According to the public record, 18, Egremont Drive, Gateshead is a mid-century freehold house with 624 ft2 of internal area and sits on a 230 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Egremont Drive, Gateshead, NE9 is located in the borough of Gateshead within the NE9 postal district.
18, Egremont Drive, Gateshead has 2 entries in the Land Registry database, most recently in December 2015 and a single entry in the EPC database dated February 2016.
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 18 Egremont Drive Gateshead as £129,678 and the rental value as £843 per month giving an expected gross yield of 7.8%.
Over the last 12 months the sale value of 18 Egremont Drive Gateshead has increased by £4,771 (3.7%) and its rental value has increased by £92 per month (10.9%).
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 18, Egremont Drive, Gateshead is in very good condition we estimate a sale value of £136,162 and rental value of £885 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £120,600 and a rental value of £784 per month.
If you were able to purchase this property for the estimated value of £129,678, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £637 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, 18, Egremont Drive, Gateshead sits on a plot of 230m2.
We have plot size data on 15 out of 24 other houses in the postcode and 18, Egremont Drive, Gateshead sits on the 7th largest plot.
According to HM Land Registry, 18, Egremont Drive, Gateshead was last sold on 11 Dec 2015 for £125,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Dec 2015, the market for similar properties has risen 31.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 18, Egremont Drive, Gateshead within a radius of 520 metres over the last 2 years.
The most recent example is 67, Queen Elizabeth Avenue, Gateshead, NE9 6RE, a Freehold house which sold for £163,000 in Jun 2022.
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, 18, Egremont Drive, Gateshead is the 25th largest and the 22nd most expensive property on the street.
When compared to the postcode district it is £27k less expensive than the average property in NE9.
18, Egremont Drive, Gateshead has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Feb 2016.
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 18, Egremont Drive, Gateshead is Heworth station which is 2.5 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 18, 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 18, 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 18, 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 18, 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 18, 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.