48 Foster Drive, Gateshead, NE8 3JG is a leasehold flat built between 2003-2006. The property offers approximately 614 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 £120,908 , which equates to approximately £197 per square foot. It was last sold on 28 Jul 2006 for £116,000. Since then, the value has increased by £4,908, representing a 4.2% increase, or approximately 0.2% per year.

The current estimated value of £120,908 is:

  • 29.5% lower than the average property price on Foster Drive
  • 13.0% lower than the average in the NE8 3JG postcode area
  • and 31.5% lower than the average price for Gateshead as a whole

At the most recent EPC inspection on 1 March 2022, 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
614 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£120,908
Price Per sq ft (estimate)
£197
Bedroom Count (estimate)
1 bedroom

EPC Summary

48 Foster Drive, Gateshead, Tyne And Wear, NE8 3JG has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 1 Mar 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 6 Mar 2012. The rating of C remains the same, but the energy efficiency score improved by 2.6%.

Since the previous assessment, several changes were observed:

  • The lighting was updated from low energy lighting in 38% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from average to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 250 mm loft insulation
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 3JG

22 nd / 57
Price Rank
13% lower than average
24 th / 52
Size Rank
19% smaller than average
20 th / 52
Price Per Sq FT Rank
8% higher than average

Compared to other properties in NE8 3JG , this flat's estimated value ranks 22th out of 57. Based on price per square foot, it ranks 20th out of 52 properties. In terms of size, this home ranks 24th out of 52 properties in its postcode area.

Sale History

Today
£120,908
streetscan.co.uk estimate
+4 %
28 Jul 2006
£116,000
Leasehold
+11.6 %
18 Dec 2003
£103,950
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: 603 sq ft
sale price: £85,000
sale date: 3 Sep 2024
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

Data Sources

The property at 48 Foster Drive, Gateshead, NE8 3JG appears two times in the Land Registry records, with the latest transaction recorded on 28 Jul 2006. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 1 Mar 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.