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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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According to the public record, 2, Cross Keys Lane, Gateshead is a period leasehold apartment with 1,345 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Cross Keys Lane, Gateshead is £103,121 and the estimated rental value is £992 per month.
Cross Keys Lane, Gateshead, NE9 is located in the borough of Gateshead within the NE9 postal district.
2, Cross Keys Lane, Gateshead has 41 entries in the Land Registry , most recently in July 2008 and a single entry in the EPC database dated October 2016.
We combine this information with that 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.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 2, Cross Keys Lane, Gateshead is in very good condition we estimate a sale value of £108,277 and a rental value of £1,041 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £95,903 and a rental value of £922 per month.
Over the last 12 months the sale value of 2 Cross Keys Lane Gateshead has increased by an estimated £2,115 (2.1%) and its rental value has increased by an estimated £38 per month (3.9%), giving an expected gross yield of 11.5%.
2, Cross Keys Lane, Gateshead has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 27 Oct 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Cross Keys Lane, Gateshead was last sold on 31st July 2008 for £102,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since July 2008, the market for similar properties has dropped 28.6%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 490 metres radius of 2, Cross Keys Lane, Gateshead over the last 2 years.
The most recent example is 15, Cross Keys Lane, Gateshead, NE9 6DA, a freehold house which sold for £175,000 on the 3rd August 2020.
Read more about house prices in NE9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cross Keys Lane, Gateshead, NE9 has a total of 30 addresses. According to our analysis of all the public data, 2, Cross Keys Lane, Gateshead is the 5th largest and the 25th most expensive property on the street.
When compared to the postcode district it is £59k less expensive than the average property in NE9.
The closest station to 2, Cross Keys Lane, Gateshead is Dunston station which is 3.0 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Cross Keys Lane, Gateshead, 42.6% of property is privately owned outright and 28.4% 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 2, Cross Keys Lane, Gateshead, 16.8% of residents are recorded as possessing school level qualifications and 43.2% 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 2, Cross Keys Lane, 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 2, Cross Keys Lane, Gateshead, 1.1% 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 2, Cross Keys Lane, 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.
