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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, 22, Springwell Avenue, Gateshead is a mid-century leasehold apartment with 570 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 22, Springwell Avenue, Gateshead is £68,963 and the estimated rental value is £564 per month.
Springwell Avenue, Gateshead, NE9 is located in the borough of Gateshead within the NE9 postal district.
22, Springwell Avenue, Gateshead has a single entry in the Land Registry from September 2017 and a single entry in the EPC database dated March 2017.
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.
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 22, Springwell Avenue, Gateshead is in very good condition we estimate a sale value of £72,411 and a rental value of £593 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £64,136 and a rental value of £525 per month.
Over the last 12 months the sale value of 22 Springwell Avenue Gateshead has decreased by an estimated £401 (0.6%) and its rental value has increased by an estimated £11 per month (2.0%), giving an expected gross yield of 9.8%.
22, Springwell Avenue, Gateshead has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 20 Mar 2017.
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, 22, Springwell Avenue, Gateshead was last sold on 11th September 2017 for £60,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since September 2017, the market for similar properties has risen 12.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 22, Springwell Avenue, Gateshead within a radius of 600 metres over the last 2 years.
The most recent example is 141, High Street, Gateshead, NE9 7JR, a leasehold flat which sold for £140,000 on the 6th December 2024.
Read more about house prices in NE9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Springwell Avenue, Gateshead, NE9 has a total of 10 addresses. According to our analysis of all the public data, 22, Springwell Avenue, Gateshead is the 9th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £93k less expensive than the average property in NE9.
The closest station to 22, Springwell Avenue, Gateshead is Heworth station which is 3.2 kilometres away.
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 22, Springwell Avenue, Gateshead, 36.0% of property is privately owned outright and 32.7% is socially 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 22, Springwell Avenue, Gateshead, 14.4% of residents are recorded as possessing school level qualifications and 17.4% 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 22, Springwell Avenue, Gateshead, the average age was 39.6 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 22, Springwell Avenue, Gateshead, 0.3% 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 22, Springwell Avenue, Gateshead, there are an average of 0.9 cars per household.
See below for how this compares to North East and the rest of England & Wales.
