According to the public record, 17, Egremont Drive, Gateshead is a period leasehold house with 693 ft2 of internal area and sits on a 251 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Egremont Drive, Gateshead, NE9 is located in the borough of Gateshead within the NE9 postal district.
17, Egremont Drive, Gateshead has 2 entries in the Land Registry database, most recently in September 2012 and a single entry in the EPC database dated November 2011.
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 reasonable condition, we estimate the current sale value for 17 Egremont Drive Gateshead as £127,193 and the rental value as £829 per month giving an expected gross yield of 7.8%.
Over the last 12 months the sale value of 17 Egremont Drive Gateshead has increased by £2,055 (1.6%) and its rental value has increased by £72 per month (8.7%).
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 17, Egremont Drive, Gateshead is in very good condition we estimate a sale value of £133,553 and rental value of £871 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £118,290 and a rental value of £771 per month.
If you were able to purchase this property for the estimated value of £127,193, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £625 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, 17, Egremont Drive, Gateshead sits on a plot of 251m2.
We have plot size data on 15 out of 24 other houses in the postcode and 17, Egremont Drive, Gateshead sits on the 6th largest plot.
According to HM Land Registry, 17, Egremont Drive, Gateshead was last sold on 28 Sep 2012 for £130,000 and was recorded as a leasehold house.
The property has had 2 sales since 1995.
Since Sep 2012, the market for similar properties has risen 32.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 17, Egremont Drive, Gateshead within a radius of 520 metres over the last 2 years.
The most recent example is 39, Springfield Place, Gateshead, NE9 5UQ, a Freehold house which sold for £140,000 in Mar 2023.
Read more about house prices in NE9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Egremont Drive, Gateshead, NE9 has a total of 25 addresses. According to our analysis of all the public data, 17, Egremont Drive, Gateshead is the 21st largest and the 24th most expensive property on the street.
When compared to the postcode district it is £29k less expensive than the average property in NE9.
17, Egremont Drive, Gateshead has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 11 Nov 2011.
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 17, Egremont Drive, Gateshead is Heworth station which is 2.5 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 17, Egremont Drive, Gateshead, 49.2% of property is privately owned outright and 29.7% is privately owned with a mortgage.
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 17, Egremont Drive, Gateshead, 14.6% of residents are recorded as possessing school level qualifications and 36.1% 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 17, Egremont Drive, Gateshead, the average age was 43.8 and the most common age was 57.
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 17, Egremont Drive, Gateshead, 0.4% 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 17, Egremont Drive, Gateshead, there are an average of 1.0 cars per household.
See below for how this compares to North East and the rest of England & Wales.