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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 1, Gresley Drive, Shildon is a modern freehold house with 914 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 1, Gresley Drive, Shildon is £171,127 and the estimated rental value is £799 per month.
Gresley Drive, Shildon, DL4 is located within the DL4 postal district.
1, Gresley Drive, Shildon has a single entry in the Land Registry from December 2022 and a single entry in the EPC database dated December 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
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 1, Gresley Drive, Shildon is in very good condition we estimate a sale value of £179,683 and a rental value of £839 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £159,148 and a rental value of £743 per month.
Over the last 12 months the sale value of 1 Gresley Drive Shildon has decreased by an estimated £440 (0.3%) and its rental value has increased by an estimated £29 per month (3.6%), giving an expected gross yield of 5.6%.
1, Gresley Drive, Shildon has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 06 Dec 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 1, Gresley Drive, Shildon was last sold on 16th December 2022 for £147,950 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since December 2022, the market for similar properties has risen 14.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Gresley Drive, Shildon within a radius of 870 metres over the last 2 years.
The most recent example is 12, Adams Court, Shildon, DL4 2GA, a freehold house which sold for £129,000 on the 1st December 2023.
Read more about house prices in DL4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gresley Drive, Shildon, DL4 has a total of 37 addresses. According to our analysis of all the public data, 1, Gresley Drive, Shildon is the 25th largest and the 25th most expensive property on the street.
When compared to the postcode district it is £54k more expensive than the average property in DL4.
The closest station to 1, Gresley Drive, Shildon is Shildon station which is 500 metres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
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 1, Gresley Drive, Shildon, % of property is and % is .
The graph below shows how this compares to North East 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 1, Gresley Drive, Shildon, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 1, Gresley Drive, Shildon, 0.0% 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 1, Gresley Drive, Shildon, there are an average of 0.0 cars per household.
See below for how this compares to North East and the rest of England & Wales.
