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Property details for 24 The Cedars, Park Road, Newcastle Upon Tyne NE4 7DX

Flat, Leasehold - Edit
Zoopla Estimate: £60,000

Value data/graphs

Estimate feedback

  • Zoopla Estimate

    £60,000
    Refine estimate

  • Value change
    2,300 (4.0%) 4,700 (8.4%) 4,550 (8.2%) 4,450 (7.9%) 8,400 (16.1%) 9,600 (18.9%) 12,550 (26.2%)  
    from 
  • Rental value
    £350 pcm
  • Confidence level
    83
  • Value range
    £58,000 - £63,000
  • Rental range
    £350 - £400 pcm

Monthly running costs Beta

£230 Monthly total
Remortgage
Property value
Loan amount (60%) 36,000
Repayment term 25
Interest rate 0.5
Your payment £127 /mo 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 -- Electricity -- Estimated energy cost --/mo (--/yr) Compare energy deals now 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: unknown kWh/year
Electricity: unknown kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority

Newcastle upon Tyne

Estimated tax band A Council tax cost £103 /mo
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 -- Sewerage -- Estimated water cost -- /mo
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: £50,000 | Sale date: 17th Feb 2012 New build

This leasehold flat is located at 24 The Cedars, Park Road, Newcastle Upon Tyne NE4 7DX and has an estimated current value of £60,000. The Cedars, NE4 has 518 flats on it with a current average value of £78,661, compared to an an average property value of £146,729 for NE4. There have been 32 property sales on The Cedars over the last 5 years with an average sold house price of £66,668 and this flat was last sold on 17th Feb 2012 for £50,000. There are currently 241 houses and flats to buy in NE4 with an average asking price of £120,690 and 447 properties to rent in NE4 with an average asking rent of £185 pw.

Owner info

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Back to Park Road results

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Market activity
Average price paid £153,568 Sales 205 Current average value £146,729 (Zoopla Zed-Index) Value change £7,620 ▲ 5.48%

What is the current average value of properties in NE4?

The current average value in NE4 in December 2016 is £146,729. This has increased 3.14% from September 2016. Terraced properties sold for a current average value of £145,052 and semi-detached properties valued £179,061. In the past year property prices in NE4 have increased 5.48%. This is according to the current Zoopla estimates.

Property value data/graphs for NE4

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £360,156 £166 3.8 £404,826
Semi-detached £179,061 £159 3.4 £183,687
Terraced £145,052 £136 3.3 £138,069
Flats £94,382 £166 2.3 £94,650

Current asking prices in NE4

Average: £117,036
Avg. current asking prices in NE4
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £80,000
(1)
£96,432
(11)
£121,331
(55)
£170,625
(26)
£183,971
(7)
Flats £102,030
(10)
£90,621
(59)
£76,945
(21)
£150,314
(7)
£126,692
(25)
All £100,027
(11)
£91,534
(70)
£109,066
(76)
£166,317
(33)
£139,222
(32)

Current asking rents in NE4

Average: £705 pcm
Avg. current asking prices in NE4
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £340 pcm
(44)
£514 pcm
(8)
£666 pcm
(33)
£870 pcm
(37)
£864 pcm
(17)
Flats £371 pcm
(54)
£535 pcm
(124)
£709 pcm
(87)
£954 pcm
(21)
£1,306 pcm
(18)
All £357 pcm
(98)
£534 pcm
(132)
£697 pcm
(120)
£900 pcm
(58)
£1,091 pcm
(35)

Fun facts for NE4

Highest value in NE4
Highest value streets Zed-Index
Moorside North £574,027
Moorside South £474,624
Wingrove Road North £315,082
Nuns Moor Crescent £282,765
Auburn Gardens £245,969
Highest turnover in NE4
Highest turnover streets Turnover
Park Road 51.2%
Ashtree Close 39.1%
Matfen Place 35.7%
Curtis Road 34.0%
Fenham Court 29.7%

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