57, Saltwell Place
57, Saltwell Place
Description & Estimates
57, Saltwell Place, Gateshead is recorded publicly as a period leasehold apartment across 635 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 57, Saltwell Place, Gateshead is £73,252 and its rental estimate is £598 per month, given the available information and assuming reasonable condition.
Saltwell Place, Gateshead, NE8 falls within the NE8 postal district, in the borough of Gateshead.
Our Data Sources
57, Saltwell Place, Gateshead has 21 entries in the Land Registry , most recently in February 2007 and a single entry in the EPC database dated May 2022.
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.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 57, Saltwell Place, Gateshead, we estimate a market value of £76,915 and a rental value of £628 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £68,125 and £556 per month respectively.
Recent Market Change
Over the last year, 57, Saltwell Place, Gateshead has seen its estimated sale value grow by £718 (1.0%) and its estimated rental value climb by £17 per month (2.8%). This results in an estimated gross rental yield of 9.8%.
Energy Efficiency
57, Saltwell Place, Gateshead has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 20 May 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 57, Saltwell Place, Gateshead completed on 16th February 2007 at £74,950 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 3.7% over the period since February 2007.
- Sold Feb 2007£74,950
- Sold Nov 2004£57,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 57, Saltwell Place, Gateshead have sold within a radius of 400 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 5th July 2024, was 25, Saltwell Place, Gateshead, NE8 4QY, a leasehold flat which sold for £135,000.
Read more about house prices in NE8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 95 addresses on Saltwell Place, Gateshead, NE8, 57, Saltwell Place, Gateshead comes out as the 66th largest and the 68th most expensive in our analysis of the public data.
It is also £64k less expensive than the average property across the NE8 district.
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Schools Nearby
- 200mBrighton Avenue Primary School
- 400mCorpus Christi Catholic Primary School, Gateshead
- 400mKelvin Grove Community Primary School
- 1.8kmNorth East Futures UTC
- 2.4kmKingsmeadow Community School
- 2.5kmGrace College
More reading links
Public Transport Nearby
From 57, Saltwell Place, Gateshead, the nearest station is Dunston, 1.6 kilometres away.
- 1.6kmDunston
- 1.9kmNewcastle
- 2.6kmManors
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
