According to the public record, 111, Celandine Way, Gateshead is a mid-century leasehold apartment with 409 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Celandine Way, Gateshead, NE10 is located in the borough of Gateshead within the NE10 postal district.
111, Celandine Way, Gateshead has 21 entries in the Land Registry database, most recently in April 2018 and a single entry in the EPC database dated April 2017.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 111 Celandine Way Gateshead as £55,480 and the rental value as £438 per month giving an expected gross yield of 9.5%.
Over the last 12 months the sale value of 111 Celandine Way Gateshead has increased by £1,294 (2.3%) and its rental value has increased by £42 per month (9.5%).
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 111, Celandine Way, Gateshead is in very good condition we estimate a sale value of £58,254 and rental value of £460 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £51,597 and a rental value of £407 per month.
If you were able to purchase this property for the estimated value of £55,480, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £273 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, 111, Celandine Way, Gateshead was last sold on 18 Apr 2018 for £52,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Apr 2018, the market for similar properties has risen 13.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 111, Celandine Way, Gateshead within a radius of 690 metres over the last 2 years.
The most recent example is 66, Dykes Way, Gateshead, NE10 8QN, a Leasehold flat which sold for £60,000 in Mar 2023.
Read more about house prices in NE10.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Celandine Way, Gateshead, NE10 has a total of 117 addresses. According to our analysis of all the public data, 111, Celandine Way, Gateshead is the 101st largest and the 106th most expensive property on the street.
When compared to the postcode district it is £101k less expensive than the average property in NE10.
111, Celandine Way, Gateshead has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 26 Apr 2017.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 111, Celandine Way, Gateshead is Heworth station which is 1.6 kilometres away.
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 111, Celandine Way, Gateshead, 46.9% of property is privately owned outright and 36.3% is privately owned with a mortgage.
The graph below shows how this compares to Greater London 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 111, Celandine Way, Gateshead, 13.6% of residents are recorded as possessing school level qualifications and 29.8% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 111, Celandine Way, Gateshead, the average age was 43.8 and the most common age was 62.
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 111, Celandine Way, Gateshead, 0.9% 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 111, Celandine Way, 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.