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According to the public record, 42, Ponthaugh, Rowlands Gill is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a mid-century apartment with 1,441 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 42, Ponthaugh, Rowlands Gill is £221,546 and the estimated rental value is £1,107 per month.
Ponthaugh, Rowlands Gill, NE39 is located in the borough of Gateshead within the NE39 postal district.
42, Ponthaugh, Rowlands Gill has a single entry in the Land Registry from July 2007 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.
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 42, Ponthaugh, Rowlands Gill is in very good condition we estimate a sale value of £232,623 and a rental value of £1,163 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £206,038 and a rental value of £1,030 per month.
Over the last 12 months the sale value of 42 Ponthaugh Rowlands Gill has decreased by an estimated £1,074 (0.5%) and its rental value has increased by an estimated £26 per month (2.3%), giving an expected gross yield of 6%.
According to HM Land Registry, 42, Ponthaugh, Rowlands Gill was last sold on 30th July 2007 for £182,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since July 2007, the market for similar properties has dropped 24.6%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 1.6 kilometres radius of 42, Ponthaugh, Rowlands Gill over the last 2 years.
The most recent example is 25, Ponthaugh, Rowlands Gill, NE39 1AF, a freehold house which sold for £140,000 on the 20th March 2020.
Read more about house prices in NE39.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ponthaugh, Rowlands Gill, NE39 has a total of 50 addresses. According to our analysis of all the public data, 42, Ponthaugh, Rowlands Gill is the 3rd largest and the 36th most expensive property on the street.
When compared to the postcode district it is £35k more expensive than the average property in NE39.
The closest station to 42, Ponthaugh, Rowlands Gill is Blaydon station which is 4.4 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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 42, Ponthaugh, Rowlands Gill, 60.0% of property is privately owned outright and 32.2% 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 42, Ponthaugh, Rowlands Gill, 17.7% of residents are recorded as possessing school level qualifications and 40.8% 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 42, Ponthaugh, Rowlands Gill, the average age was 46.7 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 42, Ponthaugh, Rowlands Gill, 1.5% 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 42, Ponthaugh, Rowlands Gill, there are an average of 1.4 cars per household.
See below for how this compares to North East and the rest of England & Wales.