13 Festival Park Drive

    13, FESTIVAL PARK DRIVE, GATESHEAD, GATESHEAD, NE11 9TU

    This detached leasehold property on Festival Park Drive last sold in June 2001 for £87,000. Based on price growth in the NE11 district since then, its estimated current value is £271,959 — placing it in the 43rd percentile nationally and the 88th percentile within NE11. The property covers 121 m² (1,302 sq ft), giving an estimated value of £2,248 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Leasehold

    Floor Area

    1,302 sq ft

    121 m²

    Last Sale Price

    £87,000

    Jun 2001

    Estimated Valuation

    £271,959

    Est. £/sq ft

    £209/sq ft

    £2,248/m²

    Property Details

    TypeDetached
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,302 sq ft (121 m²)
    EPC dateJan 2014
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    15 Jun 2001

    £87,000

    21 Mar 1997

    New build

    £74,950

    Key Metrics

    Estimated valuation£271,959
    Value per sq ft / m²£209/sq ft (£2,248/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE11 district percentile88th percentile
    National percentile43rd 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

    More properties in NE11

    Streets in NE11

    Explore nearby