According to the public record, 36, Salcombe Gardens, Gateshead is a mid-century leasehold apartment with 570 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.
36, Salcombe Gardens, Gateshead has a single entry in the Land Registry database from June 2020 and a single entry in the EPC database dated September 2021.
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 36 Salcombe Gardens Gateshead as £80,316 and the rental value as £605 per month giving an expected gross yield of 9%.
Over the last 12 months the sale value of 36 Salcombe Gardens Gateshead has increased by £1,933 (2.4%) and its rental value has increased by £58 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 36, Salcombe Gardens, Gateshead is in very good condition we estimate a sale value of £84,332 and rental value of £636 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £74,694 and a rental value of £563 per month.
If you were able to purchase this property for the estimated value of £80,316, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £395 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, 36, Salcombe Gardens, Gateshead was last sold on 02 Jun 2020 for £73,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jun 2020, the market for similar properties has risen 8.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 36, Salcombe Gardens, Gateshead within a radius of 730 metres over the last 2 years.
The most recent example is 4, Bodmin Court, Gateshead, NE9 6UP, a Leasehold flat which sold for £66,000 in Jan 2024.
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, 36, Salcombe Gardens, Gateshead is the 86th largest and the 95th most expensive property on the street.
When compared to the postcode district it is £76k less expensive than the average property in NE9.
36, Salcombe Gardens, Gateshead has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 17 Sep 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to 36, 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 36, 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 36, 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 36, 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 36, 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 36, 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.