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Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 20, Carnforth Gardens, Gateshead is £93,753 and the estimated rental value is £889 per month.
Carnforth Gardens, Gateshead, NE9 is located in the borough of Gateshead within the NE9 postal district.
20, Carnforth Gardens, Gateshead has a single entry in the Land Registry from March 2020 and a single entry in the EPC database dated October 2013.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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 20, Carnforth Gardens, Gateshead is in very good condition we estimate a sale value of £98,441 and a rental value of £934 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £87,190 and a rental value of £827 per month.
Over the last 12 months the sale value of 20 Carnforth Gardens Gateshead has increased by an estimated £1,331 (1.4%) and its rental value has increased by an estimated £23 per month (2.6%), giving an expected gross yield of 11.4%.
20, Carnforth Gardens, Gateshead has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 04 Oct 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 20, Carnforth Gardens, Gateshead was last sold on 4th March 2020 for £87,950 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since March 2020, the market for similar properties has risen 48.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 20, Carnforth Gardens, Gateshead within a radius of 520 metres over the last 2 years.
The most recent example is 8, Carnforth Gardens, Gateshead, NE9 6YE, a leasehold flat which sold for £85,000 on the 15th November 2022.
Read more about house prices in NE9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Carnforth Gardens, Gateshead, NE9 has a total of 92 addresses. According to our analysis of all the public data, 20, Carnforth Gardens, Gateshead is the 56th largest and the 82nd most expensive property on the street.
When compared to the postcode district it is £69k less expensive than the average property in NE9.
The closest station to 20, Carnforth Gardens, Gateshead is Heworth station which is 2.8 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 20, Carnforth Gardens, Gateshead, 42.7% of property is socially rented and 28.1% 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 20, Carnforth Gardens, Gateshead, 21.4% of residents are recorded as possessing school level qualifications and 22.5% 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 20, Carnforth Gardens, Gateshead, the average age was 39.6 and the most common age was 57.
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 20, Carnforth Gardens, 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 20, Carnforth Gardens, Gateshead, there are an average of 0.9 cars per household.
See below for how this compares to North East and the rest of England & Wales.