According to the public record, 4, Capstan Court, Gateshead is a modern leasehold apartment with 742 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Capstan Court, Gateshead, NE9 is located in the borough of Gateshead within the NE9 postal district.
4, Capstan Court, Gateshead has 41 entries in the Land Registry database, most recently in May 2018 and a single entry in the EPC database dated March 2013.
We combine this information with that 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 4 Capstan Court Gateshead as £66,861 and the rental value as £505 per month giving an expected gross yield of 9.1%.
Over the last 12 months the sale value of 4 Capstan Court Gateshead has increased by £1,535 (2.3%) and its rental value has increased by £48 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 4, Capstan Court, Gateshead is in very good condition we estimate a sale value of £70,204 and rental value of £530 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £62,181 and a rental value of £469 per month.
If you were able to purchase this property for the estimated value of £66,861, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £329 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, 4, Capstan Court, Gateshead was last sold on 10 May 2018 for £87,500 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since May 2018, the market for similar properties has risen 12.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Capstan Court, Gateshead within a radius of 680 metres over the last 2 years.
The most recent example is 82, Chopwell Gardens, Gateshead, NE9 7QE, a Leasehold flat which sold for £15,300 in Apr 2014.
Read more about house prices in NE9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Capstan Court, Gateshead, NE9 has a total of 4 addresses. According to our analysis of all the public data, 4, Capstan Court, Gateshead is the 3rd largest and the 4th most expensive property on the street.
When compared to the postcode district it is £90k less expensive than the average property in NE9.
4, Capstan Court, Gateshead has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 07 Mar 2013.
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 4, Capstan Court, Gateshead is Heworth station which is 3.4 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 4, Capstan Court, Gateshead, 36.0% of property is privately owned outright and 32.7% is socially rented.
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 4, Capstan Court, Gateshead, 14.4% of residents are recorded as possessing school level qualifications and 17.4% 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 4, Capstan Court, Gateshead, the average age was 39.6 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 4, Capstan Court, Gateshead, 0.3% 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 4, Capstan Court, 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.