2 Morven Drive

    2, MORVEN DRIVE, GATESHEAD, NE10 0TF

    This detached freehold property on Morven Drive last sold in December 2017 for £150,000. Based on price growth in the NE10 district since then, its estimated current value is £209,126 — placing it in the 27th percentile nationally and the 80th percentile within NE10. The property covers 144 m² (1,550 sq ft), giving an estimated value of £1,452 per m². The EPC rating is D, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,550 sq ft

    144 m²

    Last Sale Price

    £150,000

    Dec 2017

    Estimated Valuation

    £209,126

    Est. £/sq ft

    £135/sq ft

    £1,452/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms7
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area1,550 sq ft (144 m²)
    EPC dateSept 2017
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    1 Dec 2017

    £150,000

    Key Metrics

    Estimated valuation£209,126
    Value per sq ft / m²£135/sq ft (£1,452/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE10 district percentile80th percentile
    National percentile27th 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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