According to the public record, 5, Seaham Gardens, Gateshead is a mid-century apartment with 516 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Seaham Gardens, Gateshead, NE9 is located in the borough of Gateshead within the NE9 postal district.
5, Seaham Gardens, Gateshead has no recent1 records in the Land Registry database and a single entry in the EPC database dated July 2013.
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.
1Sales dated prior to 2007 are shown, but are not used in our calculations.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 5 Seaham Gardens Gateshead as £83,113 and the rental value as £625 per month giving an expected gross yield of 9%.
Over the last 12 months the sale value of 5 Seaham Gardens Gateshead has increased by £1,932 (2.3%) and its rental value has increased by £60 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, Seaham Gardens, Gateshead is in very good condition we estimate a sale value of £87,269 and rental value of £657 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £77,295 and a rental value of £582 per month.
If you were able to purchase this property for the estimated value of £83,113, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £408 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, Seaham Gardens, Gateshead was last sold on 12 Oct 2004 for £34,750 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Seaham Gardens, Gateshead within a radius of 630 metres over the last 2 years.
The most recent example is 2, Capstan Lane, Gateshead, NE9 7JB, a Leasehold flat which sold for £71,500 in Mar 2017.
Read more about house prices in NE9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Seaham Gardens, Gateshead, NE9 has a total of 111 addresses. According to our analysis of all the public data, 5, Seaham Gardens, Gateshead is the 106th largest and the 103rd most expensive property on the street.
When compared to the postcode district it is £73k less expensive than the average property in NE9.
5, Seaham Gardens, Gateshead has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 23 Jul 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 5, Seaham Gardens, Gateshead is Heworth station which is 3.6 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 5, Seaham Gardens, Gateshead, 44.1% of property is privately owned outright and 24.4% 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 5, Seaham Gardens, Gateshead, 15.0% of residents are recorded as possessing school level qualifications and 15.8% 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 5, Seaham 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, Seaham 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, Seaham Gardens, 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.