2 Lynden Gate Cromer Avenue

    2 LYNDEN GATE, CROMER AVENUE, GATESHEAD, NE9 6UL

    This flat/maisonette leasehold property on Cromer Avenue last sold in January 2017 for £75,000. Based on price growth in the NE9 district since then, its estimated current value is £74,946 — placing it in the 1st percentile nationally and the 5th percentile within NE9. The property covers 35 m² (377 sq ft), giving an estimated value of £2,141 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    377 sq ft

    35 m²

    Last Sale Price

    £75,000

    Jan 2017

    Estimated Valuation

    £74,946

    Est. £/sq ft

    £199/sq ft

    £2,141/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms2
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialC
    Floor area377 sq ft (35 m²)
    EPC dateOct 2016
    WallsCavity wall, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    31 Jan 2017

    £75,000

    28 Sept 2007

    £85,000

    Key Metrics

    Estimated valuation£74,946
    Value per sq ft / m²£199/sq ft (£2,141/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE9 district percentile5th percentile
    National percentile1st percentile

    District Context — NE9

    NE9 covers Gateshead and surrounding areas in Tyne and Wear, south of the River Tyne. It is a mixed residential district with a blend of urban and suburban character, offering good transport links and community amenities.

    Average Property Price - NE9

    £217,116

    17

    National percentile

    Average Net Household Income - NE9

    £34,891

    31

    National percentile

    10-Year Annualised Price Growth - NE9

    2.5%

    16

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE9

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