According to the public record, 62, Larne Crescent, Gateshead is a early-century freehold house with 899 ft2 of internal area and sits on a 209 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.
62, Larne Crescent, Gateshead has 31 entries in the Land Registry database, most recently in October 2009 and a single entry in the EPC database dated October 2008.
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 62 Larne Crescent Gateshead as £215,255 and the rental value as £1,070 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 62 Larne Crescent Gateshead has increased by £3,478 (1.6%) and its rental value has increased by £93 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 62, Larne Crescent, Gateshead is in very good condition we estimate a sale value of £226,018 and rental value of £1,124 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £200,187 and a rental value of £995 per month.
If you were able to purchase this property for the estimated value of £215,255, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,058 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, 62, Larne Crescent, Gateshead sits on a plot of 209m2.
We have plot size data on 22 out of 36 other houses in the postcode and 62, Larne Crescent, Gateshead sits on the 17th largest plot.
According to HM Land Registry, 62, Larne Crescent, Gateshead was last sold on 08 Oct 2009 for £108,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Oct 2009, the market for similar properties has risen 31.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 62, Larne Crescent, Gateshead within a radius of 490 metres over the last 2 years.
The most recent example is 2, Glynwood Gardens, Gateshead, NE9 5RR, a Freehold house which sold for £170,000 in Apr 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, 62, Larne Crescent, Gateshead is the 26th largest and the 20th most expensive property on the street.
When compared to the postcode district it is £59k more expensive than the average property in NE9.
62, Larne Crescent, Gateshead has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 16 Oct 2008.
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 62, Larne Crescent, Gateshead is Heworth station which is 2.8 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 62, 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 62, 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 62, 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 62, 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 62, 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.