71 Foster Drive

    71, FOSTER DRIVE, GATESHEAD, GATESHEAD, NE8 3JA

    This semi-detached freehold property on Foster Drive last sold in May 2006 for £158,000. Based on price growth in the NE8 district since then, its estimated current value is £212,989 — placing it in the 28th percentile nationally and the 82nd percentile within NE8. The property covers 51 m² (549 sq ft), giving an estimated value of £4,176 per m². The EPC rating is C, with a potential rating of C.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    549 sq ft

    51 m²

    Last Sale Price

    £158,000

    May 2006

    Estimated Valuation

    £212,989

    Est. £/sq ft

    £388/sq ft

    £4,176/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area549 sq ft (51 m²)
    EPC dateNov 2018
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    2 May 2006

    £158,000

    31 Mar 2003

    New build

    £119,950

    Key Metrics

    Estimated valuation£212,989
    Value per sq ft / m²£388/sq ft (£4,176/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile82nd percentile
    National percentile28th 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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