50, Elliott Drive
50, Elliott Drive
Description & Estimates
According to the public record, 50, Elliott Drive, Gateshead is a mid-century apartment with 527 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 50, Elliott Drive, Gateshead is £52,291 and the estimated rental value is £429 per month.
Elliott Drive, Gateshead, NE10 is located in the borough of Gateshead within the NE10 postal district.
Our Data Sources
50, Elliott Drive, Gateshead has no records in the the Land Registry and a single entry in the EPC database dated March 2018.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
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 50, Elliott Drive, Gateshead is in very good condition we estimate a sale value of £54,906 and a rental value of £450 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £48,631 and a rental value of £399 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 50, Elliott Drive, Gateshead has decreased by £304 (0.6%), while its estimated rental value has grown by £8 per month (2.0%). Based on current estimates, the property offers a gross rental yield of 9.8%.
Energy Efficiency
50, Elliott Drive, Gateshead has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 Mar 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 50, Elliott Drive, Gateshead within a radius of 530 metres over the last 2 years.
The most recent example is 3, Ridley Terrace, Gateshead, NE10 0NQ, a leasehold flat which sold for £39,999 on the 14th July 2023.
Read more about house prices in NE10.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Elliott Drive, Gateshead, NE10 has a total of 86 addresses. According to our analysis of all the public data, 50, Elliott Drive, Gateshead is the 56th largest and the 54th most expensive property on the street.
When compared to the postcode district it is £110k less expensive than the average property in NE10.
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Schools Nearby
- 400mBrandling Primary School
- 500mFalla Park Community Primary School
- 500mThe Drive Community Primary School
- 700mXP Gateshead
- 1.0kmHeworth Grange School
- 1.7kmCardinal Hume Catholic School, Gateshead
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Public Transport Nearby
The closest station to 50, Elliott Drive, Gateshead is Heworth station, which is 700 metres away.
- 700mHeworth
- 3.5kmManors
- 3.8kmNewcastle
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
