According to the public record, 40, Larne Crescent, Gateshead is a early-century freehold house with 936 ft2 of internal area and sits on a 553 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Larne Crescent, Gateshead, NE9 is located in the borough of Gateshead within the NE9 postal district.
40, Larne Crescent, Gateshead has a single entry in the Land Registry database from February 2016 and a single entry in the EPC database dated March 2015.
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 40 Larne Crescent Gateshead as £220,295 and the rental value as £1,084 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 40 Larne Crescent Gateshead has increased by £3,559 (1.6%) and its rental value has increased by £94 per month (8.7%).
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 40, Larne Crescent, Gateshead is in very good condition we estimate a sale value of £231,310 and rental value of £1,138 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £204,874 and a rental value of £1,008 per month.
If you were able to purchase this property for the estimated value of £220,295, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,083 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, 40, Larne Crescent, Gateshead sits on a plot of 553m2.
We have plot size data on 22 out of 36 other houses in the postcode and 40, Larne Crescent, Gateshead sits on the 3rd largest plot.
According to HM Land Registry, 40, Larne Crescent, Gateshead was last sold on 17 Feb 2016 for £110,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Feb 2016, the market for similar properties has risen 26.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, Larne Crescent, Gateshead within a radius of 480 metres over the last 2 years.
The most recent example is 47, Church Road, Gateshead, NE9 5RE, a Freehold house which sold for £205,000 in Aug 2023.
Read more about house prices in NE9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Larne Crescent, Gateshead, NE9 has a total of 54 addresses. According to our analysis of all the public data, 40, Larne Crescent, Gateshead is the 20th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £64k more expensive than the average property in NE9.
40, Larne Crescent, Gateshead has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 Mar 2015.
The property is connected to mains gas and has partial multiple glazing. It is heated using a boiler and radiators.
The closest station to 40, Larne Crescent, Gateshead is Heworth station which is 2.8 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 40, Larne Crescent, Gateshead, 40.0% of property is privately owned with a mortgage and 34.4% 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 40, Larne Crescent, Gateshead, 19.9% of residents are recorded as possessing school level qualifications and 46.1% 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 40, Larne Crescent, Gateshead, the average age was 43.8 and the most common age was 57.
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 40, Larne 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 40, Larne Crescent, Gateshead, there are an average of 1.2 cars per household.
See below for how this compares to North East and the rest of England & Wales.