According to the public record, 43, Follingsby Drive, Gateshead is a modern freehold house with 648 ft2 of internal area and sits on a 151 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Follingsby Drive, Gateshead, NE10 is located in the borough of Gateshead within the NE10 postal district.
43, Follingsby Drive, Gateshead has 41 entries in the Land Registry database, most recently in September 2018 and a single entry in the EPC database dated October 2010.
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 43 Follingsby Drive Gateshead as £184,388 and the rental value as £935 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of 43 Follingsby Drive Gateshead has increased by £4,910 (2.7%) and its rental value has increased by £89 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 43, Follingsby Drive, Gateshead is in very good condition we estimate a sale value of £193,608 and rental value of £981 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £171,481 and a rental value of £869 per month.
If you were able to purchase this property for the estimated value of £184,388, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £906 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, 43, Follingsby Drive, Gateshead sits on a plot of 151m2.
We have plot size data on 29 out of 68 other houses in the postcode and 43, Follingsby Drive, Gateshead sits on the 28th largest plot.
According to HM Land Registry, 43, Follingsby Drive, Gateshead was last sold on 07 Sep 2018 for £125,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since Sep 2018, the market for similar properties has risen 24.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 43, Follingsby Drive, Gateshead within a radius of 620 metres over the last 2 years.
The most recent example is 15, Follingsby Drive, Gateshead, NE10 8YH, a Freehold house which sold for £147,500 in Aug 2023.
Read more about house prices in NE10.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Follingsby Drive, Gateshead, NE10 has a total of 70 addresses. According to our analysis of all the public data, 43, Follingsby Drive, Gateshead is the 50th largest and the 47th most expensive property on the street.
When compared to the postcode district it is £28k more expensive than the average property in NE10.
43, Follingsby Drive, Gateshead has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 12 Oct 2010.
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 43, Follingsby Drive, Gateshead is Heworth station which is 1.9 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 43, Follingsby Drive, Gateshead, 62.7% of property is privately owned outright and 30.9% 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 43, Follingsby Drive, Gateshead, 15.7% of residents are recorded as possessing school level qualifications and 25.7% 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 43, Follingsby Drive, Gateshead, the average age was 45.1 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 43, Follingsby Drive, Gateshead, 2.0% 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 43, Follingsby Drive, Gateshead, there are an average of 1.4 cars per household.
See below for how this compares to North East and the rest of England & Wales.