38 The Drive

    38, THE DRIVE, GATESHEAD, NE10 0PL

    This semi-detached freehold property on The Drive last sold in July 2024 for £168,500. Based on price growth in the NE10 district since then, its estimated current value is £169,496 — placing it in the 17th percentile nationally and the 65th percentile within NE10. The property covers 82 m² (883 sq ft), giving an estimated value of £2,067 per m². The EPC rating is C, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    883 sq ft

    82 m²

    Last Sale Price

    £168,500

    Jul 2024

    Estimated Valuation

    £169,496

    Est. £/sq ft

    £192/sq ft

    £2,067/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area883 sq ft (82 m²)
    EPC dateJun 2024
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    25 Jul 2024

    £168,500

    24 May 2019

    £126,000

    1 Jul 2011

    £115,000

    21 Nov 2008

    £110,000

    Key Metrics

    Estimated valuation£169,496
    Value per sq ft / m²£192/sq ft (£2,067/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE10 district percentile65th percentile
    National percentile17th percentile

    District Context — NE10

    NE10 covers the Chester-le-Street area in south-east Durham, positioned between Sunderland and Gateshead. It is a largely working-class community with a strong social housing presence and steady, affordable residential demand.

    Average Property Price - NE10

    £158,785

    4

    National percentile

    Average Net Household Income - NE10

    £31,483

    12

    National percentile

    10-Year Annualised Price Growth - NE10

    3.4%

    42

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE10

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