44 Festival Park Drive

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

    This detached freehold property on Festival Park Drive last sold in February 2007 for £219,950. Based on price growth in the NE11 district since then, its estimated current value is £345,487 — placing it in the 58th percentile nationally and the 93rd percentile within NE11. The property covers 92 m² (990 sq ft), giving an estimated value of £3,755 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

    £219,950

    Feb 2007

    Estimated Valuation

    £345,487

    Est. £/sq ft

    £349/sq ft

    £3,755/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1991-1995
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area990 sq ft (92 m²)
    EPC dateApr 2017
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    28 Feb 2007

    £219,950

    25 Apr 1997

    New build

    £82,500

    Key Metrics

    Estimated valuation£345,487
    Value per sq ft / m²£349/sq ft (£3,755/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE11 district percentile93rd percentile
    National percentile58th 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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