5 Heathfield House, Gateshead
5 Heathfield House, Gateshead
Description & Estimates
Public records show 5 Heathfield House, Gateshead to be a period leasehold apartment with 1,033 ft2 of internal area.
In this area, apartments of this size normally have 3 bedrooms.
5 Heathfield House, Gateshead has an estimated sale value of £322,592 and an estimated rental value of £1,936 per month, assuming reasonable condition and based on the information available.
The apartment sits within Heathfield House, Durham Road, Gateshead, NE9.
Durham Road, Gateshead, NE9 lies in the borough of Gateshead, within the NE9 postal district.
Our Data Sources
5 Heathfield House, Gateshead has a single entry in the Land Registry from June 2015 and a single entry in the EPC database dated June 2014.
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.
Price Range & Condition
In very good condition, we estimate 5 Heathfield House, Gateshead would be worth £338,721, with a potential rental value of £2,033 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £300,010, with a rental value of £1,801 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 5 Heathfield House, Gateshead has fallen by £1,485 (0.5%) over the last year. During the same period, its estimated monthly rental value has moved up by £41 (2.1%). The property's estimated gross yield is currently 7.2%.
Energy Efficiency
5 Heathfield House, Gateshead has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 26 Jun 2014.
The property is not connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
5 Heathfield House, Gateshead last changed hands on 26th June 2015, selling for £245,000. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 50.1% since June 2015.
- Sold Jun 2015£245,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 640 metres of 5 Heathfield House, Gateshead across the last 2 years.
Most recently, 8 Whinney House, Durham Road, Gateshead, NE9 5EZ, a leasehold flat, sold at £365,000 on the 26th September 2024.
Read more about house prices in NE9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 5 Heathfield House, Gateshead as the 188th largest and the 103rd most expensive of the 351 addresses on Durham Road, Gateshead, NE9.
Against the NE9 postcode district average, it is £160k more expensive than the typical property.
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Schools Nearby
- 300mSt Peter's Catholic Primary School, Low Fell
- 700mKells Lane Primary School
- 1.0kmKelvin Grove Community Primary School
- 1.5kmGrace College
- 1.9kmCardinal Hume Catholic School, Gateshead
- 2.3kmXP Gateshead
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Public Transport Nearby
Dunston station is the nearest stop to 5 Heathfield House, Gateshead at 2.8 kilometres away.
- 2.8kmDunston
- 3.0kmHeworth
- 3.1kmNewcastle
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
