3 Albert Drive

    3, ALBERT DRIVE, GATESHEAD, NE9 6EH

    This terraced freehold property on Albert Drive last sold in September 2014 for £390,000. Based on price growth in the NE9 district since then, its estimated current value is £463,117 — placing it in the 75th percentile nationally and the 95th percentile within NE9. The property covers 200 m² (2,153 sq ft), giving an estimated value of £2,316 per m². The EPC rating is E, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    2,153 sq ft

    200 m²

    Last Sale Price

    £390,000

    Sept 2014

    Estimated Valuation

    £463,117

    Est. £/sq ft

    £215/sq ft

    £2,316/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms7
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area2,153 sq ft (200 m²)
    EPC dateApr 2014
    WallsSandstone, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    11 Sept 2014

    £390,000

    Key Metrics

    Estimated valuation£463,117
    Value per sq ft / m²£215/sq ft (£2,316/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE9 district percentile95th percentile
    National percentile75th percentile

    District Context — NE9

    NE9 covers Gateshead and surrounding areas in Tyne and Wear, south of the River Tyne. It is a mixed residential district with a blend of urban and suburban character, offering good transport links and community amenities.

    Average Property Price - NE9

    £217,116

    17

    National percentile

    Average Net Household Income - NE9

    £34,891

    31

    National percentile

    10-Year Annualised Price Growth - NE9

    2.5%

    16

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE9

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