According to the public record, 2, Okehampton Court, Gateshead is a mid-century leasehold apartment with 452 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Okehampton Court, Gateshead, NE9 is located in the borough of Gateshead within the NE9 postal district.
2, Okehampton Court, Gateshead has a single entry in the Land Registry database from January 2009 and a single entry in the EPC database dated July 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
•Public data including the Land Registry and EPC Register is processed and republished under the Government Open Data Licence.
•All values are estimates based on available data. All data and other content are provided subject to our Terms & Conditions.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 2 Okehampton Court Gateshead as £73,766 and the rental value as £552 per month giving an expected gross yield of 9%.
Over the last 12 months the sale value of 2 Okehampton Court Gateshead has increased by £1,728 (2.3%) and its rental value has increased by £52 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 2, Okehampton Court, Gateshead is in very good condition we estimate a sale value of £77,455 and rental value of £580 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £68,603 and a rental value of £514 per month.
If you were able to purchase this property for the estimated value of £73,766, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £363 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, 2, Okehampton Court, Gateshead was last sold on 23 Jan 2009 for £67,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jan 2009, the market for similar properties has risen 8.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Okehampton Court, Gateshead within a radius of 510 metres over the last 2 years.
The most recent example is 9, Bodmin Court, Gateshead, NE9 6UP, a Leasehold flat which sold for £78,000 in Jan 2024.
Read more about house prices in NE9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Okehampton Court, Gateshead, NE9 has a total of 16 addresses. According to our analysis of all the public data, 2, Okehampton Court, Gateshead is the 14th largest and the 14th most expensive property on the street.
When compared to the postcode district it is £83k less expensive than the average property in NE9.
2, Okehampton Court, Gateshead has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 28 Jul 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to 2, Okehampton Court, Gateshead is Heworth station which is 3.9 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Okehampton Court, Gateshead, 45.2% of property is privately owned outright and 19.8% 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 2, Okehampton Court, Gateshead, 10.7% of residents are recorded as possessing school level qualifications and 27.2% 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 2, Okehampton Court, Gateshead, the average age was 46 and the most common age was 52.
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 2, Okehampton Court, Gateshead, 1.8% 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 2, Okehampton Court, Gateshead, there are an average of 0.9 cars per household.
See below for how this compares to North East and the rest of England & Wales.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.