According to the public record, 2, Woolerton Drive, Gateshead is a mid-century leasehold house with 1,097 ft2 of internal area and sits on a 477 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Woolerton Drive, Gateshead, NE10 is located in the borough of Gateshead within the NE10 postal district.
2, Woolerton Drive, Gateshead has a single entry in the Land Registry database from June 2022 and a single entry in the EPC database dated September 2021.
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 Woolerton Drive Gateshead as £184,009 and the rental value as £1,043 per month giving an expected gross yield of 6.8%.
Over the last 12 months the sale value of 2 Woolerton Drive Gateshead has increased by £4,284 (2.3%) and its rental value has increased by £99 per month (9.5%).
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, Woolerton Drive, Gateshead is in very good condition we estimate a sale value of £193,209 and rental value of £1,095 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £171,128 and a rental value of £970 per month.
If you were able to purchase this property for the estimated value of £184,009, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £904 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, Woolerton Drive, Gateshead sits on a plot of 477m2.
We have plot size data on 15 out of 20 other houses in the postcode and 2, Woolerton Drive, Gateshead sits on the 2nd largest plot.
According to HM Land Registry, 2, Woolerton Drive, Gateshead was last sold on 01 Jun 2022 for £195,000 and was recorded as a leasehold house.
The property has only had this single sale since 1995.
Since Jun 2022, the market for similar properties has risen 2.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Woolerton Drive, Gateshead within a radius of 550 metres over the last 2 years.
The most recent example is 10, Woolerton Drive, Gateshead, NE10 9RQ, a Leasehold house which sold for £157,000 in Aug 2023.
Read more about house prices in NE10.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Woolerton Drive, Gateshead, NE10 has a total of 22 addresses. According to our analysis of all the public data, 2, Woolerton Drive, Gateshead is the 2nd largest and the 4th most expensive property on the street.
When compared to the postcode district it is £27k more expensive than the average property in NE10.
2, Woolerton Drive, Gateshead has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Sep 2021.
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, Woolerton Drive, Gateshead is Heworth station which is 1.8 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, Woolerton Drive, Gateshead, 37.9% of property is privately owned outright and 26.5% 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, Woolerton Drive, Gateshead, 9.7% of residents are recorded as possessing school level qualifications and 40.4% 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, Woolerton Drive, Gateshead, the average age was 43.8 and the most common age was 62.
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, Woolerton Drive, Gateshead, 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 2, Woolerton 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.