According to the public record, 78, Cromer Avenue, Gateshead is a mid-century leasehold house with 1,109 ft2 of internal area and sits on a 206 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Cromer Avenue, Gateshead, NE9 is located in the borough of Gateshead within the NE9 postal district.
78, Cromer Avenue, Gateshead has 31 entries in the Land Registry database, most recently in March 2017 and a single entry in the EPC database dated January 2012.
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 78 Cromer Avenue Gateshead as £266,009 and the rental value as £1,201 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of 78 Cromer Avenue Gateshead has increased by £2,585 (1.0%) and its rental value has increased by £96 per month (8.0%).
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 78, Cromer Avenue, Gateshead is in very good condition we estimate a sale value of £279,310 and rental value of £1,262 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £247,389 and a rental value of £1,117 per month.
If you were able to purchase this property for the estimated value of £266,009, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,307 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, 78, Cromer Avenue, Gateshead sits on a plot of 206m2.
We have plot size data on 25 out of 41 other houses in the postcode and 78, Cromer Avenue, Gateshead sits on the 20th largest plot.
According to HM Land Registry, 78, Cromer Avenue, Gateshead was last sold on 03 Mar 2017 for £193,250 and was recorded as a leasehold house.
The property has had 3 sales since 1995.
Since Mar 2017, the market for similar properties has risen 18.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 78, Cromer Avenue, Gateshead within a radius of 520 metres over the last 2 years.
The most recent example is 3, Cromer Court, Gateshead, NE9 6YZ, a Freehold house which sold for £266,000 in Jan 2022.
Read more about house prices in NE9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cromer Avenue, Gateshead, NE9 has a total of 91 addresses. According to our analysis of all the public data, 78, Cromer Avenue, Gateshead is the 35th largest and the 19th most expensive property on the street.
When compared to the postcode district it is £109k more expensive than the average property in NE9.
78, Cromer Avenue, Gateshead has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 23 Jan 2012.
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 78, Cromer Avenue, 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 78, Cromer Avenue, 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 78, Cromer Avenue, 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 78, Cromer Avenue, 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 78, Cromer Avenue, 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 78, Cromer Avenue, 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.