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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
According to the public record, 59, Wooler Crescent, Gateshead is a early-century leasehold apartment with 527 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 59, Wooler Crescent, Gateshead is £40,204 and the estimated rental value is £417 per month.
Wooler Crescent, Gateshead, NE8 is located in the borough of Gateshead within the NE8 postal district.
59, Wooler Crescent, Gateshead has a single entry in the Land Registry from October 2023 and a single entry in the EPC database dated May 2022.
We combine this information with that 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.
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 59, Wooler Crescent, Gateshead is in very good condition we estimate a sale value of £42,215 and a rental value of £438 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £37,390 and a rental value of £388 per month.
Over the last 12 months the sale value of 59 Wooler Crescent Gateshead has increased by an estimated £628 (1.6%) and its rental value has increased by an estimated £15 per month (3.7%), giving an expected gross yield of 12.5%.
59, Wooler Crescent, Gateshead has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 11 May 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 59, Wooler Crescent, Gateshead was last sold on 10th October 2023 for £39,999 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since October 2023, the market for similar properties has risen 77.2%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 650 metres radius of 59, Wooler Crescent, Gateshead over the last 2 years.
The most recent example is 21, Bolam Street, Gateshead, NE8 2TQ, a freehold house which sold for £90,000 on the 14th December 2021.
Read more about house prices in NE8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wooler Crescent, Gateshead, NE8 has a total of 55 addresses. According to our analysis of all the public data, 59, Wooler Crescent, Gateshead is the 55th largest and the 55th most expensive property on the street.
When compared to the postcode district it is £95k less expensive than the average property in NE8.
The closest station to 59, Wooler Crescent, Gateshead is Dunston station which is 900 metres 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 59, Wooler Crescent, Gateshead, 92.2% of property is socially rented and 3.4% is privately rented.
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 59, Wooler Crescent, Gateshead, 18.4% of residents are recorded as possessing school level qualifications and 18.2% 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 59, Wooler Crescent, 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 59, Wooler Crescent, 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 59, Wooler Crescent, Gateshead, there are an average of 0.4 cars per household.
See below for how this compares to North East and the rest of England & Wales.
