According to the public record, 5, Appleby Gardens, Gateshead is a mid-century leasehold apartment with 484 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Appleby Gardens, Gateshead, NE9 is located in the borough of Gateshead within the NE9 postal district.
5, Appleby Gardens, Gateshead has 2 entries in the Land Registry database, most recently in September 2008 and a single entry in the EPC database dated January 2023.
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 5 Appleby Gardens Gateshead as £54,088 and the rental value as £439 per month giving an expected gross yield of 9.7%.
Over the last 12 months the sale value of 5 Appleby Gardens Gateshead has increased by £1,277 (2.4%) and its rental value has increased by £42 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 5, Appleby Gardens, Gateshead is in very good condition we estimate a sale value of £56,793 and rental value of £461 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £50,302 and a rental value of £409 per month.
If you were able to purchase this property for the estimated value of £54,088, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £266 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, 5, Appleby Gardens, Gateshead was last sold on 19 Sep 2008 for £66,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Sep 2008, the market for similar properties has risen 4.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Appleby Gardens, Gateshead within a radius of 540 metres over the last 2 years.
The most recent example is 30, Colton Gardens, Gateshead, NE9 6NQ, a Leasehold flat which sold for £53,750 in Mar 2024.
Read more about house prices in NE9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Appleby Gardens, Gateshead, NE9 has a total of 40 addresses. According to our analysis of all the public data, 5, Appleby Gardens, Gateshead is the 19th largest and the 30th most expensive property on the street.
When compared to the postcode district it is £102k less expensive than the average property in NE9.
5, Appleby Gardens, Gateshead has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 Jan 2023.
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 5, Appleby Gardens, 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 5, Appleby Gardens, Gateshead, 41.4% of property is socially rented and 26.6% 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 5, Appleby Gardens, Gateshead, 13.2% of residents are recorded as possessing school level qualifications and 18.5% 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 5, Appleby Gardens, Gateshead, the average age was 43.7 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 5, Appleby 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 5, Appleby Gardens, Gateshead, there are an average of 0.8 cars per household.
See below for how this compares to North East and the rest of England & Wales.