45 Saltwell Street

    45, SALTWELL STREET, GATESHEAD, NE8 4QX

    This terraced leasehold property on Saltwell Street last sold in March 2024 for £62,000. Based on price growth in the NE8 district since then, its estimated current value is £68,520 — placing it in the 1st percentile nationally and the 10th percentile within NE8. The property covers 59 m² (635 sq ft), giving an estimated value of £1,161 per m². The EPC rating is D, with a potential rating of C.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    635 sq ft

    59 m²

    Last Sale Price

    £62,000

    Mar 2024

    Estimated Valuation

    £68,520

    Est. £/sq ft

    £108/sq ft

    £1,161/m²

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area635 sq ft (59 m²)
    EPC dateJun 2020
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    8 Mar 2024

    £62,000

    10 Aug 2007

    £83,000

    2 Sept 2005

    £69,950

    2 Jun 2004

    £58,000

    Key Metrics

    Estimated valuation£68,520
    Value per sq ft / m²£108/sq ft (£1,161/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile10th percentile
    National percentile1st percentile

    District Context — NE8

    NE8 covers Gateshead and surrounding areas in Tyne and Wear, situated south of the River Tyne in the North East. It is a primarily working-class and lower-middle-income area with a significant rental market and strong community character.

    Average Property Price - NE8

    £157,635

    4

    National percentile

    Average Net Household Income - NE8

    £31,485

    12

    National percentile

    10-Year Annualised Price Growth - NE8

    2.5%

    16

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE8

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