According to the public record, 21, Seaham Gardens, Gateshead is a mid-century leasehold apartment with 527 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Seaham Gardens, Gateshead, NE9 is located in the borough of Gateshead within the NE9 postal district.
21, Seaham Gardens, Gateshead has a single entry in the Land Registry database from November 2009 and a single entry in the EPC database dated January 2022.
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 21 Seaham Gardens Gateshead as £83,857 and the rental value as £629 per month giving an expected gross yield of 9%.
Over the last 12 months the sale value of 21 Seaham Gardens Gateshead has increased by £1,949 (2.3%) and its rental value has increased by £60 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 21, Seaham Gardens, Gateshead is in very good condition we estimate a sale value of £88,050 and rental value of £660 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £77,987 and a rental value of £585 per month.
If you were able to purchase this property for the estimated value of £83,857, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £412 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, 21, Seaham Gardens, Gateshead was last sold on 17 Nov 2009 for £77,375 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Nov 2009, the market for similar properties has risen 10.0%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 21, Seaham Gardens, Gateshead within a radius of 620 metres over the last 2 years.
The most recent example is 2, Capstan Lane, Gateshead, NE9 7JB, a Leasehold flat which sold for £71,500 in Mar 2017.
Read more about house prices in NE9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Seaham Gardens, Gateshead, NE9 has a total of 111 addresses. According to our analysis of all the public data, 21, Seaham Gardens, Gateshead is the 105th largest and the 102nd most expensive property on the street.
When compared to the postcode district it is £73k less expensive than the average property in NE9.
21, Seaham Gardens, Gateshead has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 Jan 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, Seaham Gardens, Gateshead is Heworth station which is 3.6 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 21, Seaham Gardens, Gateshead, 44.1% of property is privately owned outright and 24.4% 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 21, Seaham Gardens, Gateshead, 15.0% of residents are recorded as possessing school level qualifications and 15.8% 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 21, Seaham Gardens, Gateshead, the average age was 43.7 and the most common age was 57.
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, Seaham Gardens, 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, Seaham Gardens, 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.