1, Saltwell Place
1, Saltwell Place
Description & Estimates
According to the public record, 1, Saltwell Place, Gateshead is a period apartment with 645 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 1, Saltwell Place, Gateshead is £73,764 and the estimated rental value is £602 per month.
Saltwell Place, Gateshead, NE8 is located in the borough of Gateshead within the NE8 postal district.
Our Data Sources
1, Saltwell Place, Gateshead has no recent1 records in the the Land Registry and a single entry in the EPC database dated February 2020.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
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 1, Saltwell Place, Gateshead is in very good condition we estimate a sale value of £77,452 and a rental value of £632 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £68,600 and a rental value of £560 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 1, Saltwell Place, Gateshead has climbed by £723 (1.0%), while its estimated rental value has risen by £17 per month (2.8%). Based on current estimates, the property offers a gross rental yield of 9.8%.
Energy Efficiency
1, Saltwell Place, Gateshead has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 Feb 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 1, Saltwell Place, Gateshead was last sold on 14th February 2006 for £74,950 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
- Sold Feb 2006£74,950
- Sold Jan 2005£65,000
- Sold May 2004£84,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Saltwell Place, Gateshead within a radius of 410 metres over the last 2 years.
The most recent example is 25, Saltwell Place, Gateshead, NE8 4QY, a leasehold flat which sold for £135,000 on the 5th July 2024.
Read more about house prices in NE8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Saltwell Place, Gateshead, NE8 has a total of 95 addresses. According to our analysis of all the public data, 1, Saltwell Place, Gateshead is the 56th largest and the 58th most expensive property on the street.
When compared to the postcode district it is £64k less expensive than the average property in NE8.
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Schools Nearby
- 200mBrighton Avenue Primary School
- 400mCorpus Christi Catholic Primary School, Gateshead
- 400mKelvin Grove Community Primary School
- 1.8kmNorth East Futures UTC
- 2.4kmKingsmeadow Community School
- 2.5kmGrace College
More reading links
Public Transport Nearby
The closest station to 1, Saltwell Place, Gateshead is Dunston station, which is 1.6 kilometres away.
- 1.6kmDunston
- 1.9kmNewcastle
- 2.6kmManors
Available Internet Speeds
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
