57, FOSTER DRIVE, GATESHEAD, NE8 3JA - £235,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

57 FOSTER DRIVE is a small extended detached house of 96m², built sometime between 2003 and 2006. It was last sold for £235,000 in February 2022, which was around 6% below the average February 2022 detached price in the Gateshead local authority area. The most recent EPC inspection was January 2014, where the current energy rating was C, and the potential energy rating was B.

57 FOSTER DRIVE Sold Prices

Land registry data shows five sales for 57 FOSTER DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Gateshead local authority area for the corresponding sale date. The five 57 FOSTER DRIVE sales were a mix of below the average price, and roughly equal to the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2022 16 FEB	£235,000	£250,771	6% below HPI
2015 30 SEP	£202,000	£218,402	8% below HPI
2007 12 DEC	£228,000	£236,191	3% below HPI
2006 26 OCT	£215,000	£214,770	Close to HPI
2003 28 FEB	£114,950	£122,398	6% below HPI

57 FOSTER DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Gateshead local authority area over time, sourced from the HPI. The five 57 FOSTER DRIVE sales between February 2003 and February 2022 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the September 2015 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the February 2022 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 57 FOSTER DRIVE?

57 FOSTER DRIVE is 96m², which includes one extension, according to the EPC inspection conducted in January 2014. This puts it in the smallest 40% of detached houses in Gateshead, based on EPC data. The below chart shows the distribution of detached houses by size in Gateshead, and where 57 FOSTER DRIVE lies on this distribution: 37% of detached houses are smaller than 57 FOSTER DRIVE, and 62% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

57 FOSTER DRIVE: Plot and Title Map

57 FOSTER DRIVE sits on a plot of roughly 0.077 of an acre, or 312m². The below map shows the location of 57 FOSTER DRIVE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 57 FOSTER DRIVE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 57 FOSTER DRIVE?

57 FOSTER DRIVE is located in GATESHEAD, in the NE8 postcode district. The below map shows the position of No. 57 on FOSTER DRIVE.