According to the public record, 4, Sandringham Court, Gateshead is a modern leasehold apartment with 613 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Sandringham Court, Felling, Gateshead, NE10 is located in the borough of Gateshead within the NE10 postal district.
4, Sandringham Court, Gateshead has 21 entries in the Land Registry database, most recently in July 2021 and a single entry in the EPC database dated January 2020.
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 Sandringham Court Gateshead as £72,240 and the rental value as £567 per month giving an expected gross yield of 9.4%.
Over the last 12 months the sale value of 4 Sandringham Court Gateshead has increased by £1,746 (2.4%) and its rental value has increased by £54 per month (9.5%).
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 4, Sandringham Court, Gateshead is in very good condition we estimate a sale value of £75,852 and rental value of £596 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £67,183 and a rental value of £528 per month.
If you were able to purchase this property for the estimated value of £72,240, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £355 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, Sandringham Court, Gateshead was last sold on 20 Jul 2021 for £61,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jul 2021, the market for similar properties has risen 8.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Sandringham Court, Gateshead within a radius of 500 metres over the last 2 years.
The most recent example is 23, Sandringham Court, Gateshead, NE10 9UB, a Leasehold flat which sold for £73,450 in Apr 2024.
Read more about house prices in NE10.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Sandringham Court, Felling, Gateshead, NE10 has a total of 24 addresses. According to our analysis of all the public data, 4, Sandringham Court, Gateshead is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £84k less expensive than the average property in NE10.
4, Sandringham Court, Gateshead has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 31 Jan 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to 4, Sandringham Court, Gateshead is Heworth station which is 1.6 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 4, Sandringham Court, Gateshead, 37.8% of property is privately owned with a mortgage and 23.4% 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, Sandringham Court, Gateshead, 22.6% of residents are recorded as possessing school level qualifications and 24.8% 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 4, Sandringham Court, Gateshead, the average age was 37.2 and the most common age was 7.
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, Sandringham Court, 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 4, Sandringham Court, Gateshead, there are an average of 1.1 cars per household.
See below for how this compares to North East and the rest of England & Wales.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.