According to the public record, 2, Drury Buildings, Gateshead is a modern freehold house with 1,474 ft2 of internal area and sits on a 60.7 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Drury Buildings, Gateshead, NE11 is located in the borough of Gateshead within the NE11 postal district.
2, Drury Buildings, Gateshead has 31 entries in the Land Registry database, most recently in September 2015 and a single entry in the EPC database dated December 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
•Public data including the Land Registry and EPC Register is processed and republished under the Government Open Data Licence.
•All values are estimates based on available data. All data and other content are provided subject to our Terms & Conditions.
1Sales dated prior to 2007 are shown, but are not used in our calculations.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 2 Drury Buildings Gateshead as £215,808 and the rental value as £1,180 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of 2 Drury Buildings Gateshead has increased by £3,995 (1.9%) and its rental value has increased by £103 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 2, Drury Buildings, Gateshead is in very good condition we estimate a sale value of £226,598 and rental value of £1,239 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £200,701 and a rental value of £1,098 per month.
If you were able to purchase this property for the estimated value of £215,808, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,061 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, Drury Buildings, Gateshead sits on a plot of 61m2.
According to HM Land Registry, 2, Drury Buildings, Gateshead was last sold on 29 Sep 2015 for £175,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Sep 2015, the market for similar properties has risen 24.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Drury Buildings, Gateshead within a radius of 640 metres over the last 2 years.
The most recent example is 72, Spoor Street, Gateshead, NE11 9BD, a Freehold house which sold for £161,500 in Sep 2019.
Read more about house prices in NE11.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Drury Buildings, Gateshead, NE11 has a total of 1 addresses. According to our analysis of all the public data, 2, Drury Buildings, Gateshead is the largest and the most expensive property on the street.
When compared to the postcode district it is £83k more expensive than the average property in NE11.
2, Drury Buildings, Gateshead has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 30 Dec 2014.
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 2, Drury Buildings, Gateshead is Dunston station which is 800 metres 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, Drury Buildings, Gateshead, 45.2% of property is socially rented and 19.3% is privately rented.
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, Drury Buildings, Gateshead, 25.6% of residents are recorded as possessing school level qualifications and 16.2% 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, Drury Buildings, Gateshead, the average age was 38.5 and the most common age was 32.
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, Drury Buildings, 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 2, Drury Buildings, Gateshead, there are an average of 0.6 cars per household.
See below for how this compares to North East and the rest of England & Wales.