38 Festival Park Drive

    38, FESTIVAL PARK DRIVE, GATESHEAD, GATESHEAD, NE11 9TT

    This detached freehold property on Festival Park Drive last sold in April 2001 for £80,000. Based on price growth in the NE11 district since then, its estimated current value is £250,077 — placing it in the 37th percentile nationally and the 85th percentile within NE11. The property covers 92 m² (990 sq ft), giving an estimated value of £2,718 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    990 sq ft

    92 m²

    Last Sale Price

    £80,000

    Apr 2001

    Estimated Valuation

    £250,077

    Est. £/sq ft

    £253/sq ft

    £2,718/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area990 sq ft (92 m²)
    EPC dateSept 2024
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    6 Apr 2001

    £80,000

    25 Sept 1998

    £69,950

    23 Feb 1995

    New build

    £57,950

    Key Metrics

    Estimated valuation£250,077
    Value per sq ft / m²£253/sq ft (£2,718/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE11 district percentile85th percentile
    National percentile37th 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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