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According to the public record, 40, Cranesville, Gateshead is a mid-century house with 1,076 ft2 of internal area and sits on a 124 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 40, Cranesville, Gateshead is £108,822 and the estimated rental value is £1,060 per month.
Cranesville, Gateshead, NE9 is located in the borough of Gateshead within the NE9 postal district.
40, Cranesville, Gateshead has no records in the the Land Registry and a single entry in the EPC database dated November 2016.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high 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 40, Cranesville, Gateshead is in very good condition we estimate a sale value of £114,263 and a rental value of £1,113 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £101,205 and a rental value of £986 per month.
Over the last 12 months the sale value of 40 Cranesville Gateshead has increased by an estimated £3,241 (3.0%) and its rental value has increased by an estimated £48 per month (4.5%), giving an expected gross yield of 11.7%.
According to data from HM Land Registry, 40, Cranesville, Gateshead sits on a plot of 124m2.
We have plot size data on 27 out of 40 other houses in the postcode and 40, Cranesville, Gateshead sits on the 7th largest plot.
40, Cranesville, Gateshead has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 23 Nov 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Warm air, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, Cranesville, Gateshead within a radius of 610 metres over the last 2 years.
The most recent example is 40, Fernlough, Gateshead, NE9 6SL, a freehold house which sold for £100,000 on the 25th January 2023.
Read more about house prices in NE9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cranesville, Gateshead, NE9 has a total of 89 addresses. According to our analysis of all the public data, 40, Cranesville, Gateshead is the 2nd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £53k less expensive than the average property in NE9.
The closest station to 40, Cranesville, Gateshead is Heworth station which is 2.4 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 40, Cranesville, Gateshead, 47.7% of property is socially rented and 24.2% 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 40, Cranesville, Gateshead, 26.4% of residents are recorded as possessing school level qualifications and 18.0% 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 40, Cranesville, 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 40, Cranesville, 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 40, Cranesville, Gateshead, there are an average of 0.7 cars per household.
See below for how this compares to North East and the rest of England & Wales.
