40 Elliott Drive

    40, ELLIOTT DRIVE, GATESHEAD, NE10 9QZ

    This terraced freehold property on Elliott Drive last sold in October 2019 for £82,500. Based on price growth in the NE10 district since then, its estimated current value is £102,480 — placing it in the 4th percentile nationally and the 22nd percentile within NE10. The property covers 98 m² (1,055 sq ft), giving an estimated value of £1,046 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,055 sq ft

    98 m²

    Last Sale Price

    £82,500

    Oct 2019

    Estimated Valuation

    £102,480

    Est. £/sq ft

    £97/sq ft

    £1,046/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms5
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialB
    Floor area1,055 sq ft (98 m²)
    EPC dateDec 2014
    WallsTimber frame, as built, partial insulation (assumed)
    HeatingElectric storage heaters

    Transaction History

    11 Oct 2019

    £82,500

    Key Metrics

    Estimated valuation£102,480
    Value per sq ft / m²£97/sq ft (£1,046/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE10 district percentile22nd percentile
    National percentile4th 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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