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According to the public record, 73, Foster Drive, Gateshead is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 976 ft2 of internal area and sits on a 193 m2 plot and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 73, Foster Drive, Gateshead is £211,465 and the estimated rental value is £1,617 per month.
Foster Drive, Gateshead, NE8 is located in the borough of Gateshead within the NE8 postal district.
73, Foster Drive, Gateshead has 21 entries in the Land Registry , most recently in December 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 73, Foster Drive, Gateshead is in very good condition we estimate a sale value of £222,038 and a rental value of £1,697 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £196,663 and a rental value of £1,503 per month.
Over the last 12 months the sale value of 73 Foster Drive Gateshead has increased by an estimated £3,830 (1.8%) and its rental value has increased by an estimated £58 per month (3.6%), giving an expected gross yield of 9.2%.
According to data from HM Land Registry, 73, Foster Drive, Gateshead sits on a plot of 193m2.
We have plot size data on 21 out of 21 other houses in the postcode and 73, Foster Drive, Gateshead sits on the 7th largest plot.
According to HM Land Registry, 73, Foster Drive, Gateshead was last sold on 12th December 2007 for £164,950 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since December 2007, the market for similar properties has risen 3.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 73, Foster Drive, Gateshead within a radius of 570 metres over the last 2 years.
The most recent example is 18, Freight Sidings, Gateshead, NE8 3FW, a freehold house which sold for £214,995 on the 30th August 2024.
Read more about house prices in NE8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Foster Drive, Gateshead, NE8 has a total of 104 addresses. According to our analysis of all the public data, 73, Foster Drive, Gateshead is the 29th largest and the 21st most expensive property on the street.
When compared to the postcode district it is £76k more expensive than the average property in NE8.
The closest station to 73, Foster Drive, Gateshead is Manors station which is 1.9 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 73, Foster Drive, Gateshead, 55.9% of property is privately rented and 31.4% is privately owned with a mortgage.
The graph below shows how this compares to North East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 73, Foster Drive, Gateshead, 20.3% of residents are recorded as possessing school level qualifications and 55.3% as possessing degree level qualifications.
The graph below shows how this compares to North East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 73, Foster Drive, Gateshead, the average age was 35.8 and the most common age was 27.
The graph below shows how this compares to North East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 73, Foster Drive, Gateshead, 0.0% of property was a second home.
Comparison figures for North East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 73, Foster Drive, Gateshead, there are an average of 1.1 cars per household.
See below for how this compares to North East and the rest of England & Wales.
