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Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Blacklock Close, Gateshead is £95,458 and the estimated rental value is £856 per month.
Blacklock Close, Gateshead, NE9 is located in the borough of Gateshead within the NE9 postal district.
2, Blacklock Close, Gateshead has no recent1 records in the the Land Registry and a single entry in the EPC database dated April 2021.
We combine this information with public data of neighbouring properties to estimate the property 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 2, Blacklock Close, Gateshead is in very good condition we estimate a sale value of £100,231 and a rental value of £898 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £88,776 and a rental value of £796 per month.
Over the last 12 months the sale value of 2 Blacklock Close Gateshead has increased by an estimated £1,419 (1.5%) and its rental value has increased by an estimated £27 per month (3.2%), giving an expected gross yield of 10.8%.
2, Blacklock Close, Gateshead has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 Apr 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
According to HM Land Registry, 2, Blacklock Close, Gateshead was last sold on 25th August 2006 for £116,100 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Blacklock Close, Gateshead within a radius of 530 metres over the last 2 years.
The most recent example is 24, Blacklock Close, Gateshead, NE9 6AS, a leasehold flat which sold for £65,000 on the 5th July 2024.
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, 2, Blacklock Close, Gateshead is the 12th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £67k less expensive than the average property in NE9.
The closest station to 2, 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 2, 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 2, 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 2, 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 2, 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 2, 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.