88, Saltwell Place
88, Saltwell Place
Description & Estimates
Public records show 88, Saltwell Place, Gateshead to be a period leasehold apartment with 667 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms with a garden.
88, Saltwell Place, Gateshead has an estimated sale value of £74,772 and an estimated rental value of £610 per month, assuming reasonable condition and based on the information available.
Saltwell Place, Gateshead, NE8 lies in the borough of Gateshead, within the NE8 postal district.
Our Data Sources
88, Saltwell Place, Gateshead has a single entry in the Land Registry from April 2007 and a single entry in the EPC database dated September 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.
Price Range & Condition
In very good condition, we estimate 88, Saltwell Place, Gateshead would be worth £78,510, with a potential rental value of £640 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £69,538, with a rental value of £567 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 88, Saltwell Place, Gateshead has moved up by £733 (1.0%) over the last year. During the same period, its estimated monthly rental value has increased by £17 (2.8%). The property's estimated gross yield is currently 9.8%.
Energy Efficiency
88, Saltwell Place, Gateshead has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 09 Sep 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
88, Saltwell Place, Gateshead last changed hands on 5th April 2007, selling for £67,500. 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 4.8% since April 2007.
- Sold Apr 2007£67,500
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 400 metres of 88, Saltwell Place, Gateshead across the last 2 years.
Most recently, 80, Saltwell Place, Gateshead, NE8 4QY, a leasehold flat, sold at £90,000 on the 23rd October 2024.
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
Our analysis of the public data ranks 88, Saltwell Place, Gateshead as the 45th largest and the 47th most expensive of the 95 addresses on Saltwell Place, Gateshead, NE8.
Against the NE8 postcode district average, it is £63k less expensive than the typical property.
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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
Dunston station is the nearest stop to 88, Saltwell Place, Gateshead at 1.6 kilometres away.
- 1.6kmDunston
- 1.9kmNewcastle
- 2.6kmManors
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
