According to the public record, 22, Salcombe Gardens, Gateshead is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a mid-century apartment with 715 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Salcombe Gardens, Gateshead, NE9 is located in the borough of Gateshead within the NE9 postal district.
22, Salcombe Gardens, Gateshead has 31 entries in the Land Registry database, most recently in June 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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.
1Sales dated prior to 2007 are shown, but are not used in our calculations.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 22 Salcombe Gardens Gateshead as £88,463 and the rental value as £638 per month giving an expected gross yield of 8.7%.
Over the last 12 months the sale value of 22 Salcombe Gardens Gateshead has increased by £2,130 (2.4%) and its rental value has increased by £61 per month (9.6%).
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 22, Salcombe Gardens, Gateshead is in very good condition we estimate a sale value of £92,886 and rental value of £670 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £82,270 and a rental value of £593 per month.
If you were able to purchase this property for the estimated value of £88,463, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £435 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, 22, Salcombe Gardens, Gateshead was last sold on 22 Jun 2007 for £106,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Jun 2007, the market for similar properties has dropped 7.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 22, Salcombe Gardens, Gateshead within a radius of 710 metres over the last 2 years.
The most recent example is 137, Dartmouth Avenue, Gateshead, NE9 6NX, a Leasehold flat which sold for £85,750 in Nov 2023.
Read more about house prices in NE9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Salcombe Gardens, Gateshead, NE9 has a total of 101 addresses. According to our analysis of all the public data, 22, Salcombe Gardens, Gateshead is the 83rd largest and the 89th most expensive property on the street.
When compared to the postcode district it is £68k less expensive than the average property in NE9.
The closest station to 22, Salcombe Gardens, Gateshead is Dunston station which is 3.9 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 22, Salcombe Gardens, Gateshead, 47.9% of property is privately owned outright and 38.0% 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 22, Salcombe Gardens, Gateshead, 15.0% of residents are recorded as possessing school level qualifications and 28.0% 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 22, Salcombe Gardens, 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 22, Salcombe 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 22, Salcombe Gardens, Gateshead, there are an average of 1.3 cars per household.
See below for how this compares to North East and the rest of England & Wales.