According to the public record, 75, Camborne Grove, Gateshead is a period leasehold apartment with 581 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Camborne Grove, Gateshead, NE8 is located in the borough of Gateshead within the NE8 postal district.
75, Camborne Grove, Gateshead has a single entry in the Land Registry database from July 2021 and a single entry in the EPC database dated March 2021.
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 75 Camborne Grove Gateshead as £75,376 and the rental value as £598 per month giving an expected gross yield of 9.5%.
Over the last 12 months the sale value of 75 Camborne Grove Gateshead has increased by £2,410 (3.2%) and its rental value has increased by £59 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 75, Camborne Grove, Gateshead is in very good condition we estimate a sale value of £79,145 and rental value of £628 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £70,099 and a rental value of £556 per month.
If you were able to purchase this property for the estimated value of £75,376, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £370 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, 75, Camborne Grove, Gateshead was last sold on 28 Jul 2021 for £58,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jul 2021, the market for similar properties has risen 11.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 75, Camborne Grove, Gateshead within a radius of 430 metres over the last 2 years.
The most recent example is 67, Shipcote Terrace, Gateshead, NE8 4AA, a Leasehold flat which sold for £70,000 in May 2024.
Read more about house prices in NE8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Camborne Grove, Gateshead, NE8 has a total of 94 addresses. According to our analysis of all the public data, 75, Camborne Grove, Gateshead is the 92nd largest and the 90th most expensive property on the street.
When compared to the postcode district it is £57k less expensive than the average property in NE8.
75, Camborne Grove, Gateshead has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 16 Mar 2021.
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 75, Camborne Grove, Gateshead is Newcastle station which is 2.0 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 75, Camborne Grove, Gateshead, 57.5% of property is socially rented and 20.7% is privately rented.
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 75, Camborne Grove, Gateshead, 8.3% of residents are recorded as possessing school level qualifications and 20.4% 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 75, Camborne Grove, Gateshead, the average age was 35.8 and the most common age was 32.
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 75, Camborne Grove, 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 75, Camborne Grove, Gateshead, there are an average of 0.3 cars per household.
See below for how this compares to North East and the rest of England & Wales.