62 Follingsby Drive

    62, FOLLINGSBY DRIVE, GATESHEAD, NE10 8YH

    This detached freehold property on Follingsby Drive last sold in November 2018 for £247,000. Based on price growth in the NE10 district since then, its estimated current value is £321,515 — placing it in the 54th percentile nationally and the 97th percentile within NE10. The property covers 91 m² (980 sq ft), giving an estimated value of £3,533 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    980 sq ft

    91 m²

    Last Sale Price

    £247,000

    Nov 2018

    Estimated Valuation

    £321,515

    Est. £/sq ft

    £328/sq ft

    £3,533/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area980 sq ft (91 m²)
    EPC dateSept 2018
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    30 Nov 2018

    £247,000

    6 Dec 1996

    £81,000

    Key Metrics

    Estimated valuation£321,515
    Value per sq ft / m²£328/sq ft (£3,533/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE10 district percentile97th percentile
    National percentile54th 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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