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Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 18, Grantham Drive, Gateshead is £337,487 and the estimated rental value is £2,325 per month.
Grantham Drive, Gateshead, NE9 is located in the borough of Gateshead within the NE9 postal district.
18, Grantham Drive, Gateshead has 21 entries in the Land Registry , most recently in June 2015 and a single entry in the EPC database dated February 2015.
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 18, Grantham Drive, Gateshead is in very good condition we estimate a sale value of £354,361 and a rental value of £2,441 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £313,863 and a rental value of £2,162 per month.
Over the last 12 months the sale value of 18 Grantham Drive Gateshead has increased by an estimated £3,626 (1.1%) and its rental value has increased by an estimated £66 per month (2.9%), giving an expected gross yield of 8.3%.
According to data from HM Land Registry, 18, Grantham Drive, Gateshead sits on a plot of 256m2.
We have plot size data on 26 out of 26 other houses in the postcode and 18, Grantham Drive, Gateshead sits on the 9th largest plot.
18, Grantham Drive, Gateshead has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 17 Feb 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 18, Grantham Drive, Gateshead was last sold on 15th June 2015 for £249,950 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since June 2015, the market for similar properties has dropped 2.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 18, Grantham Drive, Gateshead within a radius of 670 metres over the last 2 years.
The most recent example is 7, Glenbrooke Terrace, Gateshead, NE9 6AJ, a freehold house which sold for £405,000 on the 1st June 2023.
Read more about house prices in NE9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Grantham Drive, Gateshead, NE9 has a total of 26 addresses. According to our analysis of all the public data, 18, Grantham Drive, Gateshead is the 3rd largest and the 4th most expensive property on the street.
When compared to the postcode district it is £175k more expensive than the average property in NE9.
The closest station to 18, Grantham Drive, Gateshead is Dunston station which is 2.9 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 18, Grantham Drive, Gateshead, 41.3% of property is privately owned with a mortgage and 38.1% 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 18, Grantham Drive, Gateshead, 14.9% of residents are recorded as possessing school level qualifications and 44.8% 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 18, Grantham Drive, Gateshead, the average age was 46 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 18, Grantham Drive, Gateshead, 0.8% 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 18, Grantham Drive, Gateshead, there are an average of 1.2 cars per household.
See below for how this compares to North East and the rest of England & Wales.