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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, 14, Blacklock Close, Gateshead is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 544 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 14, Blacklock Close, Gateshead is £84,807 and the estimated rental value is £773 per month.
Blacklock Close, Gateshead, NE9 is located in the borough of Gateshead within the NE9 postal district.
14, Blacklock Close, Gateshead has 21 entries in the Land Registry , most recently in February 2021 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
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 14, Blacklock Close, Gateshead is in very good condition we estimate a sale value of £89,047 and a rental value of £812 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £78,870 and a rental value of £719 per month.
Over the last 12 months the sale value of 14 Blacklock Close Gateshead has increased by an estimated £1,260 (1.5%) and its rental value has increased by an estimated £25 per month (3.2%), giving an expected gross yield of 10.9%.
According to HM Land Registry, 14, Blacklock Close, Gateshead was last sold on 5th February 2021 for £79,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since February 2021, the market for similar properties has dropped 11.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 14, Blacklock Close, Gateshead within a radius of 520 metres over the last 2 years.
The most recent example is 10, Blacklock Close, Gateshead, NE9 6AS, a leasehold flat which sold for £89,000 on the 20th July 2021.
Read more about house prices in NE9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Blacklock Close, Gateshead, NE9 has a total of 35 addresses. According to our analysis of all the public data, 14, Blacklock Close, Gateshead is the 35th largest and the 34th most expensive property on the street.
When compared to the postcode district it is £78k less expensive than the average property in NE9.
The closest station to 14, Blacklock Close, Gateshead is Heworth station which is 2.5 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 14, Blacklock Close, Gateshead, 48.8% of property is socially rented and 20.1% is privately rented.
The graph below shows how this compares to North East 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 14, Blacklock Close, Gateshead, 13.3% of residents are recorded as possessing school level qualifications and 21.2% as possessing degree level qualifications.
The graph below shows how this compares to North East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 14, Blacklock Close, Gateshead, the average age was 43.8 and the most common age was 57.
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 14, Blacklock Close, 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 14, Blacklock Close, Gateshead, there are an average of 0.8 cars per household.
See below for how this compares to North East and the rest of England & Wales.
