According to the public record, 84, Foster Drive, Gateshead is a modern freehold house with 1,162 ft2 of internal area and sits on a 144 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Foster Drive, Gateshead, NE8 is located in the borough of Gateshead within the NE8 postal district.
84, Foster Drive, Gateshead has 21 entries in the Land Registry database, most recently in January 2017 and a single entry in the EPC database dated October 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 84 Foster Drive Gateshead as £193,882 and the rental value as £994 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of 84 Foster Drive Gateshead has increased by £3,200 (1.7%) and its rental value has increased by £82 per month (8.2%).
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 84, Foster Drive, Gateshead is in very good condition we estimate a sale value of £203,576 and rental value of £1,044 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £180,311 and a rental value of £925 per month.
If you were able to purchase this property for the estimated value of £193,882, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £953 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, 84, Foster Drive, Gateshead sits on a plot of 144m2.
We have plot size data on 12 out of 14 other houses in the postcode and 84, Foster Drive, Gateshead sits on the 12th largest plot.
According to HM Land Registry, 84, Foster Drive, Gateshead was last sold on 20 Jan 2017 for £184,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jan 2017, the market for similar properties has risen 16.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 84, Foster Drive, Gateshead within a radius of 570 metres over the last 2 years.
The most recent example is 61, Sanderson Villas, Gateshead, NE8 3BU, a Freehold house which sold for £205,000 in Jun 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, 84, Foster Drive, Gateshead is the 20th largest and the 30th most expensive property on the street.
When compared to the postcode district it is £61k more expensive than the average property in NE8.
84, Foster Drive, Gateshead has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 27 Oct 2016.
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 84, Foster Drive, Gateshead is Manors station which is 1.9 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 84, Foster Drive, Gateshead, 46.9% of property is privately rented and 35.7% is privately owned with a mortgage.
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 84, Foster Drive, Gateshead, 21.7% of residents are recorded as possessing school level qualifications and 61.3% 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 84, 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 84, 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 84, 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.