According to the public record, 88, Cromer Avenue, Gateshead is a mid-century leasehold house with 818 ft2 of internal area and sits on a 197 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Cromer Avenue, Gateshead, NE9 is located in the borough of Gateshead within the NE9 postal district.
88, Cromer Avenue, Gateshead has a single entry in the Land Registry database from December 2018 and a single entry in the EPC database dated September 2018.
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.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 88 Cromer Avenue Gateshead as £223,337 and the rental value as £1,077 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 88 Cromer Avenue Gateshead has increased by £2,581 (1.2%) and its rental value has increased by £89 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 88, Cromer Avenue, Gateshead is in very good condition we estimate a sale value of £234,504 and rental value of £1,131 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £207,703 and a rental value of £1,001 per month.
If you were able to purchase this property for the estimated value of £223,337, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,098 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, 88, Cromer Avenue, Gateshead sits on a plot of 197m2.
We have plot size data on 25 out of 41 other houses in the postcode and 88, Cromer Avenue, Gateshead sits on the 21st largest plot.
According to HM Land Registry, 88, Cromer Avenue, Gateshead was last sold on 07 Dec 2018 for £186,500 and was recorded as a leasehold house.
The property has only had this single sale since 1995.
Since Dec 2018, the market for similar properties has risen 16.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 88, Cromer Avenue, Gateshead within a radius of 520 metres over the last 2 years.
The most recent example is 9, St. Austell Gardens, Gateshead, NE9 6UZ, a Leasehold house which sold for £230,000 in Oct 2023.
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, 88, Cromer Avenue, Gateshead is the 69th largest and the 65th most expensive property on the street.
When compared to the postcode district it is £67k more expensive than the average property in NE9.
88, Cromer Avenue, Gateshead has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 Sep 2018.
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 88, 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 88, 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 88, 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 88, 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 88, 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 88, 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.