7 Holmewood Drive

    7, HOLMEWOOD DRIVE, ROWLANDS GILL, NE39 1EL

    This detached freehold property on Holmewood Drive last sold in August 2023 for £525,000. Based on price growth in the NE39 district since then, its estimated current value is £513,729 — placing it in the 80th percentile nationally and the 93rd percentile within NE39. The property covers 86 m² (926 sq ft), giving an estimated value of £5,974 per m². The EPC rating is D, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    86 m²

    (926 sq ft)

    Last Sale Price

    £525,000

    Aug 2023

    Estimated Valuation

    £513,729

    Est. £/m²

    £5,974/m²

    £555/sq ft

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area86 m² (926 sq ft)
    EPC dateApr 2012
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    24 Aug 2023

    £525,000

    2 Jul 2007

    £465,000

    Key Metrics

    Estimated valuation£513,729
    Value per m² / sq ft£5,974/m² (£555/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE39 district percentile93rd percentile
    National percentile80th percentile

    District Context — NE39

    NE39 covers areas in the eastern part of Tyne and Wear, sitting within the broader Newcastle and Gateshead region. It is a residential district with an older demographic profile and strong owner-occupation, appealing to established households and retirees.

    Average Property Price - NE39

    £242,974

    26

    National percentile

    Average Net Household Income - NE39

    £23,059

    2

    National percentile

    10-Year Annualised Price Growth - NE39

    2.7%

    20

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE39

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