9 Foster Drive

    9, FOSTER DRIVE, GATESHEAD, GATESHEAD, NE8 3JA

    This flat/maisonette leasehold property on Foster Drive last sold in December 2006 for £105,000. Based on price growth in the NE8 district since then, its estimated current value is £128,042 — placing it in the 8th percentile nationally and the 46th percentile within NE8. The property covers 54 m² (581 sq ft), giving an estimated value of £2,371 per m². The EPC rating is B, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    581 sq ft

    54 m²

    Last Sale Price

    £105,000

    Dec 2006

    Estimated Valuation

    £128,042

    Est. £/sq ft

    £220/sq ft

    £2,371/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnclosed End-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentB
    EPC potentialB
    Floor area581 sq ft (54 m²)
    EPC dateDec 2014
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    18 Dec 2006

    £105,000

    30 May 2003

    New build

    £92,950

    Key Metrics

    Estimated valuation£128,042
    Value per sq ft / m²£220/sq ft (£2,371/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile46th percentile
    National percentile8th 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

    More properties in NE8

    Streets in NE8

    Explore nearby