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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, Maxwell Drive, Chathill is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,994 ft2 of internal area and sits on a 914 m2 plot and a garden.
Houses of this size in this area normally have 4 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 1, Maxwell Drive, Chathill is £687,120 and the estimated rental value is £2,549 per month.
Maxwell Drive, Ellingham, Chathill, NE67 is located within the NE67 postal district.
1, Maxwell Drive, Chathill has a single entry in the Land Registry from October 2019 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.
The local information is scored as 2 out of 5 and is considered of medium 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, Maxwell Drive, Chathill is in very good condition we estimate a sale value of £721,476 and a rental value of £2,677 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £639,021 and a rental value of £2,371 per month.
Over the last 12 months the sale value of 1 Maxwell Drive Chathill has increased by an estimated £21,905 (3.2%) and its rental value has increased by an estimated £75 per month (2.9%), giving an expected gross yield of 4.5%.
According to data from HM Land Registry, 1, Maxwell Drive, Chathill sits on a plot of 914m2.
We have plot size data on 10 out of 10 other houses in the postcode and 1, Maxwell Drive, Chathill sits on the largest plot.
According to HM Land Registry, 1, Maxwell Drive, Chathill was last sold on 30th October 2019 for £580,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since October 2019, the market for similar properties has risen 25.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Maxwell Drive, Chathill within a radius of 7.1 kilometres over the last 2 years.
The most recent example is 9, Maxwell Drive, Chathill, NE67 5EL, a freehold house which sold for £360,000 on the 4th August 2021.
Read more about house prices in NE67.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Maxwell Drive, Ellingham, Chathill, NE67 has a total of 10 addresses. According to our analysis of all the public data, 1, Maxwell Drive, Chathill is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £312k more expensive than the average property in NE67.
The closest station to 1, Maxwell Drive, Chathill is Chathill station which is 1.9 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 1, Maxwell Drive, Chathill, 40.0% of property is privately rented and 39.3% is privately owned outright.
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, Maxwell Drive, Chathill, 8.2% of residents are recorded as possessing school level qualifications and 41.0% as possessing degree level qualifications.
The graph below shows how this compares to North East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 1, Maxwell Drive, Chathill, the average age was 51.3 and the most common age was 67.
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, Maxwell Drive, Chathill, 2.7% 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, Maxwell Drive, Chathill, 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.
