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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
According to the public record, 4, Fontwell Drive, Gateshead is a mid-century leasehold apartment with 742 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 4, Fontwell Drive, Gateshead is £55,671 and the estimated rental value is £584 per month.
Fontwell Drive, Gateshead, NE8 is located in the borough of Gateshead within the NE8 postal district.
4, Fontwell Drive, Gateshead has a single entry in the Land Registry from January 2024 and a single entry in the EPC database dated March 2014.
We combine this information with that of neighbouring properties to estimate the property 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 4, Fontwell Drive, Gateshead is in very good condition we estimate a sale value of £58,455 and a rental value of £613 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £51,774 and a rental value of £543 per month.
Over the last 12 months the sale value of 4 Fontwell Drive Gateshead has increased by an estimated £70 (0.1%) and its rental value has increased by an estimated £13 per month (2.2%), giving an expected gross yield of 12.6%.
4, Fontwell Drive, Gateshead has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 08 Mar 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 4, Fontwell Drive, Gateshead was last sold on 29th January 2024 for £55,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since January 2024, the market for similar properties has risen 79.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Fontwell Drive, Gateshead within a radius of 440 metres over the last 2 years.
The most recent example is 17, Stephenson Street, Gateshead, NE8 4XJ, a leasehold flat which sold for £62,000 on the 22nd April 2022.
Read more about house prices in NE8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Fontwell Drive, Gateshead, NE8 has a total of 84 addresses. According to our analysis of all the public data, 4, Fontwell Drive, Gateshead is the 18th largest and the 65th most expensive property on the street.
When compared to the postcode district it is £80k less expensive than the average property in NE8.
The closest station to 4, Fontwell Drive, Gateshead is Dunston station which is 1.6 kilometres 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 4, Fontwell Drive, Gateshead, 60.3% of property is socially rented and 19.8% 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 4, Fontwell Drive, Gateshead, 18.5% of residents are recorded as possessing school level qualifications and 18.1% 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 4, Fontwell Drive, Gateshead, the average age was 38.1 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 4, Fontwell Drive, Gateshead, 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 4, Fontwell Drive, Gateshead, there are an average of 0.6 cars per household.
See below for how this compares to North East and the rest of England & Wales.
