8 Westminster Drive

    8, WESTMINSTER DRIVE, GATESHEAD, NE11 9PU

    This detached leasehold property on Westminster Drive last sold in August 2017 for £249,000. Based on price growth in the NE11 district since then, its estimated current value is £391,692 — placing it in the 66th percentile nationally and the 95th percentile within NE11. The property covers 109 m² (1,173 sq ft), giving an estimated value of £3,594 per m². The EPC rating is D, with a potential rating of C.

    Type

    Detached

    Tenure

    Leasehold

    Floor Area

    1,173 sq ft

    109 m²

    Last Sale Price

    £249,000

    Aug 2017

    Estimated Valuation

    £391,692

    Est. £/sq ft

    £334/sq ft

    £3,594/m²

    Property Details

    TypeDetached
    TenureLeasehold
    Built formDetached
    Construction ageG
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area1,173 sq ft (109 m²)
    EPC dateJun 2017
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    4 Aug 2017

    £249,000

    15 Jul 2016

    £220,000

    13 Mar 1998

    £85,000

    Key Metrics

    Estimated valuation£391,692
    Value per sq ft / m²£334/sq ft (£3,594/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE11 district percentile95th percentile
    National percentile66th percentile

    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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