According to the public record, 21, Medway Crescent, Gateshead is a early-century house with 871 ft2 of internal area and sits on a 5,528 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Medway Crescent, Gateshead, NE8 is located in the borough of Gateshead within the NE8 postal district.
21, Medway Crescent, Gateshead has no records in the Land Registry database and a single entry in the EPC database dated September 2022.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
•Public data including the Land Registry and EPC Register is processed and republished under the Government Open Data Licence.
•All values are estimates based on available data. All data and other content are provided subject to our Terms & Conditions.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 21 Medway Crescent Gateshead as £144,583 and the rental value as £941 per month giving an expected gross yield of 7.8%.
Over the last 12 months the sale value of 21 Medway Crescent Gateshead has increased by £5,901 (4.1%) and its rental value has increased by £104 per month (11.0%).
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 21, Medway Crescent, Gateshead is in very good condition we estimate a sale value of £151,812 and rental value of £988 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £134,462 and a rental value of £875 per month.
If you were able to purchase this property for the estimated value of £144,583, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £711 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, 21, Medway Crescent, Gateshead sits on a plot of 5528m2.
We have plot size data on 25 out of 46 other houses in the postcode and 21, Medway Crescent, Gateshead sits on the 2nd largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 21, Medway Crescent, Gateshead within a radius of 470 metres over the last 2 years.
The most recent example is 78, Carr Hill Road, Gateshead, NE9 5LR, a Freehold house which sold for £133,000 in Jun 2023.
Read more about house prices in NE8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Medway Crescent, Gateshead, NE8 has a total of 94 addresses. According to our analysis of all the public data, 21, Medway Crescent, Gateshead is the 4th largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £12k more expensive than the average property in NE8.
21, Medway Crescent, Gateshead has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 02 Sep 2022.
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 21, Medway Crescent, Gateshead is Heworth station which is 1.9 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 21, Medway Crescent, Gateshead, 88.5% of property is socially rented and 6.3% is privately owned outright.
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 21, Medway Crescent, Gateshead, 36.2% of residents are recorded as possessing school level qualifications and 10.7% 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 21, Medway 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 21, Medway 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 21, Medway Crescent, Gateshead, there are an average of 0.6 cars per household.
See below for how this compares to North East and the rest of England & Wales.