According to the public record, 7, Bamburgh Drive, Gateshead is a mid-century freehold house with 645 ft2 of internal area and sits on a 228 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Bamburgh Drive, Gateshead, NE10 is located in the borough of Gateshead within the NE10 postal district.
7, Bamburgh Drive, Gateshead has a single entry in the Land Registry database from November 2020 and a single entry in the EPC database dated August 2020.
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 7 Bamburgh Drive Gateshead as £167,502 and the rental value as £934 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of 7 Bamburgh Drive Gateshead has increased by £7,108 (4.2%) and its rental value has increased by £100 per month (10.7%).
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 7, Bamburgh Drive, Gateshead is in very good condition we estimate a sale value of £175,877 and rental value of £981 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £155,777 and a rental value of £869 per month.
If you were able to purchase this property for the estimated value of £167,502, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £823 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, 7, Bamburgh Drive, Gateshead sits on a plot of 228m2.
We have plot size data on 4 out of 6 other houses in the postcode and 7, Bamburgh Drive, Gateshead sits on the 3rd largest plot.
According to HM Land Registry, 7, Bamburgh Drive, Gateshead was last sold on 27 Nov 2020 for £145,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Nov 2020, the market for similar properties has risen 16.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Bamburgh Drive, Gateshead within a radius of 860 metres over the last 2 years.
The most recent example is 11, Marian Drive, Gateshead, NE10 0TJ, a Freehold house which sold for £170,000 in Jan 2024.
Read more about house prices in NE10.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Bamburgh Drive, Gateshead, NE10 has a total of 6 addresses. According to our analysis of all the public data, 7, Bamburgh Drive, Gateshead is the 6th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £11k more expensive than the average property in NE10.
7, Bamburgh Drive, Gateshead has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 12 Aug 2020.
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 7, Bamburgh Drive, Gateshead is Heworth station which is 1.6 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 7, Bamburgh 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 7, Bamburgh 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 7, Bamburgh 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 7, Bamburgh 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 7, Bamburgh 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.