335th most expensive of the 351 addresses on Durham Road, Gateshead, NE9.
Against the NE9 postcode district average, it is £79k less expensive than the typical property.
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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
Dunston station is the nearest stop to 16 Carters Lodge, Gateshead at 3.2 kilometres away.
- 3.2kmDunston
- 3.4kmHeworth
- 3.9kmNewcastle
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
