40 Wardley Drive

    40, WARDLEY DRIVE, GATESHEAD, GATESHEAD, NE10 8AD

    This terraced leasehold property on Wardley Drive last sold in February 2004 for £46,000. Based on price growth in the NE10 district since then, its estimated current value is £71,711 — placing it in the 1st percentile nationally and the 9th percentile within NE10. The property covers 35 m² (377 sq ft), giving an estimated value of £2,049 per m². The EPC rating is F, with a potential rating of D.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    377 sq ft

    35 m²

    Last Sale Price

    £46,000

    Feb 2004

    Estimated Valuation

    £71,711

    Est. £/sq ft

    £190/sq ft

    £2,049/m²

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms2
    Main fuelelectricity (not community)
    EPC currentF
    EPC potentialD
    Floor area377 sq ft (35 m²)
    EPC dateFeb 2016
    WallsCavity wall, as built, no insulation (assumed)
    HeatingElectric storage heaters

    Transaction History

    20 Feb 2004

    £46,000

    5 Dec 2002

    £34,850

    Key Metrics

    Estimated valuation£71,711
    Value per sq ft / m²£190/sq ft (£2,049/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE10 district percentile9th percentile
    National percentile1st 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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