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According to the public record, 52, Carnforth Gardens, Gateshead is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a mid-century apartment with 627 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 52, Carnforth Gardens, Gateshead is £67,681 and the estimated rental value is £680 per month.
Carnforth Gardens, Gateshead, NE9 is located in the borough of Gateshead within the NE9 postal district.
52, Carnforth Gardens, Gateshead has a single entry in the Land Registry from October 2011 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.
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 52, Carnforth Gardens, Gateshead is in very good condition we estimate a sale value of £71,065 and a rental value of £714 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £62,944 and a rental value of £632 per month.
Over the last 12 months the sale value of 52 Carnforth Gardens Gateshead has increased by an estimated £1,006 (1.5%) and its rental value has increased by an estimated £22 per month (3.2%), giving an expected gross yield of 12.1%.
According to HM Land Registry, 52, Carnforth Gardens, Gateshead was last sold on 7th October 2011 for £61,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since October 2011, the market for similar properties has risen 51.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 52, Carnforth Gardens, Gateshead within a radius of 550 metres over the last 2 years.
The most recent example is 57, Kendal Crescent, Gateshead, NE9 6YB, a leasehold flat which sold for £64,950 on the 31st January 2022.
Read more about house prices in NE9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Carnforth Gardens, Gateshead, NE9 has a total of 92 addresses. According to our analysis of all the public data, 52, Carnforth Gardens, Gateshead is the 86th largest and the 88th most expensive property on the street.
When compared to the postcode district it is £95k less expensive than the average property in NE9.
The closest station to 52, Carnforth Gardens, Gateshead is Heworth station which is 3.0 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 52, Carnforth Gardens, Gateshead, 44.3% of property is socially rented and 26.7% 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 52, Carnforth Gardens, Gateshead, 24.6% of residents are recorded as possessing school level qualifications and 20.4% 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 52, Carnforth Gardens, 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 52, Carnforth Gardens, 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 52, Carnforth Gardens, Gateshead, there are an average of 0.8 cars per household.
See below for how this compares to North East and the rest of England & Wales.
