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According to the public record, 4, Acomb Court, Gateshead is a mid-century leasehold apartment with 753 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 4, Acomb Court, Gateshead is £40,346 and the estimated rental value is £328 per month.
Acomb Court, Gateshead, NE9 is located in the borough of Gateshead within the NE9 postal district.
4, Acomb Court, Gateshead has a single entry in the Land Registry from May 2023 and a single entry in the EPC database dated November 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 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 4, Acomb Court, Gateshead is in very good condition we estimate a sale value of £42,363 and a rental value of £344 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £37,521 and a rental value of £305 per month.
Over the last 12 months the sale value of 4 Acomb Court Gateshead has decreased by an estimated £235 (0.6%) and its rental value has increased by an estimated £6 per month (2.0%), giving an expected gross yield of 9.8%.
4, Acomb Court, Gateshead has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 15 Nov 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Community scheme.
According to HM Land Registry, 4, Acomb Court, Gateshead was last sold on 12th May 2023 for £43,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since May 2023, the market for similar properties has risen 85.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Acomb Court, Gateshead within a radius of 540 metres over the last 2 years.
The most recent example is 71, Bedale Court, Gateshead, NE9 7AZ, a leasehold flat which sold for £38,000 on the 14th August 2023.
Read more about house prices in NE9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Acomb Court, Gateshead, NE9 has a total of 77 addresses. According to our analysis of all the public data, 4, Acomb Court, Gateshead is the 43rd largest and the 59th most expensive property on the street.
When compared to the postcode district it is £122k less expensive than the average property in NE9.
The closest station to 4, Acomb Court, Gateshead is Heworth station which is 3.7 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 4, Acomb Court, Gateshead, 62.3% of property is socially rented and 12.3% is privately owned outright.
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 4, Acomb Court, Gateshead, 17.2% of residents are recorded as possessing school level qualifications and 13.8% 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 4, Acomb Court, Gateshead, the average age was 43.7 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 4, Acomb Court, 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 4, Acomb Court, 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.
