According to the public record, 3, Carlton Terrace, Gateshead is a early-century freehold house with 2,766 ft2 of internal area and sits on a 493 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Carlton Terrace, Low Fell, Gateshead, NE9 is located in the borough of Gateshead within the NE9 postal district.
3, Carlton Terrace, Gateshead has a single entry in the Land Registry database from April 2021 and a single entry in the EPC database dated December 2020.
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 3 Carlton Terrace Gateshead as £611,985 and the rental value as £2,674 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of 3 Carlton Terrace Gateshead has increased by £7,771 (1.3%) and its rental value has increased by £219 per month (8.2%).
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 3, Carlton Terrace, Gateshead is in very good condition we estimate a sale value of £642,584 and rental value of £2,807 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £569,146 and a rental value of £2,487 per month.
If you were able to purchase this property for the estimated value of £611,985, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,008 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, 3, Carlton Terrace, Gateshead sits on a plot of 493m2.
We have plot size data on 7 out of 10 other houses in the postcode and 3, Carlton Terrace, Gateshead sits on the 2nd largest plot.
According to HM Land Registry, 3, Carlton Terrace, Gateshead was last sold on 26 Apr 2021 for £500,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Apr 2021, the market for similar properties has risen 10.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Carlton Terrace, Gateshead within a radius of 550 metres over the last 2 years.
The most recent example is 10, Carlton Terrace, Gateshead, NE9 6DE, a Freehold house which sold for £655,000 in Oct 2021.
Read more about house prices in NE9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Carlton Terrace, Low Fell, Gateshead, NE9 has a total of 36 addresses. According to our analysis of all the public data, 3, Carlton Terrace, Gateshead is the 8th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £455k more expensive than the average property in NE9.
3, Carlton Terrace, Gateshead has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 01 Dec 2020.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to 3, Carlton Terrace, Gateshead is Dunston station which is 2.9 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 3, Carlton Terrace, 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 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 3, Carlton Terrace, 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 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 3, Carlton Terrace, 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 3, Carlton Terrace, 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 3, Carlton Terrace, 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.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.