18 Foster Drive, Gateshead, NE8 3JG is a leasehold flat built between 2003-2006. The property offers approximately 603 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £87,335 , which equates to approximately £145 per square foot. It was last sold on 3 Sep 2024 for £85,000. Since then, the value has increased by £2,335, representing a 2.7% increase, or approximately 2.2% per year.

The current estimated value of £87,335 is:

  • 49.1% lower than the average property price on Foster Drive
  • 37.1% lower than the average in the NE8 3JG postcode area
  • and 50.5% lower than the average price for Gateshead as a whole

At the most recent EPC inspection on 5 April 2024, the property was recorded as owner-occupied.

View sold house prices in NE8 3JG

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
603 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£87,335
Price Per sq ft (estimate)
£145
Bedroom Count (estimate)
1 bedroom

EPC Summary

18 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 5 Apr 2024.

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 6 Aug 2009. The rating of B is unchanged, though the energy efficiency score decreased by 3.6%.

Since the previous assessment, several changes were observed:

  • The lighting was updated from no low energy lighting to low energy lighting in 71% of fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 71% of fixed outlets
Very Good

Compared to NE8 3JG

32 nd / 57
Price Rank
37% lower than average
30 th / 52
Size Rank
21% smaller than average
23 rd / 52
Price Per Sq FT Rank
21% lower than average

Compared to other properties in NE8 3JG , this flat's estimated value ranks 32th out of 57. Based on price per square foot, it ranks 23th out of 52 properties. In terms of size, this home ranks 30th out of 52 properties in its postcode area.

Sale History

Today
£87,335
streetscan.co.uk estimate
+3 %
3 Sep 2024
£85,000
Leasehold
-22.7 %
7 Sep 2007
£109,950
Leasehold
+8.9 %
15 Dec 2003
£101,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 614 sq ft
sale price: £87,000
sale date: 15 Jan 2025
rooms: 3
size: 581 sq ft
sale price: £91,000
sale date: 8 Dec 2023
rooms: 3
size: 657 sq ft
sale price: £102,000
sale date: 9 Jun 2023
rooms: 3
size: 624 sq ft
sale price: £90,000
sale date: 6 Apr 2023
rooms: 3
size: 581 sq ft
sale price: £84,000
sale date: 13 Jan 2023

Data Sources

The property at 18 Foster Drive, Gateshead, NE8 3JG appears three times in the Land Registry records, with the latest transaction recorded on 3 Sep 2024. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 5 Apr 2024. 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.