According to the public record, 7, Ravensdale Crescent, Gateshead is a period freehold house with 1,184 ft2 of internal area and sits on a 158 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Ravensdale Crescent, Gateshead, NE9 is located in the borough of Gateshead within the NE9 postal district.
7, Ravensdale Crescent, Gateshead has 2 entries in the Land Registry database, most recently in June 2022 and a single entry in the EPC database dated March 2022.
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 7 Ravensdale Crescent Gateshead as £294,691 and the rental value as £1,302 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of 7 Ravensdale Crescent Gateshead has increased by £3,553 (1.2%) and its rental value has increased by £106 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 7, Ravensdale Crescent, Gateshead is in very good condition we estimate a sale value of £309,426 and rental value of £1,367 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £274,063 and a rental value of £1,211 per month.
If you were able to purchase this property for the estimated value of £294,691, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,448 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, 7, Ravensdale Crescent, Gateshead sits on a plot of 158m2.
We have plot size data on 18 out of 42 other houses in the postcode and 7, Ravensdale Crescent, Gateshead sits on the 13th largest plot.
According to HM Land Registry, 7, Ravensdale Crescent, Gateshead was last sold on 24 Jun 2022 for £310,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jun 2022, the market for similar properties has risen 2.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Ravensdale Crescent, Gateshead within a radius of 470 metres over the last 2 years.
The most recent example is 25, Ravensdale Crescent, Gateshead, NE9 5YJ, a Freehold house which sold for £280,000 in May 2023.
Read more about house prices in NE9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ravensdale Crescent, Gateshead, NE9 has a total of 42 addresses. According to our analysis of all the public data, 7, Ravensdale Crescent, Gateshead is the 36th largest and the 36th most expensive property on the street.
When compared to the postcode district it is £138k more expensive than the average property in NE9.
7, Ravensdale Crescent, Gateshead has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 26 Mar 2022.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to 7, Ravensdale 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 7, Ravensdale Crescent, Gateshead, 47.9% of property is privately owned outright and 42.4% 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 7, Ravensdale Crescent, Gateshead, 23.0% of residents are recorded as possessing school level qualifications and 52.8% 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 7, Ravensdale 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 7, Ravensdale Crescent, 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 7, Ravensdale Crescent, Gateshead, there are an average of 1.3 cars per household.
See below for how this compares to North East and the rest of England & Wales.