16, Saltwell Place
16, Saltwell Place
Description & Estimates
According to the public record, 16, Saltwell Place, Gateshead is a period leasehold apartment with 667 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 16, Saltwell Place, Gateshead is £74,772 and the estimated rental value is £610 per month.
Saltwell Place, Gateshead, NE8 is located in the borough of Gateshead within the NE8 postal district.
Our Data Sources
16, Saltwell Place, Gateshead has 21 entries in the Land Registry , most recently in December 2023 and a single entry in the EPC database dated June 2022.
We combine this information with that 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 16, Saltwell Place, Gateshead is in very good condition we estimate a sale value of £78,510 and a rental value of £640 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £69,538 and a rental value of £567 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 16, Saltwell Place, Gateshead has increased by £733 (1.0%), while its estimated rental value has grown by £17 per month (2.8%). Based on current estimates, the property offers a gross rental yield of 9.8%.
Energy Efficiency
16, Saltwell Place, Gateshead has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 27 Jun 2022.
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, 16, Saltwell Place, Gateshead was last sold on 22nd December 2023 for £50,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since December 2023, the market for similar properties has risen by 5.4%.
- Sold Dec 2023£50,000
- Sold Sep 2004£53,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, 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, 16, Saltwell Place, Gateshead is the 44th largest and the 46th most expensive property on the street.
When compared to the postcode district it is £63k 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 16, 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.
