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According to the public record, 2, Mount Lonnen, Gateshead is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 840 ft2 of internal area and sits on a 142 m2 plot and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Mount Lonnen, Gateshead is £174,922 and the estimated rental value is £1,464 per month.
Mount Lonnen, Gateshead, NE9 is located in the borough of Sunderland within the NE9 postal district.
2, Mount Lonnen, Gateshead has a single entry in the Land Registry from June 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 5 out of 5 and is considered of high 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, Mount Lonnen, Gateshead is in very good condition we estimate a sale value of £183,668 and a rental value of £1,537 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £162,677 and a rental value of £1,361 per month.
Over the last 12 months the sale value of 2 Mount Lonnen Gateshead has increased by an estimated £5,209 (3.0%) and its rental value has increased by an estimated £66 per month (4.5%), giving an expected gross yield of 10%.
According to data from HM Land Registry, 2, Mount Lonnen, Gateshead sits on a plot of 142m2.
We have plot size data on 17 out of 17 other houses in the postcode and 2, Mount Lonnen, Gateshead sits on the 6th largest plot.
According to HM Land Registry, 2, Mount Lonnen, Gateshead was last sold on 27th June 2007 for £141,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since June 2007, the market for similar properties has risen 11.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Mount Lonnen, Gateshead within a radius of 1.2 kilometres over the last 2 years.
The most recent example is 7, Mount Lonnen, Gateshead, NE9 7UZ, a freehold house which sold for £173,000 on the 26th July 2024.
Read more about house prices in NE9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mount Lonnen, Gateshead, NE9 has a total of 17 addresses. According to our analysis of all the public data, 2, Mount Lonnen, Gateshead is the 7th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £13k more expensive than the average property in NE9.
The closest station to 2, Mount Lonnen, Gateshead is Heworth station which is 4.2 kilometres away.
According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none 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, Mount Lonnen, Gateshead, 45.6% of property is privately owned outright and 31.6% 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, Mount Lonnen, Gateshead, 13.7% of residents are recorded as possessing school level qualifications and 23.9% 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, Mount Lonnen, Gateshead, the average age was 42.9 and the most common age was 72.
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, Mount Lonnen, Gateshead, 2.1% 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, Mount Lonnen, Gateshead, there are an average of 1.3 cars per household.
See below for how this compares to North East and the rest of England & Wales.
