12 Foster Drive, Gateshead, NE8 3JG is a leasehold flat built between 2003-2006. The property offers approximately 517 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £146,244 , which equates to approximately £283 per square foot. It was last sold on 27 Feb 2004 for £102,950. Since then, the value has increased by £43,294, representing a 42.1% increase, or approximately 1.9% per year.

The current estimated value of £146,244 is:

  • 14.8% lower than the average property price on Foster Drive
  • 5.3% higher than the average in the NE8 3JG postcode area
  • and 17.2% lower than the average price for Gateshead as a whole

View sold house prices in NE8 3JG

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
517 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£146,244
Price Per sq ft (estimate)
£283
Bedroom Count (estimate)
1 bedroom

EPC Summary

12 Foster Drive, Gateshead, Tyne And Wear, NE8 3JG has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 19 Nov 2019.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 24 Oct 2008. The rating of B is unchanged, though the energy efficiency score decreased by 1.2%.

Since the previous assessment, several changes were observed:

  • The wall construction or insulation changed from cavity wall, as built, insulated (assumed) to system built, with internal insulation, improving energy efficiency from good to very good.
  • The lighting was updated from low energy lighting in 17% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from poor to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
System built, with internal insulation
Very Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to NE8 3JG

29 th / 57
Price Rank
5% higher than average
49 th / 52
Size Rank
32% smaller than average
3 rd / 52
Price Per Sq FT Rank
55% higher than average

Compared to other properties in NE8 3JG , this flat's estimated value ranks 29th out of 57. Based on price per square foot, it ranks 3rd out of 52 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 49th out of 52 properties in its postcode area.

Sale History

Today
£146,244
streetscan.co.uk estimate
+42 %
27 Feb 2004
£102,950
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 506 sq ft
sale price: £90,000
sale date: 22 Aug 2024
rooms: 3
size: 581 sq ft
sale price: £91,000
sale date: 8 Dec 2023
rooms: 3
size: 581 sq ft
sale price: £84,000
sale date: 13 Jan 2023
rooms: 3
size: 592 sq ft
sale price: £105,000
sale date: 16 Dec 2022
rooms: 3
size: 549 sq ft
sale price: £76,000
sale date: 11 Dec 2020

Data Sources

The property at 12 Foster Drive, Gateshead, Tyne And Wear, NE8 3JG appears once in the Land Registry records, with the transaction recorded on 27 Feb 2004. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 19 Nov 2019. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.