55 Follingsby Drive

    55, FOLLINGSBY DRIVE, GATESHEAD, NE10 8YH

    This semi-detached freehold property on Follingsby Drive last sold in September 2021 for £160,000. Based on price growth in the NE10 district since then, its estimated current value is £176,214 — placing it in the 18th percentile nationally and the 68th percentile within NE10. The property covers 51 m² (549 sq ft), giving an estimated value of £3,455 per m². The EPC rating is C, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    549 sq ft

    51 m²

    Last Sale Price

    £160,000

    Sept 2021

    Estimated Valuation

    £176,214

    Est. £/sq ft

    £321/sq ft

    £3,455/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area549 sq ft (51 m²)
    EPC dateMay 2012
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    15 Sept 2021

    £160,000

    24 Mar 1995

    £48,000

    Key Metrics

    Estimated valuation£176,214
    Value per sq ft / m²£321/sq ft (£3,455/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE10 district percentile68th percentile
    National percentile18th percentile

    District Context — NE10

    NE10 covers the Chester-le-Street area in south-east Durham, positioned between Sunderland and Gateshead. It is a largely working-class community with a strong social housing presence and steady, affordable residential demand.

    Average Property Price - NE10

    £158,785

    4

    National percentile

    Average Net Household Income - NE10

    £31,483

    12

    National percentile

    10-Year Annualised Price Growth - NE10

    3.4%

    42

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE10

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