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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, 58, Slaley Close, Gateshead is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a mid-century apartment with 612 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 58, Slaley Close, Gateshead is £61,895 and the estimated rental value is £633 per month.
Slaley Close, Gateshead, NE10 is located in the borough of Gateshead within the NE10 postal district.
58, Slaley Close, Gateshead has 71 entries in the Land Registry , most recently in December 2020 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 5 out of 5 and is considered of high 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 58, Slaley Close, Gateshead is in very good condition we estimate a sale value of £64,989 and a rental value of £665 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £57,562 and a rental value of £589 per month.
Over the last 12 months the sale value of 58 Slaley Close Gateshead has increased by an estimated £920 (1.5%) and its rental value has increased by an estimated £20 per month (3.2%), giving an expected gross yield of 12.3%.
According to HM Land Registry, 58, Slaley Close, Gateshead was last sold on 11th December 2020 for £65,000 and was recorded as a leasehold flat.
The property has had 7 sales since 1995.
Since December 2020, the market for similar properties has risen 12.0%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 750 metres radius of 58, Slaley Close, Gateshead over the last 2 years.
The most recent example is 57, Slaley Close, Gateshead, NE10 8TW, a leasehold flat which sold for £51,500 on the 30th April 2019.
Read more about house prices in NE10.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Slaley Close, Gateshead, NE10 has a total of 72 addresses. According to our analysis of all the public data, 58, Slaley Close, Gateshead is the 26th largest and the 49th most expensive property on the street.
When compared to the postcode district it is £100k less expensive than the average property in NE10.
The closest station to 58, Slaley Close, Gateshead is Heworth station which is 2.0 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 58, Slaley Close, Gateshead, 50.6% of property is privately owned outright and 32.2% is privately owned with a mortgage.
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 58, Slaley Close, Gateshead, 8.9% of residents are recorded as possessing school level qualifications and 23.5% 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 58, Slaley Close, Gateshead, the average age was 45.1 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 58, Slaley Close, Gateshead, 1.3% 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 58, Slaley Close, Gateshead, there are an average of 1.1 cars per household.
See below for how this compares to North East and the rest of England & Wales.
