16, Silksworth Gardens
16, Silksworth Gardens
Description & Estimates
Public records show 16, Silksworth Gardens, Gateshead to be a mid-century leasehold apartment with 570 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
16, Silksworth Gardens, Gateshead has an estimated sale value of £66,334 and an estimated rental value of £543 per month, assuming reasonable condition and based on the information available.
Silksworth Gardens, Gateshead, NE9 lies in the borough of Gateshead, within the NE9 postal district.
Our Data Sources
16, Silksworth Gardens, Gateshead has a single entry in the Land Registry from June 2018 and a single entry in the EPC database dated May 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
In very good condition, we estimate 16, Silksworth Gardens, Gateshead would be worth £69,650, with a potential rental value of £570 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £61,690, with a rental value of £505 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 16, Silksworth Gardens, Gateshead has dropped by £386 (0.6%) over the last year. During the same period, its estimated monthly rental value has risen by £11 (2.0%). The property's estimated gross yield is currently 9.8%.
Energy Efficiency
16, Silksworth Gardens, Gateshead has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 25 May 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
16, Silksworth Gardens, Gateshead last changed hands on 8th June 2018, selling for £57,500. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 18.3% since June 2018.
- Sold Jun 2018£57,500
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 590 metres of 16, Silksworth Gardens, Gateshead across the last 2 years.
Most recently, 50, Seaham Gardens, Gateshead, NE9 7EL, a leasehold flat, sold at £60,000 on the 9th January 2023.
Read more about house prices in NE9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 16, Silksworth Gardens, Gateshead as the 14th largest and the 14th most expensive of the 20 addresses on Silksworth Gardens, Gateshead, NE9.
Against the NE9 postcode district average, it is £96k less expensive than the typical property.
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Schools Nearby
- 500mSt Anne's Catholic Primary School, Harlow Green
- 600mSt Oswald's Catholic Primary, Wrekenton
- 800mHarlow Green Community Primary School
- 1.4kmCardinal Hume Catholic School, Gateshead
- 1.9kmGrace College
- 2.5kmXP Gateshead
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Public Transport Nearby
Heworth station is the nearest stop to 16, Silksworth Gardens, Gateshead at 3.5 kilometres away.
- 3.5kmHeworth
- 5.0kmDunston
- 5.6kmNewcastle
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
