According to the public record, 2, Cullen Drive, Chester Le Street is a modern freehold house with 1,603 ft2 of internal area and sits on a 322 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Cullen Drive, Birtley, Chester Le Street, DH3 is located in the borough of Gateshead within the DH3 postal district.
2, Cullen Drive, Chester Le Street has a single entry in the Land Registry database from January 2014 and a single entry in the EPC database dated July 2013.
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 2 Cullen Drive Chester Le Street as £273,856 and the rental value as £1,398 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of 2 Cullen Drive Chester Le Street has increased by £1,026 (0.4%) and its rental value has increased by £118 per month (8.4%).
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 2, Cullen Drive, Chester Le Street is in very good condition we estimate a sale value of £287,549 and rental value of £1,468 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £254,686 and a rental value of £1,300 per month.
If you were able to purchase this property for the estimated value of £273,856, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,346 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, 2, Cullen Drive, Chester Le Street sits on a plot of 322m2.
We have plot size data on 25 out of 25 other houses in the postcode and 2, Cullen Drive, Chester Le Street sits on the largest plot.
According to HM Land Registry, 2, Cullen Drive, Chester Le Street was last sold on 31 Jan 2014 for £264,950 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jan 2014, the market for similar properties has risen 26.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Cullen Drive, Chester Le Street within a radius of 750 metres over the last 2 years.
The most recent example is 14, Robsons Way, Chester Le Street, DH3 1GA, a Freehold house which sold for £265,000 in Sep 2021.
Read more about house prices in DH3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cullen Drive, Birtley, Chester Le Street, DH3 has a total of 25 addresses. According to our analysis of all the public data, 2, Cullen Drive, Chester Le Street is the largest and the most expensive property on the street.
When compared to the postcode district it is £94k more expensive than the average property in DH3.
2, Cullen Drive, Chester Le Street has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 26 Jul 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 2, Cullen Drive, Chester Le Street is Heworth 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 2, Cullen Drive, Chester Le Street, 32.7% of property is socially rented and 27.2% 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 2, Cullen Drive, Chester Le Street, 16.5% of residents are recorded as possessing school level qualifications and 18.3% 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 2, Cullen Drive, 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 2, Cullen Drive, Chester Le Street, 0.0% 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 2, Cullen Drive, Chester Le Street, there are an average of 0.8 cars per household.
See below for how this compares to North East and the rest of England & Wales.