62 Foster Drive

    62, FOSTER DRIVE, GATESHEAD, NE8 3JG

    This flat/maisonette leasehold property on Foster Drive last sold in February 2022 for £92,000. Based on price growth in the NE8 district since then, its estimated current value is £90,735 — placing it in the 3rd percentile nationally and the 25th percentile within NE8. The property covers 63 m² (678 sq ft), giving an estimated value of £1,440 per m². The EPC rating is B, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    678 sq ft

    63 m²

    Last Sale Price

    £92,000

    Feb 2022

    Estimated Valuation

    £90,735

    Est. £/sq ft

    £134/sq ft

    £1,440/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentB
    EPC potentialB
    Floor area678 sq ft (63 m²)
    EPC dateNov 2021
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    4 Feb 2022

    £92,000

    25 Feb 2004

    New build

    £101,950

    Key Metrics

    Estimated valuation£90,735
    Value per sq ft / m²£134/sq ft (£1,440/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile25th percentile
    National percentile3rd 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