According to the public record, 5 Lynden Gate, Gateshead is a modern leasehold apartment with 904 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in Lynden Gate, Cromer Avenue, Gateshead, NE9.
Cromer Avenue, Gateshead, NE9 is located in the borough of Gateshead within the NE9 postal district.
5 Lynden Gate, Gateshead has 21 entries in the Land Registry database, most recently in May 2019 and a single entry in the EPC database dated February 2019.
We combine this information with that 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.
1Sales dated prior to 2007 are shown, but are not used in our calculations.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 5 Lynden Gate Gateshead as £144,896 and the rental value as £817 per month giving an expected gross yield of 6.8%.
Over the last 12 months the sale value of 5 Lynden Gate Gateshead has increased by £3,996 (2.8%) and its rental value has increased by £81 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 5 Lynden Gate, Gateshead is in very good condition we estimate a sale value of £152,141 and rental value of £858 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £134,753 and a rental value of £760 per month.
If you were able to purchase this property for the estimated value of £144,896, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £712 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, 5 Lynden Gate, Gateshead was last sold on 31 May 2019 for £112,500 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since May 2019, the market for similar properties has risen 9.3%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 540 metres radius of 5 Lynden Gate, Gateshead over the last 2 years.
The most recent example is 21 Lynden Gate, Cromer Avenue, Gateshead, NE9 6UL, a Leasehold flat which sold for £115,000 in Mar 2024.
Read more about house prices in NE9.
Cromer Avenue, Gateshead, NE9 has a total of 91 addresses. According to our analysis of all the public data, 5 Lynden Gate, Gateshead is the 62nd largest and the 71st most expensive property on the street.
When compared to the postcode district it is £12k less expensive than the average property in NE9.
5 Lynden Gate, Gateshead has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 07 Feb 2019.
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 5 Lynden Gate, Gateshead is Heworth station which is 3.9 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 5 Lynden Gate, Gateshead, 45.2% of property is privately owned outright and 19.8% 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 5 Lynden Gate, Gateshead, 10.7% of residents are recorded as possessing school level qualifications and 27.2% 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 5 Lynden Gate, 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 5 Lynden Gate, Gateshead, 1.8% 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 5 Lynden Gate, Gateshead, there are an average of 0.9 cars per household.
See below for how this compares to North East and the rest of England & Wales.