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According to the public record, 75, Saltwell Place, Gateshead is a period leasehold apartment with 635 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 75, Saltwell Place, Gateshead is £73,252 and the estimated rental value is £598 per month.
Saltwell Place, Gateshead, NE8 is located in the borough of Gateshead within the NE8 postal district.
75, Saltwell Place, Gateshead has a single entry in the Land Registry from March 2010 and a single entry in the EPC database dated December 2019.
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.
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 75, Saltwell Place, Gateshead is in very good condition we estimate a sale value of £76,915 and a rental value of £628 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £68,125 and a rental value of £556 per month.
Over the last 12 months the sale value of 75 Saltwell Place Gateshead has increased by an estimated £718 (1.0%) and its rental value has increased by an estimated £17 per month (2.8%), giving an expected gross yield of 9.8%.
75, Saltwell Place, Gateshead has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 09 Dec 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 75, Saltwell Place, Gateshead was last sold on 26th March 2010 for £51,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since March 2010, the market for similar properties has risen 10.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 75, Saltwell Place, Gateshead within a radius of 390 metres over the last 2 years.
The most recent example is 25, Saltwell Place, Gateshead, NE8 4QY, a leasehold flat which sold for £135,000 on the 5th July 2024.
Read more about house prices in NE8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Saltwell Place, Gateshead, NE8 has a total of 95 addresses. According to our analysis of all the public data, 75, Saltwell Place, Gateshead is the 62nd largest and the 64th most expensive property on the street.
When compared to the postcode district it is £64k less expensive than the average property in NE8.
The closest station to 75, Saltwell Place, Gateshead is Dunston station which is 1.6 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 75, Saltwell Place, Gateshead, 69.0% of property is privately rented and 13.4% 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 75, Saltwell Place, Gateshead, 17.5% of residents are recorded as possessing school level qualifications and 25.9% 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 75, Saltwell Place, Gateshead, the average age was 38.1 and the most common age was 27.
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 75, Saltwell Place, 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 75, Saltwell Place, Gateshead, there are an average of 0.5 cars per household.
See below for how this compares to North East and the rest of England & Wales.
