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According to the public record, 9, Elder Grove, Gateshead is a period freehold house with 914 ft2 of internal area.
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 9, Elder Grove, Gateshead is £192,818 and the estimated rental value is £1,549 per month.
Elder Grove, Gateshead, NE9 is located in the borough of Gateshead within the NE9 postal district.
9, Elder Grove, Gateshead has a single entry in the Land Registry from September 2023 and a single entry in the EPC database dated February 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 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 9, Elder Grove, Gateshead is in very good condition we estimate a sale value of £202,459 and a rental value of £1,626 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £179,321 and a rental value of £1,440 per month.
Over the last 12 months the sale value of 9 Elder Grove Gateshead has increased by an estimated £5,742 (3.0%) and its rental value has increased by an estimated £70 per month (4.5%), giving an expected gross yield of 9.6%.
9, Elder Grove, Gateshead has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 28 Feb 2023.
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, 9, Elder Grove, Gateshead was last sold on 22nd September 2023 for £196,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since September 2023, the market for similar properties has dropped 41.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 9, Elder Grove, Gateshead within a radius of 470 metres over the last 2 years.
The most recent example is 11, Cross Keys Lane, Gateshead, NE9 6DA, a freehold house which sold for £167,000 on the 12th January 2021.
Read more about house prices in NE9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Elder Grove, Gateshead, NE9 has a total of 11 addresses. According to our analysis of all the public data, 9, Elder Grove, Gateshead is the 7th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £31k more expensive than the average property in NE9.
The closest station to 9, Elder Grove, Gateshead is Dunston station which is 3.1 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 9, Elder Grove, Gateshead, 42.6% of property is privately owned outright and 28.4% 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 9, Elder Grove, Gateshead, 16.8% of residents are recorded as possessing school level qualifications and 43.2% 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 9, Elder Grove, Gateshead, the average age was 46 and the most common age was 52.
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 9, Elder Grove, Gateshead, 1.1% 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 9, Elder Grove, Gateshead, there are an average of 1.1 cars per household.
See below for how this compares to North East and the rest of England & Wales.
