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Bricks&Logic is a trading name of Urban Markets Ltd
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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30, Cartmel Grove, Gateshead is described in the public record as a mid-century apartment with 753 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms.
Our estimate of the sale value of 30, Cartmel Grove, Gateshead is £58,223 and its rental estimate is £489 per month, given the available information and assuming reasonable condition.
Cartmel Grove, Gateshead, NE8 falls within the NE8 postal district, in the borough of Gateshead.
30, Cartmel Grove, Gateshead has no records in the the Land Registry and a single entry in the EPC database dated August 2017.
We combine this information with public data 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.
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 30, Cartmel Grove, Gateshead, we estimate a market value of £61,135 and a rental value of £513 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £54,148 and £455 per month respectively.
Over the last year, 30, Cartmel Grove, Gateshead has seen its estimated sale value drop by £376 (0.6%) and its estimated rental value rise by £9 per month (1.9%). This results in an estimated gross rental yield of 10.1%.
30, Cartmel Grove, Gateshead has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 Aug 2017.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Over the past 2 years 3 properties similar to 30, Cartmel Grove, Gateshead have sold within a radius of 460 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 29th January 2024, was 4, Fontwell Drive, Gateshead, NE8 4YF, a leasehold flat which sold for £55,000.
Read more about house prices in NE8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 33 addresses on Cartmel Grove, Gateshead, NE8, 30, Cartmel Grove, Gateshead comes out as the 13th largest and the 13th most expensive in our analysis of the public data.
It is also £79k less expensive than the average property across the NE8 district.
From 30, Cartmel Grove, Gateshead, the nearest station is Dunston, 1.6 kilometres away.
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 30, Cartmel Grove, Gateshead, 65.7% of property is socially rented and 13.9% is privately owned outright.
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 30, Cartmel Grove, Gateshead, 19.9% of residents are recorded as possessing school level qualifications and 14.2% 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 30, Cartmel Grove, Gateshead, the average age was 38.5 and the most common age was 32.
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 30, Cartmel Grove, Gateshead, 0.0% 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 30, Cartmel Grove, Gateshead, there are an average of 0.5 cars per household.
See below for how this compares to North East and the rest of England & Wales.
