According to the public record, 9, Bracken Drive, Gateshead is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a mid-century apartment with 925 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Bracken Drive, Gateshead, NE11 is located in the borough of Gateshead within the NE11 postal district.
9, Bracken Drive, Gateshead has a single entry in the Land Registry database from May 2006 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
•Public data including the Land Registry and EPC Register is processed and republished under the Government Open Data Licence.
•All values are estimates based on available data. All data and other content are provided subject to our Terms & Conditions.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 9 Bracken Drive Gateshead as £148,835 and the rental value as £914 per month giving an expected gross yield of 7.4%.
Over the last 12 months the sale value of 9 Bracken Drive Gateshead has increased by £4,077 (2.7%) and its rental value has increased by £95 per month (10.4%).
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 9, Bracken Drive, Gateshead is in very good condition we estimate a sale value of £156,277 and rental value of £960 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £138,416 and a rental value of £850 per month.
If you were able to purchase this property for the estimated value of £148,835, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £731 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 HM Land Registry, 9, Bracken Drive, Gateshead was last sold on 02 May 2006 for £170,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 670 metres radius of 9, Bracken Drive, Gateshead over the last 2 years.
The most recent example is 8, Bracken Drive, Gateshead, NE11 9QP, a Freehold house which sold for £349,950 in Sep 2021.
Read more about house prices in NE11.
Bracken Drive, Gateshead, NE11 has a total of 30 addresses. According to our analysis of all the public data, 9, Bracken Drive, Gateshead is the 24th largest and the 30th most expensive property on the street.
When compared to the postcode district it is £16k more expensive than the average property in NE11.
The closest station to 9, Bracken Drive, Gateshead is Dunston station which is 1.0 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 9, Bracken Drive, Gateshead, 59.4% of property is privately owned outright and 32.9% 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 9, Bracken Drive, Gateshead, 13.2% of residents are recorded as possessing school level qualifications and 29.2% 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 9, Bracken Drive, Gateshead, the average age was 43.4 and the most common age was 52.
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 9, Bracken Drive, Gateshead, 3.2% 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 9, Bracken 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.