47 Wardley Drive, Gateshead, NE10 8AH is a leasehold flat built between 1950-1966. The property offers approximately 388 square feet of living space. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £46,245 , which equates to approximately £119 per square foot. It was last sold on 29 Apr 2016 for £38,000. Since then, the value has increased by £8,245, representing a 21.7% increase, or approximately 2.3% per year.

The current estimated value of £46,245 is:

  • 68.3% lower than the average property price on Wardley Drive
  • 74.6% lower than the average in the NE10 8AH postcode area
  • and 73.1% lower than the average price for Gateshead as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 4 February 2016, the property was recorded as owner-occupied.

View sold house prices in NE10 8AH

Building approximate location

About Property

Type
Flat
Built
1950-1966
Interior Size
388 sq ft
Tenure
Leasehold
Price (estimate)
£46,245
Price Per sq ft (estimate)
£119
Bedroom Count (estimate)
1 bedroom

EPC Summary

47 Wardley Drive, Gateshead, Tyne And Wear, NE10 8AH has an Energy Performance Certificate (EPC) rating of F, based on the latest assessment carried out on 4 Feb 2016.

This property uses electric room heaters as its main heating source. A standard tariff electric immersion heater is used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 6 Oct 2014. The rating of F remains the same, but the energy efficiency score improved by 38.1%.

Since the previous assessment, several changes were observed:

  • The heating system changed from no system present: electric heaters assumed to room heaters, electric, with no change in energy efficiency (very poor).
  • The hot water system was changed from electric immersion, off-peak to electric immersion, standard tariff, with its energy efficiency changing from poor to very poor.
  • The roof construction or insulation changed from pitched, no insulation (assumed) to pitched, 50 mm loft insulation, improving energy efficiency from very poor to poor.
  • The lighting was updated from low energy lighting in 80% of fixed outlets to no low energy lighting, with efficiency changing from very good to very poor.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, standard tariff
Very Poor
Roof
Pitched, 50 mm loft insulation
Poor
Walls
Cavity wall, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Average
Lighting
No low energy lighting
Very Poor

Compared to NE10 8AH

18 th / 19
Price Rank
75% lower than average
8 th / 13
Size Rank
59% smaller than average
12 th / 13
Price Per Sq FT Rank
38% lower than average

Compared to other properties in NE10 8AH , this flat's estimated value ranks 18th out of 19. Based on price per square foot, it ranks 12th out of 13 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 8th out of 13 properties in its postcode area.

Sale History

Today
£46,245
streetscan.co.uk estimate
+22 %
29 Apr 2016
£38,000
Leasehold
+137.5 %
31 Mar 2000
£16,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 377 sq ft
sale price: £41,500
sale date: 26 Apr 2021
rooms: 2
size: 377 sq ft
sale price: £57,000
sale date: 9 Mar 2015
rooms: 2
size: 377 sq ft
sale price: £43,000
sale date: 23 Jan 2015
rooms: 2
size: 388 sq ft
sale price: £80,000
sale date: 10 Dec 2008
rooms: 2
size: 377 sq ft
sale price: £64,000
sale date: 30 Jul 2007

Data Sources

The property at 47 Wardley Drive, Gateshead, NE10 8AH appears two times in the Land Registry records, with the latest transaction recorded on 29 Apr 2016. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 4 Feb 2016. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.