According to the public record, 32, Festival Park Drive, Gateshead is a modern freehold house with 994 ft2 of internal area and sits on a 496 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Festival Park Drive, Gateshead, NE11 is located in the borough of Gateshead within the NE11 postal district.
32, Festival Park Drive, Gateshead has 51 entries in the Land Registry database, most recently in January 2018 and a single entry in the EPC database dated June 2009.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
•Public data including the Land Registry and EPC Register is processed and republished under the Government Open Data Licence.
•All values are estimates based on available data. All data and other content are provided subject to our Terms & Conditions.
1Sales dated prior to 2007 are shown, but are not used in our calculations.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 32 Festival Park Drive Gateshead as £228,147 and the rental value as £1,105 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 32 Festival Park Drive Gateshead has increased by £3,417 (1.5%) and its rental value has increased by £92 per month (8.3%).
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 32, Festival Park Drive, Gateshead is in very good condition we estimate a sale value of £239,554 and rental value of £1,160 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £212,176 and a rental value of £1,028 per month.
If you were able to purchase this property for the estimated value of £228,147, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,121 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 32, Festival Park Drive, Gateshead sits on a plot of 496m2.
We have plot size data on 14 out of 24 other houses in the postcode and 32, Festival Park Drive, Gateshead sits on the 5th largest plot.
According to HM Land Registry, 32, Festival Park Drive, Gateshead was last sold on 05 Jan 2018 for £236,000 and was recorded as a freehold house.
The property has had 5 sales since 1995.
Since Jan 2018, the market for similar properties has risen 19.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 32, Festival Park Drive, Gateshead within a radius of 680 metres over the last 2 years.
The most recent example is 4, Marsh Court, Gateshead, NE11 9TD, a Freehold house which sold for £230,000 in Sep 2021.
Read more about house prices in NE11.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Festival Park Drive, Gateshead, NE11 has a total of 43 addresses. According to our analysis of all the public data, 32, Festival Park Drive, Gateshead is the 14th largest and the 14th most expensive property on the street.
When compared to the postcode district it is £95k more expensive than the average property in NE11.
32, Festival Park Drive, Gateshead has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 03 Jun 2009.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 32, Festival Park Drive, Gateshead is Dunston station which is 1.0 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 32, Festival Park Drive, Gateshead, 50.7% of property is privately owned with a mortgage and 39.7% is privately owned outright.
The graph below shows how this compares to Greater London 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 32, Festival Park Drive, Gateshead, 15.1% of residents are recorded as possessing school level qualifications and 31.3% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 32, Festival Park Drive, Gateshead, the average age was 43.3 and the most common age was 57.
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 32, Festival Park 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 32, Festival Park Drive, Gateshead, there are an average of 1.7 cars per household.
See below for how this compares to North East and the rest of England & Wales.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.