According to the public record, 26, Claremont North Avenue, Gateshead is a period leasehold apartment with 602 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Claremont North Avenue, Gateshead, NE8 is located in the borough of Gateshead within the NE8 postal district.
26, Claremont North Avenue, Gateshead has 31 entries in the Land Registry database, most recently in November 2013 and a single entry in the EPC database dated August 2013.
We combine this information with that 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 26 Claremont North Avenue Gateshead as £76,079 and the rental value as £599 per month giving an expected gross yield of 9.5%.
Over the last 12 months the sale value of 26 Claremont North Avenue Gateshead has increased by £2,412 (3.2%) and its rental value has increased by £59 per month (9.9%).
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 26, Claremont North Avenue, Gateshead is in very good condition we estimate a sale value of £79,883 and rental value of £629 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £70,753 and a rental value of £558 per month.
If you were able to purchase this property for the estimated value of £76,079, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £374 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 HM Land Registry, 26, Claremont North Avenue, Gateshead was last sold on 22 Nov 2013 for £71,500 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Nov 2013, the market for similar properties has risen 19.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 26, Claremont North Avenue, Gateshead within a radius of 440 metres over the last 2 years.
The most recent example is 44, Claremont North Avenue, Gateshead, NE8 1RH, a Leasehold flat which sold for £85,000 in Aug 2021.
Read more about house prices in NE8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Claremont North Avenue, Gateshead, NE8 has a total of 52 addresses. According to our analysis of all the public data, 26, Claremont North Avenue, Gateshead is the 41st largest and the 42nd most expensive property on the street.
When compared to the postcode district it is £57k less expensive than the average property in NE8.
26, Claremont North Avenue, Gateshead has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 08 Aug 2013.
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 26, Claremont North Avenue, Gateshead is Newcastle station which is 1.4 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 26, Claremont North Avenue, Gateshead, 53.5% of property is privately rented and 29.9% 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 26, Claremont North Avenue, Gateshead, 10.3% of residents are recorded as possessing school level qualifications and 31.2% 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 26, Claremont North Avenue, Gateshead, the average age was 38.1 and the most common age was 27.
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 26, Claremont North Avenue, Gateshead, 0.9% 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 26, Claremont North Avenue, 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.