48 Foster Drive

    48, FOSTER DRIVE, GATESHEAD, GATESHEAD, NE8 3JG

    This flat/maisonette leasehold property on Foster Drive last sold in July 2006 for £116,000. Based on price growth in the NE8 district since then, its estimated current value is £141,456 — placing it in the 11th percentile nationally and the 53rd percentile within NE8. The property covers 57 m² (614 sq ft), giving an estimated value of £2,482 per m². The EPC rating is C, with a potential rating of C.

    See wider trends for Foster Drive →

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    614 sq ft

    57 m²

    Last Sale Price

    £116,000

    Jul 2006

    Estimated Valuation

    £141,456

    Est. £/sq ft

    £231/sq ft

    £2,482/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formDetached
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area614 sq ft (57 m²)
    EPC dateMar 2022
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    28 Jul 2006

    £116,000

    18 Dec 2003

    New build

    £103,950

    Key Metrics

    Estimated valuation£141,456
    Value per sq ft / m²£231/sq ft (£2,482/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile53rd percentile
    National percentile11th percentile

    District Context — NE8

    See wider trends for 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

    £157,210

    4

    National percentile

    12 month avg at 31 Aug 2026

    Average Net Household Income - NE8

    £31,485

    12

    National percentile

    2023 census data

    10-Year Annualised Price Growth - NE8

    2.2%

    25

    National percentile

    Estimate at 31 Aug 2026

    10-Year Annualised Rent Growth - NE

    4.1%

    58

    National percentile

    Estimate at 31 Aug 2026

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