According to the public record, 6, Lecondale Court, Gateshead is a mid-century apartment with 731 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Lecondale Court, Gateshead, NE10 is located in the borough of Gateshead within the NE10 postal district.
6, Lecondale Court, Gateshead has no records in the Land Registry database and a single entry in the EPC database dated September 2016.
We combine this information with public data 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 6 Lecondale Court Gateshead as £60,057 and the rental value as £455 per month giving an expected gross yield of 9.1%.
Over the last 12 months the sale value of 6 Lecondale Court Gateshead has increased by £1,402 (2.3%) and its rental value has increased by £43 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 6, Lecondale Court, Gateshead is in very good condition we estimate a sale value of £63,060 and rental value of £478 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £55,853 and a rental value of £423 per month.
If you were able to purchase this property for the estimated value of £60,057, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £295 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 6, Lecondale Court, Gateshead within a radius of 610 metres over the last 2 years.
The most recent example is 2, Lecondale Court, Gateshead, NE10 8QX, a Leasehold flat which sold for £53,000 in Jan 2022.
Read more about house prices in NE10.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lecondale Court, Gateshead, NE10 has a total of 24 addresses. According to our analysis of all the public data, 6, Lecondale Court, Gateshead is the 4th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £96k less expensive than the average property in NE10.
6, Lecondale Court, Gateshead has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 06 Sep 2016.
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 6, Lecondale Court, Gateshead is Heworth station which is 1.9 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 6, Lecondale Court, Gateshead, 58.5% of property is socially rented and 14.8% 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 6, Lecondale Court, Gateshead, 15.6% of residents are recorded as possessing school level qualifications and 13.2% 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 6, Lecondale Court, Gateshead, the average age was 43.8 and the most common age was 62.
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 6, Lecondale 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 6, Lecondale Court, Gateshead, there are an average of 0.7 cars per household.
See below for how this compares to North East and the rest of England & Wales.