20 Festival Way

    20, FESTIVAL WAY, GATESHEAD, NE11 9QU

    This semi-detached freehold property on Festival Way last sold in August 2020 for £129,950. Based on price growth in the NE11 district since then, its estimated current value is £144,679 — placing it in the 11th percentile nationally and the 36th percentile within NE11. The property covers 58 m² (624 sq ft), giving an estimated value of £2,494 per m². The EPC rating is C, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    624 sq ft

    58 m²

    Last Sale Price

    £129,950

    Aug 2020

    Estimated Valuation

    £144,679

    Est. £/sq ft

    £232/sq ft

    £2,494/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area624 sq ft (58 m²)
    EPC dateMar 2020
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    26 Aug 2020

    £129,950

    3 Jul 2015

    £112,000

    24 Feb 2006

    £119,999

    5 Oct 2001

    £58,500

    28 Jul 2000

    £55,750

    25 Jul 1997

    £46,600

    Key Metrics

    Estimated valuation£144,679
    Value per sq ft / m²£232/sq ft (£2,494/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE11 district percentile36th percentile
    National percentile11th percentile

    District Context — NE11

    NE11 covers Cramlington and surrounding areas in south-east Northumberland, situated between Newcastle and the coast. It is a largely suburban district with a strong family-oriented character and established residential communities.

    Average Property Price - NE11

    £184,538

    8

    National percentile

    Average Net Household Income - NE11

    £34,075

    26

    National percentile

    10-Year Annualised Price Growth - NE11

    4.0%

    67

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE11

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