27 Foster Drive

    27, FOSTER DRIVE, GATESHEAD, NE8 3JA

    This terraced freehold property on Foster Drive last sold in January 2012 for £141,000. Based on price growth in the NE8 district since then, its estimated current value is £200,988 — placing it in the 25th percentile nationally and the 78th percentile within NE8. The property covers 92 m² (990 sq ft), giving an estimated value of £2,185 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    990 sq ft

    92 m²

    Last Sale Price

    £141,000

    Jan 2012

    Estimated Valuation

    £200,988

    Est. £/sq ft

    £203/sq ft

    £2,185/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area990 sq ft (92 m²)
    EPC dateMar 2024
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    25 Jan 2012

    £141,000

    31 Mar 2004

    £118,500

    18 Jun 2003

    New build

    £119,950

    Key Metrics

    Estimated valuation£200,988
    Value per sq ft / m²£203/sq ft (£2,185/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile78th percentile
    National percentile25th percentile

    District Context — NE8

    NE8 covers Gateshead and surrounding areas in Tyne and Wear, situated south of the River Tyne in the North East. It is a primarily working-class and lower-middle-income area with a significant rental market and strong community character.

    Average Property Price - NE8

    £157,635

    4

    National percentile

    Average Net Household Income - NE8

    £31,485

    12

    National percentile

    10-Year Annualised Price Growth - NE8

    2.5%

    16

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE8

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