35 Foster Drive, Gateshead, NE8 3JA is a leasehold flat built between 2003-2006. The property offers approximately 603 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 £116,443 , which equates to approximately £193 per square foot. It was last sold on 29 May 2015 for £93,500. Since then, the value has increased by £22,943, representing a 24.5% increase, or approximately 2.3% per year.

The current estimated value of £116,443 is:

  • 32.1% lower than the average property price on Foster Drive
  • 31.0% lower than the average in the NE8 3JA postcode area
  • and 34.0% lower than the average price for Gateshead as a whole

At the most recent EPC inspection on 18 February 2022, the property was recorded as owner-occupied.

View sold house prices in NE8 3JA

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
603 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£116,443
Price Per sq ft (estimate)
£193
Bedroom Count (estimate)
1 bedroom

EPC Summary

35 Foster Drive, Gateshead, Tyne And Wear, NE8 3JA has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 18 Feb 2022.

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 23 Jul 2009, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 3.6%.

Since the previous assessment, several changes were observed:

  • The lighting was changed from low energy lighting in 70% of fixed outlets to low energy lighting in all fixed outlets, with no change in efficiency (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 all fixed outlets
Very Good

Compared to NE8 3JA

28 th / 47
Price Rank
31% lower than average
30 th / 42
Size Rank
27% smaller than average
9 th / 42
Price Per Sq FT Rank
5% lower than average

Compared to other properties in NE8 3JA , this flat's estimated value ranks 28th out of 47. Based on price per square foot, it ranks 9th out of 42 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 30th out of 42 properties in its postcode area.

Sale History

Today
£116,443
streetscan.co.uk estimate
+25 %
29 May 2015
£93,500
Leasehold
+0.6 %
25 Apr 2003
£92,950
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 603 sq ft
sale price: £88,000
sale date: 28 Aug 2024
rooms: 3
size: 570 sq ft
sale price: £90,000
sale date: 23 Oct 2023
rooms: 3
size: 603 sq ft
sale price: £93,500
sale date: 30 Jun 2023
rooms: 3
size: 592 sq ft
sale price: £85,000
sale date: 26 Aug 2022
rooms: 3
size: 635 sq ft
sale price: £80,000
sale date: 30 Sep 2021

Data Sources

The property at 35 Foster Drive, Gateshead, NE8 3JA appears two times in the Land Registry records, with the latest transaction recorded on 29 May 2015. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 18 Feb 2022. 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.