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According to the public record, 280, Saltwell Road, Gateshead is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 744 ft2 of internal area and a garden.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 280, Saltwell Road, Gateshead is £91,937 and the estimated rental value is £868 per month.
Saltwell Road, Gateshead, NE8 is located in the borough of Gateshead within the NE8 postal district.
280, Saltwell Road, Gateshead has a single entry in the Land Registry from October 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 280, Saltwell Road, Gateshead is in very good condition we estimate a sale value of £96,534 and a rental value of £911 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £85,501 and a rental value of £807 per month.
Over the last 12 months the sale value of 280 Saltwell Road Gateshead has increased by an estimated £1,431 (1.6%) and its rental value has increased by an estimated £30 per month (3.5%), giving an expected gross yield of 11.3%.
According to HM Land Registry, 280, Saltwell Road, Gateshead was last sold on 10th October 2007 for £95,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since October 2007, the market for similar properties has dropped 10.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 280, Saltwell Road, Gateshead within a radius of 400 metres over the last 2 years.
The most recent example is 56, Rayleigh Grove, Gateshead, NE8 4QQ, a leasehold flat which sold for £96,000 on the 4th February 2025.
Read more about house prices in NE8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Saltwell Road, Gateshead, NE8 has a total of 252 addresses. According to our analysis of all the public data, 280, Saltwell Road, Gateshead is the 170th largest and the 167th most expensive property on the street.
When compared to the postcode district it is £44k less expensive than the average property in NE8.
The closest station to 280, Saltwell Road, Gateshead is Dunston station which is 1.8 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 280, Saltwell Road, Gateshead, 36.3% of property is socially rented and 36.3% 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 280, Saltwell Road, Gateshead, 19.0% of residents are recorded as possessing school level qualifications and 21.5% 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 280, Saltwell Road, Gateshead, the average age was 35.8 and the most common age was 32.
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 280, Saltwell Road, 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 280, Saltwell Road, Gateshead, there are an average of 0.6 cars per household.
See below for how this compares to North East and the rest of England & Wales.
