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Company No. 11113204
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According to the public record, 2, William Wailes Walk, Gateshead is a modern leasehold apartment with 538 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 2, William Wailes Walk, Gateshead is £118,727 and the estimated rental value is £839 per month.
William Wailes Walk, Gateshead, NE9 is located in the borough of Gateshead within the NE9 postal district.
2, William Wailes Walk, Gateshead has 2 entries in the Land Registry , most recently in August 2023 and a single entry in the EPC database dated October 2023.
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.
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, William Wailes Walk, Gateshead is in very good condition we estimate a sale value of £124,664 and a rental value of £881 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £110,416 and a rental value of £780 per month.
Over the last 12 months the sale value of 2 William Wailes Walk Gateshead has increased by an estimated £1,764 (1.5%) and its rental value has increased by an estimated £27 per month (3.2%), giving an expected gross yield of 8.5%.
2, William Wailes Walk, Gateshead has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 20 Oct 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, William Wailes Walk, Gateshead was last sold on 18th August 2023 for £128,200 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since August 2023, the market for similar properties has dropped 33.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, William Wailes Walk, Gateshead within a radius of 430 metres over the last 2 years.
The most recent example is 23, William Wailes Walk, Gateshead, NE9 5EW, a leasehold flat which sold for £145,000 on the 19th March 2025.
Read more about house prices in NE9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
William Wailes Walk, Gateshead, NE9 has a total of 58 addresses. According to our analysis of all the public data, 2, William Wailes Walk, Gateshead is the 50th largest and the 50th most expensive property on the street.
When compared to the postcode district it is £44k less expensive than the average property in NE9.
The closest station to 2, William Wailes Walk, Gateshead is Newcastle station which is 2.6 kilometres away.
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.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, William Wailes Walk, Gateshead, % of property is and % is .
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, William Wailes Walk, Gateshead, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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, William Wailes Walk, 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, William Wailes Walk, Gateshead, there are an average of 0.0 cars per household.
See below for how this compares to North East and the rest of England & Wales.
