According to the public record, 26, Salkeld Road, Gateshead is a early-century apartment with 678 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Salkeld Road, Gateshead, NE9 is located in the borough of Gateshead within the NE9 postal district.
26, Salkeld Road, Gateshead has no recent1 records in the Land Registry database and a single entry in the EPC database dated August 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 26 Salkeld Road Gateshead as £128,487 and the rental value as £799 per month giving an expected gross yield of 7.5%.
Over the last 12 months the sale value of 26 Salkeld Road Gateshead has increased by £4,133 (3.2%) and its rental value has increased by £83 per month (10.4%).
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 26, Salkeld Road, Gateshead is in very good condition we estimate a sale value of £134,911 and rental value of £838 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £119,493 and a rental value of £743 per month.
If you were able to purchase this property for the estimated value of £128,487, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £631 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, 26, Salkeld Road, Gateshead was last sold on 10 Sep 2001 for £52,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 26, Salkeld Road, Gateshead within a radius of 520 metres over the last 2 years.
The most recent example is 17, Beverley Road, Gateshead, NE9 5UH, a Leasehold flat which sold for £129,000 in Nov 2022.
Read more about house prices in NE9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Salkeld Road, Gateshead, NE9 has a total of 41 addresses. According to our analysis of all the public data, 26, Salkeld Road, Gateshead is the 20th largest and the 20th most expensive property on the street.
When compared to the postcode district it is £28k less expensive than the average property in NE9.
26, Salkeld Road, Gateshead has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 Aug 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 26, Salkeld Road, Gateshead is Heworth station which is 2.6 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 26, Salkeld Road, Gateshead, 31.8% of property is privately rented and 23.8% is privately owned outright.
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 26, Salkeld Road, Gateshead, 8.1% of residents are recorded as possessing school level qualifications and 39.0% 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 26, Salkeld Road, Gateshead, the average age was 43.8 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 26, Salkeld Road, 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 26, Salkeld Road, Gateshead, there are an average of 0.7 cars per household.
See below for how this compares to North East and the rest of England & Wales.