17 Festival Park Drive

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

    This semi-detached leasehold property on Festival Park Drive last sold in September 2002 for £84,500. Based on price growth in the NE11 district since then, its estimated current value is £196,357 — placing it in the 24th percentile nationally and the 69th percentile within NE11. The property covers 121 m² (1,302 sq ft), giving an estimated value of £1,623 per m². The EPC rating is C, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Leasehold

    Floor Area

    1,302 sq ft

    121 m²

    Last Sale Price

    £84,500

    Sept 2002

    Estimated Valuation

    £196,357

    Est. £/sq ft

    £151/sq ft

    £1,623/m²

    Property Details

    TypeSemi-Detached
    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

    27 Sept 2002

    £84,500

    28 Sept 1995

    New build

    £53,970

    Key Metrics

    Estimated valuation£196,357
    Value per sq ft / m²£151/sq ft (£1,623/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE11 district percentile69th percentile
    National percentile24th 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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