57 Foster Drive

    57, FOSTER DRIVE, GATESHEAD, NE8 3JA

    This detached freehold property on Foster Drive last sold in February 2022 for £235,000. Based on price growth in the NE8 district since then, its estimated current value is £310,940 — placing it in the 52nd percentile nationally and the 97th percentile within NE8. The property covers 96 m² (1,033 sq ft), giving an estimated value of £3,239 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,033 sq ft

    96 m²

    Last Sale Price

    £235,000

    Feb 2022

    Estimated Valuation

    £310,940

    Est. £/sq ft

    £301/sq ft

    £3,239/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,033 sq ft (96 m²)
    EPC dateJan 2014
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    16 Feb 2022

    £235,000

    30 Sept 2015

    £202,000

    12 Dec 2007

    £228,000

    26 Oct 2006

    £215,000

    28 Feb 2003

    New build

    £114,950

    Key Metrics

    Estimated valuation£310,940
    Value per sq ft / m²£301/sq ft (£3,239/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile97th percentile
    National percentile52nd 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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