96, Saltwell Place
96, Saltwell Place
Description & Estimates
Public records show 96, Saltwell Place, Gateshead to be a period leasehold apartment with 678 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms with a garden.
96, Saltwell Place, Gateshead has an estimated sale value of £75,269 and an estimated rental value of £614 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
96, Saltwell Place, Gateshead has a single entry in the Land Registry from September 2017 and a single entry in the EPC database dated January 2017.
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 96, Saltwell Place, Gateshead would be worth £79,032, with a potential rental value of £644 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £70,000, with a rental value of £571 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 96, Saltwell Place, Gateshead has climbed by £738 (1.0%) over the last year. During the same period, its estimated monthly rental value has risen by £17 (2.8%). The property's estimated gross yield is currently 9.8%.
Energy Efficiency
96, Saltwell Place, Gateshead has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 23 Jan 2017.
The property is connected to mains gas and has fully double glazed windows. It is heated using Room heaters, mains gas.
Sold Prices
96, Saltwell Place, Gateshead last changed hands on 26th September 2017, selling for £55,000. 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 risen by 17.1% since September 2017.
- Sold Sep 2017£55,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 400 metres of 96, 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 96, Saltwell Place, Gateshead as the 39th largest and the 41st most expensive of the 95 addresses on Saltwell Place, Gateshead, NE8.
Against the NE8 postcode district average, it is £62k 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
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Public Transport Nearby
Dunston station is the nearest stop to 96, 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.
