According to the public record, 3 Westfield Lodge, Gateshead is a period apartment with 581 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
The apartment is in Westfield Lodge, Saltwell Road South, Gateshead, NE9.
Saltwell Road South, Gateshead, NE9 is located in the borough of Gateshead within the NE9 postal district.
3 Westfield Lodge, Gateshead has no records in the Land Registry database and a single entry in the EPC database dated September 2019.
We combine this information with public data 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 3 Westfield Lodge Gateshead as £130,537 and the rental value as £747 per month giving an expected gross yield of 6.9%.
Over the last 12 months the sale value of 3 Westfield Lodge Gateshead has increased by £4,361 (3.3%) and its rental value has increased by £78 per month (10.5%).
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 3 Westfield Lodge, Gateshead is in very good condition we estimate a sale value of £137,064 and rental value of £784 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £121,399 and a rental value of £695 per month.
If you were able to purchase this property for the estimated value of £130,537, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £642 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 3 sales of properties similar to 3 Westfield Lodge, Gateshead within a radius of 710 metres over the last 2 years.
The most recent example is 8, Worley Avenue, Gateshead, NE9 6AL, a Leasehold flat which sold for £148,500 in Jul 2023.
Read more about house prices in NE9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Saltwell Road South, Gateshead, NE9 has a total of 80 addresses. According to our analysis of all the public data, 3 Westfield Lodge, Gateshead is the 57th largest and the 54th most expensive property on the street.
When compared to the postcode district it is £26k less expensive than the average property in NE9.
3 Westfield Lodge, Gateshead has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 12 Sep 2019.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to 3 Westfield Lodge, Gateshead is Dunston station which is 3.0 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 3 Westfield Lodge, Gateshead, 41.3% of property is privately owned with a mortgage and 38.1% 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 3 Westfield Lodge, Gateshead, 14.9% of residents are recorded as possessing school level qualifications and 44.8% 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 3 Westfield Lodge, 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 3 Westfield Lodge, Gateshead, 0.8% 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 3 Westfield Lodge, Gateshead, there are an average of 1.2 cars per household.
See below for how this compares to North East and the rest of England & Wales.