31, Chowdene Bank
31, Chowdene Bank
Description & Estimates
31, Chowdene Bank, Gateshead appears in the public record as a freehold house.
By comparing it to nearby properties, we estimate it to be a mid-century house with 1,523 ft2 of internal area and a garden.
Locally, houses of this size normally have 4 bedrooms.
Our estimate of the sale value of 31, Chowdene Bank, Gateshead is £318,609 and its rental estimate is £1,513 per month, given the available information and assuming reasonable condition.
Chowdene Bank, Gateshead, NE9 falls within the NE9 postal district, in the borough of Gateshead.
Our Data Sources
31, Chowdene Bank, Gateshead has 31 entries in the Land Registry , most recently in October 2021 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 2 out of 5 and is considered of medium 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 31, Chowdene Bank, Gateshead, we estimate a market value of £334,539 and a rental value of £1,589 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £296,306 and £1,407 per month respectively.
Recent Market Change
Over the last year, 31, Chowdene Bank, Gateshead has seen its estimated sale value rise by £1,826 (0.6%) and its estimated rental value move up by £47 per month (3.1%). This results in an estimated gross rental yield of 5.7%.
Sold Prices
The most recent sale of 31, Chowdene Bank, Gateshead completed on 22nd October 2021 at £300,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have dropped by 30.5% over the period since October 2021.
- Sold Oct 2021£300,000
- Sold Apr 2008£240,000
- Sold Jan 2006£210,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 31, Chowdene Bank, Gateshead have sold within a radius of 650 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 11th April 2023, was 2, Greenacre Park, Gateshead, NE9 6HF, a freehold house which sold for £335,000.
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 71 addresses on Chowdene Bank, Gateshead, NE9, 31, Chowdene Bank, Gateshead comes out as the 4th largest and the 6th most expensive in our analysis of the public data.
It is also £156k more expensive than the average property across the NE9 district.
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Schools Nearby
- 100mOakfield Infant School
- 200mOakfield Junior School
- 900mHarlow Green Community Primary School
- 300mGrace College
- 2.0kmCardinal Hume Catholic School, Gateshead
- 3.0kmXP Gateshead
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Public Transport Nearby
From 31, Chowdene Bank, Gateshead, the nearest station is Dunston, 3.6 kilometres away.
- 3.6kmDunston
- 4.0kmHeworth
- 4.7kmNewcastle
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
