According to the public record, Apartment 16, Bramwell Court, Gateshead is a modern leasehold apartment with 742 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in Bramwell Court, Derwentwater Road, Gateshead, NE8.
Derwentwater Road, Gateshead, NE8 is located in the borough of Gateshead within the NE8 postal district.
Apartment 16, Bramwell Court, Gateshead has a single entry in the Land Registry database from January 2016 and a single entry in the EPC database dated July 2020.
We combine this information with that 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.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for Apartment 16 Bramwell Court Gateshead as £83,896 and the rental value as £654 per month giving an expected gross yield of 9.4%.
Over the last 12 months the sale value of Apartment 16 Bramwell Court Gateshead has increased by £2,454 (2.9%) and its rental value has increased by £64 per month (9.8%).
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 Apartment 16, Bramwell Court, Gateshead is in very good condition we estimate a sale value of £88,091 and rental value of £687 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £78,023 and a rental value of £608 per month.
If you were able to purchase this property for the estimated value of £83,896, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £412 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, Apartment 16, Bramwell Court, Gateshead was last sold on 20 Jan 2016 for £76,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jan 2016, the market for similar properties has risen 15.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 16, Bramwell Court, Gateshead within a radius of 510 metres over the last 2 years.
The most recent example is Apartment 11, Bramwell Court, Derwentwater Road, Gateshead, NE8 2SB, a Leasehold flat which sold for £70,500 in Aug 2021.
Read more about house prices in NE8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Derwentwater Road, Gateshead, NE8 has a total of 84 addresses. According to our analysis of all the public data, Apartment 16, Bramwell Court, Gateshead is the 46th largest and the 56th most expensive property on the street.
When compared to the postcode district it is £49k less expensive than the average property in NE8.
Apartment 16, Bramwell Court, Gateshead has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 08 Jul 2020.
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 Apartment 16, Bramwell Court, Gateshead is Dunston station which is 1.2 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around Apartment 16, Bramwell Court, Gateshead, 37.2% of property is socially rented and 25.7% is privately 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 Apartment 16, Bramwell Court, Gateshead, 18.7% of residents are recorded as possessing school level qualifications and 26.4% 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 Apartment 16, Bramwell Court, Gateshead, the average age was 38.5 and the most common age was 32.
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 Apartment 16, Bramwell 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 Apartment 16, Bramwell 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.