42 Foster Drive

    42, FOSTER DRIVE, GATESHEAD, GATESHEAD, NE8 3JG

    This flat/maisonette leasehold property on Foster Drive last sold in June 2004 for £103,000. Based on price growth in the NE8 district since then, its estimated current value is £138,328 — placing it in the 10th percentile nationally and the 52nd percentile within NE8. The property covers 49 m² (527 sq ft), giving an estimated value of £2,823 per m². The EPC rating is E, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    527 sq ft

    49 m²

    Last Sale Price

    £103,000

    Jun 2004

    Estimated Valuation

    £138,328

    Est. £/sq ft

    £262/sq ft

    £2,823/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area527 sq ft (49 m²)
    EPC dateDec 2014
    WallsCavity wall, as built, partial insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    4 Jun 2004

    £103,000

    19 Dec 2003

    New build

    £98,950

    Key Metrics

    Estimated valuation£138,328
    Value per sq ft / m²£262/sq ft (£2,823/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile52nd percentile
    National percentile10th 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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