7, Bute Drive
7, Bute Drive
Description & Estimates
Public records show 7, Bute Drive, Rowlands Gill to be a modern freehold house with 1,668 ft2 of internal area, sitting on a 660 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
7, Bute Drive, Rowlands Gill has an estimated sale value of £359,705 and an estimated rental value of £1,397 per month, assuming reasonable condition and based on the information available.
Bute Drive, High Spen, Rowlands Gill, NE39 lies in the borough of Gateshead, within the NE39 postal district.
Our Data Sources
7, Bute Drive, Rowlands Gill has a single entry in the Land Registry from November 2020 and a single entry in the EPC database dated August 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 7, Bute Drive, Rowlands Gill would be worth £377,690, with a potential rental value of £1,467 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £334,526, with a rental value of £1,299 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 7, Bute Drive, Rowlands Gill has declined by £4,986 (1.4%) over the last year. During the same period, its estimated monthly rental value has climbed by £20 (1.5%). The property's estimated gross yield is currently 4.7%.
Plot Size
7, Bute Drive, Rowlands Gill occupies a 660 m2 plot as recorded by HM Land Registry.
All 17 other houses in this postcode have recorded plot sizes, and this one ranks as the 9th largest.
Energy Efficiency
7, Bute Drive, Rowlands Gill has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 07 Aug 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
7, Bute Drive, Rowlands Gill last changed hands on 6th November 2020, selling for £342,500. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 30.6% since November 2020.
- Sold Nov 2020£342,500
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 2.0 kilometres of 7, Bute Drive, Rowlands Gill across the last 2 years.
Most recently, 2, Bute Drive, Rowlands Gill, NE39 2DP, a freehold house, sold at £300,000 on the 4th October 2024.
Read more about house prices in NE39.
- Sold Oct 2024£300,000 | 4 Bed House2, Bute Drive, Rowlands Gill, NE39 2DP2, Bute Drive, Rowlands Gill, NE39 2DP
- Sold Jun 2024£335,000 | 4 Bed House4, The Granaries, Rowlands Gill, NE39 2DR4, The Granaries, Rowlands Gill, NE39 2DR
- Sold Apr 2021£395,000 | 4 Bed House14, Bute Drive, Rowlands Gill, NE39 2DP14, Bute Drive, Rowlands Gill, NE39 2DP
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 7, Bute Drive, Rowlands Gill as the 10th largest and the 10th most expensive of the 17 addresses on Bute Drive, High Spen, Rowlands Gill, NE39.
Against the NE39 postcode district average, it is £173k more expensive than the typical property.
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Schools Nearby
- 200mHigh Spen Primary School
- 2.1kmHighfield Community Primary School
- 2.1kmSt Joseph's Roman Catholic Voluntary Aided Primary School, Highfield
- 4.6kmThorp Academy
- 5.0kmPrudhoe Community High School
- 5.3kmSt Thomas More Catholic School, Blaydon
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Public Transport Nearby
Wylam station is the nearest stop to 7, Bute Drive, Rowlands Gill at 5.2 kilometres away.
- 5.2kmWylam
- 6.1kmBlaydon
- 6.4kmPrudhoe
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
