4, FOSTER DRIVE, GATESHEAD, NE8 3JG - £170,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

4 FOSTER DRIVE is a very large terraced house of 146m², built sometime between 2003 and 2006, which could now be worth an estimated £229,822. It was last sold for £170,000 in July 2009, which was around 60% above the average July 2009 terraced price in the Gateshead local authority area. The most recent EPC inspection was August 2019, where the current energy rating was C, and the potential energy rating was B.

4 FOSTER DRIVE Sold Prices

Land registry data shows two sales for 4 FOSTER DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Gateshead local authority area for the corresponding sale date. Both of the two 4 FOSTER DRIVE sales were for above 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
2009 30 JUL	£170,000	£106,458	60% above HPI
2004 31 MAR	£155,950	£79,767	96% above HPI

4 FOSTER DRIVE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Gateshead local authority area over time, sourced from the HPI. The two 4 FOSTER DRIVE sales from March 2004 and July 2009 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 March 2004 sale was for 96% above the HPI. So the extrapolation line tracks at 96% above the HPI over time, until the July 2009 sale, where it falls to 60% above the HPI. The line then continues to track at 60% above the HPI.

What might 4 FOSTER DRIVE be worth now?

4 FOSTER DRIVE might now be worth an estimated £229,822.

This is based on house price inflation of 35.2%, between July 2009 and June 2025, for terraced houses, in the Gateshead local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 35.2% inflationary increase is applied to the most recent sale price for 4 FOSTER DRIVE of £170,000 on 30th July 2009. For the value to have increased from £170,000 to £229,822 over the sixteen years and one month to June 2025, the following assumptions must hold true:

• The value of 4 FOSTER DRIVE has moved in line with the HPI for terraced houses in the Gateshead local authority area.
• The July 2009 sale price of £170,000 represented a fair market value for the property.
• The size, condition, and specification of 4 FOSTER DRIVE has not materially changed since July 2009.

How Large is 4 FOSTER DRIVE?

4 FOSTER DRIVE is 146m² according to the EPC inspection conducted in August 2019. This puts it in the largest 20% of terraced houses houses in Gateshead, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Gateshead, and where 4 FOSTER DRIVE lies on this distribution: 83% of terraced houses houses are smaller than 4 FOSTER DRIVE, and 17% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

4 FOSTER DRIVE: Plot and Title Map

4 FOSTER DRIVE sits on a plot of roughly 0.038 of an acre, or 152m². The below map shows the location of 4 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 4 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 4 FOSTER DRIVE?

4 FOSTER DRIVE is located in GATESHEAD, in the NE8 postcode district. The below map shows the position of No. 4 on FOSTER DRIVE.