23 Saltwell Road

    23, SALTWELL ROAD, GATESHEAD, NE8 4TH

    This flat/maisonette leasehold property on Saltwell Road last sold in May 2005 for £54,950. Based on price growth in the NE8 district since then, its estimated current value is £69,453 — placing it in the 1st percentile nationally and the 10th percentile within NE8. The property covers 66 m² (710 sq ft), giving an estimated value of £1,052 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    710 sq ft

    66 m²

    Last Sale Price

    £54,950

    May 2005

    Estimated Valuation

    £69,453

    Est. £/sq ft

    £98/sq ft

    £1,052/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area710 sq ft (66 m²)
    EPC dateApr 2014
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    31 May 2005

    £54,950

    2 Sept 2004

    £70,000

    Key Metrics

    Estimated valuation£69,453
    Value per sq ft / m²£98/sq ft (£1,052/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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