According to the public record, 45, Marian Drive, Gateshead is a mid-century freehold house with 1,237 ft2 of internal area and sits on a 214 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Marian Drive, Gateshead, NE10 is located in the borough of Gateshead within the NE10 postal district.
45, Marian Drive, Gateshead has 31 entries in the Land Registry database, most recently in July 2016 and a single entry in the EPC database dated October 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 45 Marian Drive Gateshead as £255,110 and the rental value as £1,169 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 45 Marian Drive Gateshead has increased by £4,461 (1.7%) and its rental value has increased by £94 per month (8.0%).
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 45, Marian Drive, Gateshead is in very good condition we estimate a sale value of £267,865 and rental value of £1,227 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £237,252 and a rental value of £1,087 per month.
If you were able to purchase this property for the estimated value of £255,110, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,254 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, 45, Marian Drive, Gateshead sits on a plot of 214m2.
We have plot size data on 53 out of 83 other houses in the postcode and 45, Marian Drive, Gateshead sits on the 51st largest plot.
According to HM Land Registry, 45, Marian Drive, Gateshead was last sold on 08 Jul 2016 for £220,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Jul 2016, the market for similar properties has risen 25.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 45, Marian Drive, Gateshead within a radius of 870 metres over the last 2 years.
The most recent example is 136, Marian Drive, Gateshead, NE10 0TJ, a Freehold house which sold for £223,000 in Nov 2019.
Read more about house prices in NE10.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Marian Drive, Gateshead, NE10 has a total of 120 addresses. According to our analysis of all the public data, 45, Marian Drive, Gateshead is the 38th largest and the 39th most expensive property on the street.
When compared to the postcode district it is £99k more expensive than the average property in NE10.
45, Marian Drive, Gateshead has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 03 Oct 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 45, Marian 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 45, Marian Drive, Gateshead, 54.8% of property is privately owned outright and 44.2% 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 45, Marian Drive, Gateshead, 18.9% of residents are recorded as possessing school level qualifications and 30.4% 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 45, Marian Drive, Gateshead, the average age was 39.7 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 45, Marian Drive, Gateshead, 1.6% 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 45, Marian Drive, Gateshead, there are an average of 1.5 cars per household.
See below for how this compares to North East and the rest of England & Wales.