27 Festival Park Drive

    27, FESTIVAL PARK DRIVE, GATESHEAD, NE11 9TU

    This semi-detached freehold property on Festival Park Drive last sold in January 2020 for £136,000. Based on price growth in the NE11 district since then, its estimated current value is £151,415 — placing it in the 13th percentile nationally and the 41st percentile within NE11. The property covers 58 m² (624 sq ft), giving an estimated value of £2,611 per m². The EPC rating is D, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    624 sq ft

    58 m²

    Last Sale Price

    £136,000

    Jan 2020

    Estimated Valuation

    £151,415

    Est. £/sq ft

    £243/sq ft

    £2,611/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1991-1995
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area624 sq ft (58 m²)
    EPC dateSept 2019
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    22 Jan 2020

    £136,000

    6 Jun 2003

    £96,000

    19 Jun 2000

    £60,000

    30 Aug 1996

    New build

    £50,650

    Key Metrics

    Estimated valuation£151,415
    Value per sq ft / m²£243/sq ft (£2,611/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE11 district percentile41st percentile
    National percentile13th 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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