59 Foster Drive

    59, FOSTER DRIVE, GATESHEAD, NE8 3JA

    This terraced freehold property on Foster Drive last sold in November 2022 for £193,000. Based on price growth in the NE8 district since then, its estimated current value is £229,209 — placing it in the 32nd percentile nationally and the 87th percentile within NE8. The property covers 112 m² (1,206 sq ft), giving an estimated value of £2,047 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,206 sq ft

    112 m²

    Last Sale Price

    £193,000

    Nov 2022

    Estimated Valuation

    £229,209

    Est. £/sq ft

    £190/sq ft

    £2,047/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,206 sq ft (112 m²)
    EPC dateJun 2022
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    30 Nov 2022

    £193,000

    21 Feb 2003

    New build

    £117,950

    Key Metrics

    Estimated valuation£229,209
    Value per sq ft / m²£190/sq ft (£2,047/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile87th percentile
    National percentile32nd 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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