33 Festival Park Drive

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

    This detached leasehold property on Festival Park Drive last sold in May 1997 for £79,950. Based on price growth in the NE11 district since then, its estimated current value is £377,359 — placing it in the 64th percentile nationally and the 95th percentile within NE11. The property covers 57 m² (614 sq ft), giving an estimated value of £6,620 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Leasehold

    Floor Area

    614 sq ft

    57 m²

    Last Sale Price

    £79,950

    May 1997

    Estimated Valuation

    £377,359

    Est. £/sq ft

    £615/sq ft

    £6,620/m²

    Property Details

    TypeDetached
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1991-1995
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area614 sq ft (57 m²)
    EPC dateDec 2013
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    15 May 1997

    New build

    £79,950

    Key Metrics

    Estimated valuation£377,359
    Value per sq ft / m²£615/sq ft (£6,620/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE11 district percentile95th percentile
    National percentile64th 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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