According to the public record, Apartment 4, Bramwell Court, Gateshead is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 820 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 4, Bramwell Court, Gateshead has a single entry in the Land Registry database from April 2008 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 4 Bramwell Court Gateshead as £87,630 and the rental value as £666 per month giving an expected gross yield of 9.1%.
Over the last 12 months the sale value of Apartment 4 Bramwell Court Gateshead has increased by £2,564 (2.9%) and its rental value has increased by £65 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 4, Bramwell Court, Gateshead is in very good condition we estimate a sale value of £92,012 and rental value of £700 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £81,496 and a rental value of £620 per month.
If you were able to purchase this property for the estimated value of £87,630, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £431 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 4, Bramwell Court, Gateshead was last sold on 23 Apr 2008 for £115,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Apr 2008, the market for similar properties has dropped 2.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 4, Bramwell Court, Gateshead within a radius of 510 metres over the last 2 years.
The most recent example is Apartment 10, Bramwell Court, Derwentwater Road, Gateshead, NE8 2SB, a Leasehold flat which sold for £75,000 in Jan 2016.
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 4, Bramwell Court, Gateshead is the 33rd largest and the 52nd most expensive property on the street.
When compared to the postcode district it is £45k less expensive than the average property in NE8.
The closest station to Apartment 4, 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 4, 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 4, 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 4, 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 4, 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 4, 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.