According to the public record, 21, Blake Walk, Gateshead is a mid-century apartment with 538 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Blake Walk, Gateshead, NE8 is located in the borough of Gateshead within the NE8 postal district.
21, Blake Walk, Gateshead has no records in the Land Registry database and a single entry in the EPC database dated March 2022.
We combine this information with public data 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 21 Blake Walk Gateshead as £44,810 and the rental value as £360 per month giving an expected gross yield of 9.6%.
Over the last 12 months the sale value of 21 Blake Walk Gateshead has increased by £1,414 (3.2%) and its rental value has increased by £35 per month (9.8%).
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 21, Blake Walk, Gateshead is in very good condition we estimate a sale value of £47,050 and rental value of £378 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £41,673 and a rental value of £335 per month.
If you were able to purchase this property for the estimated value of £44,810, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £220 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 the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 21, Blake Walk, Gateshead within a radius of 550 metres over the last 2 years.
The most recent example is 185, Sunderland Road, Gateshead, NE8 3EX, a Leasehold flat which sold for £30,500 in Aug 2010.
Read more about house prices in NE8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Blake Walk, Gateshead, NE8 has a total of 39 addresses. According to our analysis of all the public data, 21, Blake Walk, Gateshead is the 30th largest and the 30th most expensive property on the street.
When compared to the postcode district it is £88k less expensive than the average property in NE8.
21, Blake Walk, Gateshead has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 17 Mar 2022.
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 21, Blake Walk, Gateshead is Manors station which is 1.8 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 21, Blake Walk, Gateshead, 72.3% of property is socially rented and 12.1% is privately rented.
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 21, Blake Walk, Gateshead, 22.5% of residents are recorded as possessing school level qualifications and 13.5% 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 21, Blake Walk, Gateshead, the average age was 35.8 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 21, Blake Walk, 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 21, Blake Walk, Gateshead, there are an average of 0.4 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.