2 Drury Buildings

    2, DRURY BUILDINGS, GATESHEAD, NE11 9DT

    This detached freehold property on Drury Buildings last sold in September 2015 for £175,000. Based on price growth in the NE11 district since then, its estimated current value is £292,173 — placing it in the 47th percentile nationally and the 89th percentile within NE11. The property covers 137 m² (1,475 sq ft), giving an estimated value of £2,133 per m². The EPC rating is D, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,475 sq ft

    137 m²

    Last Sale Price

    £175,000

    Sept 2015

    Estimated Valuation

    £292,173

    Est. £/sq ft

    £198/sq ft

    £2,133/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1991-1995
    Habitable rooms7
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area1,475 sq ft (137 m²)
    EPC dateJan 2015
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    29 Sept 2015

    £175,000

    24 Nov 2006

    £60,000

    12 Jan 1995

    £30,000

    Key Metrics

    Estimated valuation£292,173
    Value per sq ft / m²£198/sq ft (£2,133/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE11 district percentile89th percentile
    National percentile47th percentile

    Other Properties on Drury Buildings

    District Context — NE11

    NE11 covers Cramlington and surrounding areas in south-east Northumberland, situated between Newcastle and the coast. It is a largely suburban district with a strong family-oriented character and established residential communities.

    Average Property Price - NE11

    £184,538

    8

    National percentile

    Average Net Household Income - NE11

    £34,075

    26

    National percentile

    10-Year Annualised Price Growth - NE11

    4.0%

    67

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE11

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