According to the public record, 3, Egremont Drive, Gateshead is a period freehold house with 1,270 ft2 of internal area and sits on a 203 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Egremont Drive, Gateshead, NE9 is located in the borough of Gateshead within the NE9 postal district.
3, Egremont Drive, Gateshead has a single entry in the Land Registry database from September 2016 and a single entry in the EPC database dated June 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 3 Egremont Drive Gateshead as £190,882 and the rental value as £1,074 per month giving an expected gross yield of 6.8%.
Over the last 12 months the sale value of 3 Egremont Drive Gateshead has increased by £2,088 (1.1%) and its rental value has increased by £87 per month (8.1%).
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 3, Egremont Drive, Gateshead is in very good condition we estimate a sale value of £200,426 and rental value of £1,128 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £177,520 and a rental value of £999 per month.
If you were able to purchase this property for the estimated value of £190,882, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £938 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, 3, Egremont Drive, Gateshead sits on a plot of 203m2.
We have plot size data on 15 out of 24 other houses in the postcode and 3, Egremont Drive, Gateshead sits on the 12th largest plot.
According to HM Land Registry, 3, Egremont Drive, Gateshead was last sold on 02 Sep 2016 for £111,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Sep 2016, the market for similar properties has risen 21.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Egremont Drive, Gateshead within a radius of 520 metres over the last 2 years.
The most recent example is 2, Egremont Drive, Gateshead, NE9 5SE, a Freehold house which sold for £215,000 in Apr 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, 3, Egremont Drive, Gateshead is the 17th largest and the 16th most expensive property on the street.
When compared to the postcode district it is £34k more expensive than the average property in NE9.
3, Egremont Drive, Gateshead has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 02 Jun 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 3, Egremont Drive, Gateshead is Heworth station which is 2.5 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 3, 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 3, 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 3, 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 3, 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 3, 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.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.