According to the public record, 6, Wellington Court, Gateshead is a mid-century apartment with 721 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Wellington Court, Gateshead, NE10 is located in the borough of Gateshead within the NE10 postal district.
6, Wellington Court, Gateshead has no recent1 records in the Land Registry database and a single entry in the EPC database dated May 2024.
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 Wellington Court Gateshead as £56,538 and the rental value as £430 per month giving an expected gross yield of 9.1%.
Over the last 12 months the sale value of 6 Wellington Court Gateshead has increased by £1,355 (2.4%) and its rental value has increased by £41 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, Wellington Court, Gateshead is in very good condition we estimate a sale value of £59,365 and rental value of £451 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £52,580 and a rental value of £400 per month.
If you were able to purchase this property for the estimated value of £56,538, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £278 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, 6, Wellington Court, Gateshead was last sold on 24 Nov 2000 for £18,950 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 6, Wellington Court, Gateshead within a radius of 510 metres over the last 2 years.
The most recent example is 29, Wellington Court, Gateshead, NE10 0BN, a Leasehold flat which sold for £56,500 in Feb 2022.
Read more about house prices in NE10.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wellington Court, Gateshead, NE10 has a total of 48 addresses. According to our analysis of all the public data, 6, Wellington Court, Gateshead is the 13th largest and the 13th most expensive property on the street.
When compared to the postcode district it is £100k less expensive than the average property in NE10.
6, Wellington Court, Gateshead has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 16 May 2024.
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, Wellington Court, Gateshead is Heworth station which is 1.1 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 6, Wellington Court, Gateshead, 72.9% of property is socially rented and 15.0% 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 6, Wellington Court, Gateshead, 11.9% of residents are recorded as possessing school level qualifications and 13.3% 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, Wellington Court, 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 6, Wellington 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, Wellington Court, Gateshead, there are an average of 0.3 cars per household.
See below for how this compares to North East and the rest of England & Wales.