24, Claremont Place
24, Claremont Place
Description & Estimates
The public record lists 24, Claremont Place, Gateshead as a freehold house sitting on a 447 m2 plot.
Comparison with its neighbours suggests a period house with 1,248 ft2 of internal area and a garden.
In this area, houses of this size normally have 4 bedrooms.
24, Claremont Place, Gateshead has an estimated sale value of £92,805 and an estimated rental value of £553 per month, assuming reasonable condition and based on the information available.
Claremont Place, Gateshead, NE8 lies in the borough of Gateshead, within the NE8 postal district.
Our Data Sources
24, Claremont Place, Gateshead has a single entry in the Land Registry from September 2008 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 1 out of 5 and is considered of low accuracy.
Price Range & Condition
In very good condition, we estimate 24, Claremont Place, Gateshead would be worth £97,446, with a potential rental value of £581 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £86,309, with a rental value of £514 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 24, Claremont Place, Gateshead has increased by £535 (0.6%) over the last year. During the same period, its estimated monthly rental value has grown by £15 (2.7%). The property's estimated gross yield is currently 7.2%.
Plot Size
24, Claremont Place, Gateshead occupies a 447 m2 plot as recorded by HM Land Registry.
Of the 22 other houses in this postcode, 18 have recorded plot sizes, and this one ranks as the largest.
Sold Prices
24, Claremont Place, Gateshead last changed hands on 23rd September 2008, selling for £170,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 25.7% since September 2008.
- Sold Sep 2008£170,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 1 sale of a comparable property within 380 metres of 24, Claremont Place, Gateshead across the last 2 years.
Most recently, 24, Overhill Terrace, Gateshead, NE8 1TD, a freehold house, sold at £78,000 on the 8th June 2010.
Read more about house prices in NE8.
•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 24, Claremont Place, Gateshead as the 19th largest and the 22nd most expensive of the 22 addresses on Claremont Place, Gateshead, NE8.
Against the NE8 postcode district average, it is £45k less expensive than the typical property.
More reading links
Schools Nearby
- 400mCaedmon Community Primary School
- 400mBrighton Avenue Primary School
- 500mSt Joseph's Catholic Primary School, Gateshead
- 1.4kmNorth East Futures UTC
- 2.8kmKingsmeadow Community School
- 2.9kmGrace College
More reading links
Public Transport Nearby
Newcastle station is the nearest stop to 24, Claremont Place, Gateshead at 1.6 kilometres away.
- 1.6kmNewcastle
- 2.1kmManors
- 2.1kmDunston
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.
