28 Foster Drive

    28, FOSTER DRIVE, GATESHEAD, NE8 3JG

    This flat/maisonette leasehold property on Foster Drive last sold in May 2015 for £94,955. Based on price growth in the NE8 district since then, its estimated current value is £119,174 — placing it in the 7th percentile nationally and the 42nd percentile within NE8. The property covers 124 m² (1,335 sq ft), giving an estimated value of £961 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    1,335 sq ft

    124 m²

    Last Sale Price

    £94,955

    May 2015

    Estimated Valuation

    £119,174

    Est. £/sq ft

    £89/sq ft

    £961/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms7
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,335 sq ft (124 m²)
    EPC dateJul 2023
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    29 May 2015

    £94,955

    5 Dec 2003

    New build

    £94,950

    Key Metrics

    Estimated valuation£119,174
    Value per sq ft / m²£89/sq ft (£961/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile42nd percentile
    National percentile7th 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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