6 Festival Way

    6, FESTIVAL WAY, GATESHEAD, NE11 9QU

    This semi-detached leasehold property on Festival Way last sold in August 2025 for £162,000. Based on price growth in the NE11 district since then, its estimated current value is £162,000 — placing it in the 15th percentile nationally and the 49th percentile within NE11. The property covers 61 m² (657 sq ft), giving an estimated value of £2,656 per m². The EPC rating is C, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Leasehold

    Floor Area

    657 sq ft

    61 m²

    Last Sale Price

    £162,000

    Aug 2025

    Estimated Valuation

    £162,000

    Est. £/sq ft

    £247/sq ft

    £2,656/m²

    Property Details

    TypeSemi-Detached
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1991-1995
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area657 sq ft (61 m²)
    EPC dateMar 2025
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    7 Aug 2025

    £162,000

    15 May 2014

    £105,000

    Key Metrics

    Estimated valuation£162,000
    Value per sq ft / m²£247/sq ft (£2,656/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE11 district percentile49th percentile
    National percentile15th 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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