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

Flat, Leasehold - Edit
Zoopla Estimate: £59,000

Value data/graphs

Estimate feedback

  • Zoopla Estimate

    £59,000
    Refine estimate

  • Value change
    350 (0.6%) 2,700 (4.8%) 3,750 (6.8%) 4,450 (8.1%) 7,600 (14.7%) 9,200 (18.4%) 7,800 (15.2%)  
    from 
  • Rental value
    £350 pcm
  • Confidence level
    82
  • Value range
    £57,000 - £62,000
  • Rental range
    £350 - £400 pcm

Monthly running costs Beta

£228 Monthly total
Remortgage
Property value
Loan amount (60%) 35,400
Repayment term 25
Interest rate 0.5
Your payment £125 /mo Find remortgage deals In partnership with uSwitch
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 uSwitch
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 £59,000. The Cedars, NE4 has 518 flats on it with a current average value of £77,002, compared to an an average property value of £144,857 for NE4. There have been 26 property sales on The Cedars over the last 5 years with an average sold house price of £71,207 and this flat was last sold on 17th Feb 2012 for £50,000. There are currently 214 houses and flats to buy in NE4 with an average asking price of £119,101 and 502 properties to rent in NE4 with an average asking rent of £264 pw.

Owner info

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Back to Park Road results

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Market activity
Average price paid £153,627 Sales 203 Current average value £144,857 (Zoopla Zed-Index) Value change £5,960 ▲ 4.29%

Property value data/graphs for NE4

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £354,803 £166 3.8 £375,000
Semi-detached £178,813 £159 3.4 £194,842
Terraced £142,172 £135 3.3 £141,339
Flats £92,672 £165 2.3 £95,392

Current asking prices in NE4

Average: £119,100
Avg. current asking prices in NE4
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £117,500
(2)
£99,215
(17)
£120,849
(61)
£218,511
(17)
£201,754
(13)
Flats £96,317
(6)
£71,201
(43)
£76,832
(22)
£150,980
(5)
£125,574
(21)
All £101,612
(8)
£79,138
(60)
£109,182
(83)
£203,163
(22)
£154,701
(34)

Current asking rents in NE4

Average: £1,143 pcm
Avg. current asking prices in NE4
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £3,868 pcm
(74)
£530 pcm
(11)
£653 pcm
(41)
£798 pcm
(41)
£853 pcm
(16)
Flats £3,452 pcm
(85)
£533 pcm
(140)
£671 pcm
(93)
£859 pcm
(32)
£657 pcm
(3)
All £3,646 pcm
(159)
£533 pcm
(151)
£666 pcm
(134)
£825 pcm
(73)
£822 pcm
(19)

Fun facts for NE4

Highest value in NE4
Highest value streets Zed-Index
Moorside North £570,618
Moorside South £470,791
Wingrove Road North £321,650
Nuns Moor Crescent £282,125
Auburn Gardens £242,956
Highest turnover in NE4
Highest turnover streets Turnover
Park Road 53.5%
Ashtree Close 39.1%
Curtis Road 38.3%
Matfen Place 35.7%
Fenham Court 29.7%

What Zoopla users think of Newcastle upon Tyne

Overall rating:

  • currently 4 stars
Very good - 81% (197 ratings)

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Local info for Newcastle upon Tyne

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