Property details for 18 King Edward Street, Gateshead NE8 3PR

Flat, Leasehold, 2 Beds, 1 Bath, 1 Recept - Edit
Zoopla Estimate: £65,000

Value data/graphs

Estimate feedback

  • Zoopla Estimate

    £65,000
    Refine estimate

  • Value change
    250 (-0.3%) 150 (-0.2%) 1,200 (-1.8%) 1,000 (1.6%) 4,850 (8.1%) 7,400 (12.8%) 10,300 (18.8%)  
    from 
  • Rental value
    £350 pcm
  • Confidence level
    86
  • Value range
    £61,000 - £69,000
  • Rental range
    £350 - £400 pcm

Monthly running costs Beta

£326 Monthly total
Remortgage
Property value
Loan amount (60%) 39,000
Repayment term 25
Interest rate 0.5
Your payment £138 /month Find remortgage deals In partnership with
Remortgage costs explained

The initial estimated monthly remortgage payment is calculated using a loan to value of 60% of the current value of a property, a term of 25 years, and a representative interest rate.

It is important to note that the mortgage repayments figure shown is only intended as a guide.

Ensure mortgage lenders are consulted to obtain an accurate quote. We do not accept any responsibility for any inaccuracies or errors in this regard.

Energy Gas £22 Electricity £26 Estimated energy cost £48 /month Find energy deals In partnership with
Energy costs explained

The estimated energy cost for this property has been calculated using actual energy usage data for a property of this type, number of bedrooms and region.

Estimated consumption

Gas: 8800 kWh/year
Electricity: 2200 kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority

Gateshead

Estimated tax band A Council tax cost £109 /month
when paid over 10 months
Council tax costs explained

The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.

Full information on Council Tax discount entitlements can be found on the Gov.UK’s website.

Water Supply £14 Sewerage £17 Estimated water cost £31 /month
Water costs explained

Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.

Total annual consumption (in cubic meters) is then averaged into a monthly cost.

Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.

Public info

Property type: Flat | Tenure: Leasehold | Last sale: £20,000 | Sale date: 4th Dec 2002

This 2 bed leasehold flat is located at 18 King Edward Street, Gateshead NE8 3PR and has an estimated current value of £65,000. King Edward Street, NE8 has 60 houses and flats on it with a current average value of £64,744, compared to an average property value of £118,706 for NE8. There have been 9 property sales on King Edward Street over the last 5 years with an average sold house price of £54,006 and this flat was last sold on 4th Dec 2002 for £20,000. There are currently 205 properties for sale in NE8 with an average asking price of £121,041 and 192 houses and flats to rent in NE8 with an average asking rent of £195 pw.

Owner info

As the owner of a home, you may claim it on Zoopla to edit your home facts, set a TemptMe Price and more...

Back to King Edward Street results

Incorrect map position? Edit location

Market activity
Average price paid £125,282 Sales 381 Current average value £118,706 (Zoopla Zed-Index) Value change £326 ▲ 0.28%

Property value data/graphs for NE8

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £186,831 £150 3.5 £166,229
Semi-detached £132,307 £143 2.8 £128,825
Terraced £136,787 £134 3.3 £150,686
Flats £103,499 £182 2.2 £100,373

Current asking prices in NE8

Average: £113,649
Avg. current asking prices in NE8
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses - £104,975
(12)
£129,405
(23)
£146,725
(8)
£185,000
(4)
Flats £94,070
(22)
£107,884
(98)
£121,718
(30)
£106,650
(3)
-
All £94,070
(22)
£107,567
(110)
£125,054
(53)
£135,795
(11)
£185,000
(4)

Current asking rents in NE8

Average: £734 pcm
Avg. current asking prices in NE8
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £328 pcm
(8)
£541 pcm
(8)
£549 pcm
(4)
£830 pcm
(4)
-
Flats £547 pcm
(26)
£705 pcm
(95)
£1,051 pcm
(29)
£550 pcm
(1)
£598 pcm
(1)
All £496 pcm
(34)
£692 pcm
(103)
£990 pcm
(33)
£774 pcm
(5)
£598 pcm
(1)

Fun facts for NE8

Highest value in NE8
Highest value streets Zed-Index
Durham Road £300,560
West Park Road £258,330
Gladstone Terrace £255,171
Oxford Terrace £249,332
Mill Road £244,388
Highest turnover in NE8
Highest turnover streets Turnover
Durham Road 46.2%
Spring Street 42.9%
Stephenson Street 38.1%
Parson Courtyard 35.7%
Shipley Court 33.3%

What Zoopla users think of Gateshead

Overall rating:

  • currently 4 stars
Very good - 78% (94 ratings)

Ratings breakdown:

  • currently stars
Community & safety
  • currently stars
Entertainment & nightlife
  • currently stars
Parks & recreation
  • currently stars
Restaurants & shopping
  • currently stars
Schools & public services
  • currently stars
Transport & travel

Rate Gateshead:

Tell us what you think of this area by rating these categories.
Please note your vote will only be counted once.

Community & safety
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Entertainment & nightlife
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Parks & recreation
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Restaurants & shopping
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Schools & public services
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Transport & travel
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5

Local info for Gateshead

About the neighbours in NE8

AskMe Q&A for Gateshead

Ask a question

See all AskMe Q&A in Gateshead