100 Foster Drive

    100, FOSTER DRIVE, GATESHEAD, NE8 3JG

    This flat/maisonette leasehold property on Foster Drive last sold in January 2023 for £84,000. Based on price growth in the NE8 district since then, its estimated current value is £87,472 — placing it in the 2nd percentile nationally and the 23rd percentile within NE8. The property covers 54 m² (581 sq ft), giving an estimated value of £1,620 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    581 sq ft

    54 m²

    Last Sale Price

    £84,000

    Jan 2023

    Estimated Valuation

    £87,472

    Est. £/sq ft

    £151/sq ft

    £1,620/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnclosed Mid-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area581 sq ft (54 m²)
    EPC dateAug 2021
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    13 Jan 2023

    £84,000

    16 Mar 2007

    £117,600

    23 Feb 2006

    New build

    £100,650

    Key Metrics

    Estimated valuation£87,472
    Value per sq ft / m²£151/sq ft (£1,620/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile23rd percentile
    National percentile2nd 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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