83 Foster Drive

    83, FOSTER DRIVE, GATESHEAD, NE8 3JA

    This flat/maisonette leasehold property on Foster Drive last sold in September 2018 for £89,000. Based on price growth in the NE8 district since then, its estimated current value is £96,467 — placing it in the 3rd percentile nationally and the 29th percentile within NE8. The property covers 49 m² (527 sq ft), giving an estimated value of £1,969 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    527 sq ft

    49 m²

    Last Sale Price

    £89,000

    Sept 2018

    Estimated Valuation

    £96,467

    Est. £/sq ft

    £183/sq ft

    £1,969/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formDetached
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area527 sq ft (49 m²)
    EPC dateDec 2024
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    14 Sept 2018

    £89,000

    14 Mar 2014

    £92,250

    8 Oct 2004

    New build

    £116,950

    Key Metrics

    Estimated valuation£96,467
    Value per sq ft / m²£183/sq ft (£1,969/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile29th percentile
    National percentile3rd 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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