According to the public record, 1, Blackfell Way, Chester Le Street is a modern freehold house with 1,377 ft2 of internal area and sits on a 477 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Blackfell Way, Birtley, Chester Le Street, DH3 is located in the borough of Gateshead within the DH3 postal district.
1, Blackfell Way, Chester Le Street has a single entry in the Land Registry database from November 2020 and a single entry in the EPC database dated November 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in good condition, we estimate the current sale value for 1 Blackfell Way Chester Le Street as £300,941 and the rental value as £1,377 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 1 Blackfell Way Chester Le Street has increased by £1,832 (0.6%) and its rental value has increased by £126 per month (9.2%).
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 1, Blackfell Way, Chester Le Street is in very good condition we estimate a sale value of £315,988 and rental value of £1,446 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £279,875 and a rental value of £1,280 per month.
If you were able to purchase this property for the estimated value of £300,941, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,479 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 data from HM Land Registry, 1, Blackfell Way, Chester Le Street sits on a plot of 477m2.
According to HM Land Registry, 1, Blackfell Way, Chester Le Street was last sold on 03 Nov 2020 for £279,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Nov 2020, the market for similar properties has risen 10.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Blackfell Way, Chester Le Street within a radius of 550 metres over the last 2 years.
The most recent example is 8, Aspen Close, Chester Le Street, DH3 1FE, a Freehold house which sold for £292,950 in Jun 2020.
Read more about house prices in DH3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Blackfell Way, Birtley, Chester Le Street, DH3 has a total of 1 addresses. According to our analysis of all the public data, 1, Blackfell Way, Chester Le Street is the largest and the most expensive property on the street.
When compared to the postcode district it is £121k more expensive than the average property in DH3.
1, Blackfell Way, Chester Le Street has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 01 Nov 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 1, Blackfell Way, Chester Le Street is Chester-le-Street station which is 5.2 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 1, Blackfell Way, Chester Le Street, 52.1% of property is privately owned with a mortgage and 28.4% 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 1, Blackfell Way, Chester Le Street, 20.1% of residents are recorded as possessing school level qualifications and 33.1% 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 1, Blackfell Way, Chester Le Street, the average age was 40 and the most common age was 37.
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 1, Blackfell Way, Chester Le Street, 0.7% 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 1, Blackfell Way, Chester Le Street, there are an average of 1.2 cars per household.
See below for how this compares to North East and the rest of England & Wales.