According to the public record, 18, Gainsborough Crescent, Gateshead is a early-century house with 1,205 ft2 of internal area and sits on a 259 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Gainsborough Crescent, Gateshead, NE9 is located in the borough of Gateshead within the NE9 postal district.
18, Gainsborough Crescent, Gateshead has no records in the Land Registry database and a single entry in the EPC database dated August 2014.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 18 Gainsborough Crescent Gateshead as £128,209 and the rental value as £771 per month giving an expected gross yield of 7.2%.
Over the last 12 months the sale value of 18 Gainsborough Crescent Gateshead has increased by £1,667 (1.3%) and its rental value has increased by £64 per month (8.3%).
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 18, Gainsborough Crescent, Gateshead is in very good condition we estimate a sale value of £134,620 and rental value of £810 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £119,235 and a rental value of £717 per month.
If you were able to purchase this property for the estimated value of £128,209, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £630 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 18, Gainsborough Crescent, Gateshead sits on a plot of 259m2.
We have plot size data on 10 out of 44 other houses in the postcode and 18, Gainsborough Crescent, Gateshead sits on the 3rd largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 18, Gainsborough Crescent, Gateshead within a radius of 500 metres over the last 2 years.
The most recent example is 259, Carr Hill Road, Gateshead, NE9 5ND, a Freehold house which sold for £85,000 in Feb 2020.
Read more about house prices in NE9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gainsborough Crescent, Gateshead, NE9 has a total of 44 addresses. According to our analysis of all the public data, 18, Gainsborough Crescent, Gateshead is the largest and the most expensive property on the street.
When compared to the postcode district it is £28k less expensive than the average property in NE9.
18, Gainsborough Crescent, Gateshead has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 04 Aug 2014.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 18, Gainsborough Crescent, Gateshead is Heworth station which is 1.8 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 18, Gainsborough Crescent, Gateshead, 60.2% of property is socially rented and 19.5% is privately owned with a mortgage.
The graph below shows how this compares to Greater London 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 18, Gainsborough Crescent, Gateshead, 24.7% of residents are recorded as possessing school level qualifications and 18.7% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 18, Gainsborough Crescent, Gateshead, the average age was 37.2 and the most common age was 7.
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 18, Gainsborough Crescent, Gateshead, 0.3% 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 18, Gainsborough Crescent, 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.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.