28 Festival Park Drive

    28, FESTIVAL PARK DRIVE, GATESHEAD, NE11 9TT

    This semi-detached freehold property on Festival Park Drive last sold in March 2019 for £149,000. Based on price growth in the NE11 district since then, its estimated current value is £175,407 — placing it in the 18th percentile nationally and the 58th percentile within NE11. The property covers 167 m² (1,798 sq ft), giving an estimated value of £1,050 per m². The EPC rating is C, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    1,798 sq ft

    167 m²

    Last Sale Price

    £149,000

    Mar 2019

    Estimated Valuation

    £175,407

    Est. £/sq ft

    £98/sq ft

    £1,050/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1991-1995
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,798 sq ft (167 m²)
    EPC dateFeb 2025
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    29 Mar 2019

    £149,000

    1 Sept 2017

    £135,000

    29 Nov 2013

    £120,000

    30 Nov 2007

    £139,950

    30 May 2003

    £93,500

    15 Jun 1999

    £51,000

    Key Metrics

    Estimated valuation£175,407
    Value per sq ft / m²£98/sq ft (£1,050/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE11 district percentile58th percentile
    National percentile18th 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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