69 Foster Drive

    69, FOSTER DRIVE, GATESHEAD, NE8 3JA

    This detached freehold property on Foster Drive last sold in February 2023 for £280,000. Based on price growth in the NE8 district since then, its estimated current value is £314,860 — placing it in the 52nd percentile nationally and the 97th percentile within NE8. The property covers 95 m² (1,023 sq ft), giving an estimated value of £3,314 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,023 sq ft

    95 m²

    Last Sale Price

    £280,000

    Feb 2023

    Estimated Valuation

    £314,860

    Est. £/sq ft

    £308/sq ft

    £3,314/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 area1,023 sq ft (95 m²)
    EPC dateMar 2018
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    17 Feb 2023

    £280,000

    14 Aug 2018

    £360,000

    21 Feb 2003

    New build

    £144,950

    Key Metrics

    Estimated valuation£314,860
    Value per sq ft / m²£308/sq ft (£3,314/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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