27, Crosby Gardens
27, Crosby Gardens
Description & Estimates
27, Crosby Gardens, Gateshead is recorded publicly as a mid-century leasehold apartment across 462 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of 27, Crosby Gardens, Gateshead is £51,509 and its rental estimate is £410 per month, given the available information and assuming reasonable condition.
Crosby Gardens, Gateshead, NE9 falls within the NE9 postal district, in the borough of Gateshead.
Our Data Sources
27, Crosby Gardens, Gateshead has 2 entries in the Land Registry , most recently in June 2021 and a single entry in the EPC database dated February 2014.
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.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 27, Crosby Gardens, Gateshead, we estimate a market value of £54,085 and a rental value of £431 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £47,904 and £382 per month respectively.
Recent Market Change
Over the last year, 27, Crosby Gardens, Gateshead has seen its estimated sale value fall by £329 (0.6%) and its estimated rental value move up by £8 per month (1.9%). This results in an estimated gross rental yield of 9.6%.
Energy Efficiency
27, Crosby Gardens, Gateshead has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 27 Feb 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 27, Crosby Gardens, Gateshead completed on 25th June 2021 at £46,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 17.4% over the period since June 2021.
- Sold Jun 2021£46,000
- Sold Oct 2015£45,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 27, Crosby Gardens, Gateshead have sold within a radius of 580 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 27th April 2023, was 15, Scotby Gardens, Gateshead, NE9 6NH, a leasehold flat which sold for £50,000.
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
Of the 37 addresses on Crosby Gardens, Gateshead, NE9, 27, Crosby Gardens, Gateshead comes out as the 37th largest and the 37th most expensive in our analysis of the public data.
It is also £111k less expensive than the average property across the NE9 district.
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Schools Nearby
- 700mSt Anne's Catholic Primary School, Harlow Green
- 800mHarlow Green Community Primary School
- 800mSt Oswald's Catholic Primary, Wrekenton
- 1.0kmCardinal Hume Catholic School, Gateshead
- 1.3kmGrace College
- 2.2kmXP Gateshead
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Public Transport Nearby
From 27, Crosby Gardens, Gateshead, the nearest station is Heworth, 3.2 kilometres away.
- 3.2kmHeworth
- 4.3kmDunston
- 4.8kmNewcastle
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
