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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
    350 (0.6%) 250 (0.4%) 2,400 (4.3%) 450 (0.7%) 4,800 (9.0%) 7,700 (15.3%) 9,350 (19.2%)  
    from 
  • Rental value
    £350 pcm
  • Confidence level
    82
  • Value range
    £55,000 - £60,000
  • Rental range
    £300 - £350 pcm

Monthly running costs Beta

£226 Monthly total
Remortgage
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
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 £58,000. The Cedars, NE4 has 518 flats on it with a current average value of £75,169, compared to an an average property value of £140,878 for NE4. There have been 30 property sales on The Cedars over the last 5 years with an average sold house price of £68,446 and this flat was last sold on 17th Feb 2012 for £50,000. There are currently 221 houses and flats to buy in NE4 with an average asking price of £115,816 and 472 properties to rent in NE4 with an average asking rent of £302 pw.

Owner info

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Back to Park Road results

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Market activity
Average price paid £154,253 Sales 190 Current average value £140,878 (Zoopla Zed-Index) Value change £4,150 ▲ 3.04%

What is the current average value of properties in NE4?

The current average value in NE4 in January 2017 is £140,878. This has increased 0.50% from October 2016. Terraced properties sold for a current average value of £138,543 and semi-detached properties valued £172,896. In the past year property prices in NE4 have increased 3.04%. 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 £344,362 £161 3.8 £396,561
Semi-detached £172,896 £156 3.4 £180,626
Terraced £138,543 £131 3.3 £141,016
Flats £90,784 £162 2.3 £98,238

Current asking prices in NE4

Average: £113,777
Avg. current asking prices in NE4
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £91,475
(2)
£99,745
(11)
£121,267
(50)
£165,976
(21)
£152,844
(8)
Flats £101,100
(12)
£89,100
(56)
£73,331
(18)
£145,533
(6)
£124,543
(22)
All £99,725
(14)
£90,848
(67)
£108,578
(68)
£161,433
(27)
£132,090
(30)

Current asking rents in NE4

Average: £1,280 pcm
Avg. current asking prices in NE4
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £6,393 pcm
(43)
£540 pcm
(9)
£665 pcm
(31)
£885 pcm
(37)
£882 pcm
(16)
Flats £4,275 pcm
(67)
£601 pcm
(127)
£681 pcm
(90)
£935 pcm
(20)
£1,053 pcm
(9)
All £5,103 pcm
(110)
£597 pcm
(136)
£677 pcm
(121)
£902 pcm
(57)
£944 pcm
(25)

Fun facts for NE4

Highest value in NE4
Highest value streets Zed-Index
Moorside North £551,088
Moorside South £457,656
Wingrove Road North £307,493
Nuns Moor Crescent £272,952
Auburn Gardens £234,504
Highest turnover in NE4
Highest turnover streets Turnover
Park Road 51.2%
Ashtree Close 39.1%
Curtis Road 36.2%
Matfen Place 35.7%
Fenham Court 32.4%

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