According to the public record, 62, Valley Drive, Gateshead is a early-century house with 1,108 ft2 of internal area and sits on a 205 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Valley Drive, Low Fell, Gateshead, NE9 is located in the borough of Gateshead within the NE9 postal district.
62, Valley Drive, Gateshead has no records in the Land Registry database and a single entry in the EPC database dated June 2016.
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 62 Valley Drive Gateshead as £410,634 and the rental value as £1,823 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of 62 Valley Drive Gateshead has increased by £4,747 (1.2%) and its rental value has increased by £147 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 62, Valley Drive, Gateshead is in very good condition we estimate a sale value of £431,166 and rental value of £1,914 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £381,890 and a rental value of £1,695 per month.
If you were able to purchase this property for the estimated value of £410,634, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,018 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, 62, Valley Drive, Gateshead sits on a plot of 205m2.
We have plot size data on 7 out of 23 other houses in the postcode and 62, Valley Drive, Gateshead sits on the 6th largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 62, Valley Drive, Gateshead within a radius of 460 metres over the last 2 years.
The most recent example is 9, Ashtrees Gardens, Gateshead, NE9 5BH, a Freehold house which sold for £371,000 in Dec 2022.
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, 62, Valley Drive, Gateshead is the 55th largest and the 50th most expensive property on the street.
When compared to the postcode district it is £254k more expensive than the average property in NE9.
62, Valley Drive, Gateshead has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 08 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 62, 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 62, Valley Drive, Gateshead, 46.4% of property is privately owned outright and 45.5% 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 62, Valley Drive, Gateshead, 22.5% of residents are recorded as possessing school level qualifications and 46.8% 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 62, Valley 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 62, Valley Drive, Gateshead, 1.0% 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 62, Valley 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.