40 Montrose Drive

    40, MONTROSE DRIVE, GATESHEAD, NE10 8BG

    This semi-detached leasehold property on Montrose Drive last sold in June 2014 for £145,000. Based on price growth in the NE10 district since then, its estimated current value is £197,443 — placing it in the 24th percentile nationally and the 77th percentile within NE10. The property covers 59 m² (635 sq ft), giving an estimated value of £3,346 per m². The EPC rating is E, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Leasehold

    Floor Area

    635 sq ft

    59 m²

    Last Sale Price

    £145,000

    Jun 2014

    Estimated Valuation

    £197,443

    Est. £/sq ft

    £311/sq ft

    £3,346/m²

    Property Details

    TypeSemi-Detached
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialB
    Floor area635 sq ft (59 m²)
    EPC dateAug 2013
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    20 Jun 2014

    £145,000

    1 Aug 2005

    £126,000

    Key Metrics

    Estimated valuation£197,443
    Value per sq ft / m²£311/sq ft (£3,346/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE10 district percentile77th percentile
    National percentile24th 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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