According to the public record, 29, Valley Drive, Gateshead is a mid-century house with 1,668 ft2 of internal area and sits on a 466 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Valley Drive, Low Fell, Gateshead, NE9 is located in the borough of Gateshead within the NE9 postal district.
29, Valley Drive, Gateshead has no recent1 records in the Land Registry database and a single entry in the EPC database dated July 2015.
We combine this information with public data 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 29 Valley Drive Gateshead as £585,119 and the rental value as £2,489 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of 29 Valley Drive Gateshead has increased by £8,471 (1.4%) and its rental value has increased by £203 per month (8.2%).
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 29, Valley Drive, Gateshead is in very good condition we estimate a sale value of £614,375 and rental value of £2,613 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £544,161 and a rental value of £2,315 per month.
If you were able to purchase this property for the estimated value of £585,119, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,876 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, 29, Valley Drive, Gateshead sits on a plot of 466m2.
We have plot size data on 11 out of 18 other houses in the postcode and 29, Valley Drive, Gateshead sits on the largest plot.
According to HM Land Registry, 29, Valley Drive, Gateshead was last sold on 19 Oct 2001 for £160,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 29, Valley Drive, Gateshead within a radius of 450 metres over the last 2 years.
The most recent example is 56, Valley Drive, Gateshead, NE9 5DH, a Freehold house which sold for £283,000 in Sep 2015.
Read more about house prices in NE9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Valley Drive, Low Fell, Gateshead, NE9 has a total of 58 addresses. According to our analysis of all the public data, 29, Valley Drive, Gateshead is the 20th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £429k more expensive than the average property in NE9.
29, Valley Drive, Gateshead has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 Jul 2015.
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 29, Valley Drive, Gateshead is Heworth station which is 2.6 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 29, Valley Drive, Gateshead, 44.4% of property is privately owned with a mortgage and 43.6% is privately owned outright.
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 29, Valley Drive, Gateshead, 16.0% of residents are recorded as possessing school level qualifications and 49.4% 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 29, Valley Drive, Gateshead, the average age was 38.5 and the most common age was 27.
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 29, Valley Drive, Gateshead, 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 29, Valley Drive, Gateshead, there are an average of 1.2 cars per household.
See below for how this compares to North East and the rest of England & Wales.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.