35 Festival Park Drive

    35, FESTIVAL PARK DRIVE, GATESHEAD, NE11 9TU

    This semi-detached freehold property on Festival Park Drive last sold in November 2020 for £227,595. Based on price growth in the NE11 district since then, its estimated current value is £253,391 — placing it in the 38th percentile nationally and the 85th percentile within NE11. The property covers 118 m² (1,270 sq ft), giving an estimated value of £2,147 per m². The EPC rating is C, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    1,270 sq ft

    118 m²

    Last Sale Price

    £227,595

    Nov 2020

    Estimated Valuation

    £253,391

    Est. £/sq ft

    £199/sq ft

    £2,147/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,270 sq ft (118 m²)
    EPC dateAug 2020
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    25 Nov 2020

    £227,595

    19 May 2015

    £202,000

    26 Oct 2001

    £77,500

    24 Sept 1999

    £72,000

    30 May 1997

    New build

    £62,950

    Key Metrics

    Estimated valuation£253,391
    Value per sq ft / m²£199/sq ft (£2,147/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE11 district percentile85th percentile
    National percentile38th 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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