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

Flat, Leasehold - Edit
Zoopla Estimate: £58,000

Value data/graphs

Estimate feedback

  • Zoopla Estimate

    £58,000
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  • Value change
    900 (1.6%) 1,300 (-2.2%) 2,950 (5.3%) 2,450 (4.4%) 4,000 (7.4%) 8,200 (16.4%) 5,200 (9.8%)  
    from 
  • Rental value
    £350 pcm
  • Confidence level
    81
  • Value range
    £56,000 - £61,000
  • Rental range
    £300 - £350 pcm

Monthly running costs Beta

£313 Monthly total
Remortgage
Average property value
Loan amount (60%) 34,800
Repayment term 25
Interest rate 0.5
Your payment £123 /mo Find remortgage deals In partnership with uSwitch
Average property value

The average property value derives from the Zoopla Estimate, which is our assessment of the current market value of a property according to the value of other properties in the area. Our data may be incomplete or inaccurate. Learn more

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 £41 Electricity £46 Estimated energy cost £87/mo (£1,051/yr)

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Energy costs explained

The estimated energy cost for this property is based on an average energy consumption of properties in this region.

Estimated consumption

Gas: 10500 kWh/year
Electricity: 2800 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 £58,000. The Cedars, NE4 has 518 flats on it with a current average value of £75,682, compared to an an average property value of £143,304 for NE4. There have been 25 property sales on The Cedars over the last 5 years with an average sold house price of £72,656 and this flat was last sold on 17th Feb 2012 for £50,000. There are currently 186 houses and flats to buy in NE4 with an average asking price of £124,402 and 559 properties to rent in NE4 with an average asking rent of £147 pw.

Owner info

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Market activity
Average price paid £150,002 Sales 201 Current average value £143,304 (Zoopla Zed-Index) Value change £1,554 ▲ 1.10%

Property value data/graphs for NE4

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £346,244 £172 3.8 £285,056
Semi-detached £175,304 £156 3.4 £190,147
Terraced £142,340 £135 3.3 £138,904
Flats £90,764 £161 2.3 £78,189

Current asking prices in NE4

Average: £124,401
Avg. current asking prices in NE4
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £86,975
(4)
£98,121
(14)
£131,722
(40)
£222,105
(18)
£186,991
(17)
Flats £88,992
(6)
£72,991
(35)
£78,408
(23)
£102,450
(2)
£123,405
(19)
All £88,185
(10)
£80,171
(49)
£112,259
(63)
£210,140
(20)
£153,432
(36)

Current asking rents in NE4

Average: £635 pcm
Avg. current asking prices in NE4
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £340 pcm
(71)
£523 pcm
(8)
£667 pcm
(40)
£831 pcm
(42)
£799 pcm
(17)
Flats £386 pcm
(95)
£514 pcm
(162)
£665 pcm
(109)
£828 pcm
(31)
£730 pcm
(9)
All £366 pcm
(166)
£514 pcm
(170)
£666 pcm
(149)
£830 pcm
(73)
£775 pcm
(26)

Fun facts for NE4

Highest value in NE4
Highest value streets Zed-Index
Moorside North £555,162
Moorside South £463,947
Wingrove Road North £315,502
Nuns Moor Crescent £278,341
Auburn Gardens £242,416
Highest turnover in NE4
Highest turnover streets Turnover
Park Road 51.2%
Curtis Road 36.2%
Ashtree Close 34.8%
Walter Terrace 31.8%
Auburn Gardens 28.9%

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