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Property details for 37 Ovett Gardens, Gateshead NE8 3JH

Historic details available for this property Terraced house, Freehold, 3 Beds, 1 Bath, 1 Recep - Edit
Zoopla Estimate: £182,000

Value data/graphs

Estimate feedback

  • Zoopla Estimate

    £182,000
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  • Value change
    5,800 (3.3%) 5,500 (3.1%) 3,300 (1.8%) 8,250 (4.7%) 20,300 (12.5%) 27,050 (17.4%) 36,550 (25.1%)  
    from 
  • Rental value
    £850 pcm
  • Confidence level
    87
  • Value range
    £172,000 - £193,000
  • Rental range
    £800 - £900 pcm

Monthly running costs Beta

£659 Monthly total
Remortgage
Property value
Loan amount (60%) 109,200
Repayment term 25
Interest rate 0.5
Your payment £387 /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.

Home Insurance Rebuild value up to £350,000 Contents value up to £40,000 Average insurance cost £12/mo (£139/yr)
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Home insurance costs explained

Home Insurance is based on the average price of a building and contents quote for a property in this area in the last 48 months.

Source: Autonet Insurance Ltd

Energy Gas £49 Electricity £48 Estimated energy cost £97/mo (£1,167/yr)

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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: 13200 kWh/year
Electricity: 3400 kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority

Gateshead

Estimated tax band B Council tax cost £127 /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 £17 Sewerage £19 Estimated water cost £36 /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: Terraced house | Tenure: Freehold | Last sale: £145,000 | Sale date: 20th Jan 2012 - Previous sales
Property type: Terraced house | Tenure: Freehold | Previous sale: £146,950 | Sale date: 15th Jul 2005 New build

This 3 bed freehold terraced house is located at 37 Ovett Gardens, Gateshead NE8 3JH and has an estimated current value of £182,000. Ovett Gardens has 66 houses and flats on it with a average current value of £160,528, compared to an average property value of £126,352 for NE8. There have been 17 property sales on Ovett Gardens, NE8 over the last 5 years with an average house price paid of £128,055 and this terraced house was last sold on 20th Jan 2012 for £145,000. There are currently 170 properties for sale in NE8 with an average asking price of £127,240 and 208 properties to rent in NE8 with an average asking rent of £188 pw.

Property history

Property history Ovett Gardens, Gateshead NE8

Previously listed for sale on 15th Jul 2011 for £150,000

3 bed property

Property history of 37 Ovett Gardens, Gateshead NE8 3JH

Ovett gardens, st james village..........Beautifully presented town house ideally located for transport links .... The property is warmed via gas central heating and has the benefit of uPVC double glazing and a security alarm system. Accommodation ...

See details for 37 Ovett Gardens, Gateshead NE8 3JH when it was last marketed:

Owner info

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Market activity
Average price paid £127,581 Sales 397 Current average value £126,352 (Zoopla Zed-Index) Value change £6,010 ▲ 4.99%

What is the current average value of properties in NE8?

The current average value in NE8 in December 2016 is £126,352. This has increased 3.44% from September 2016. Terraced properties sold for a current average value of £146,845 and semi-detached properties valued £140,242. In the past year property prices in NE8 have increased 4.99%. This is according to the current Zoopla estimates.

Property value data/graphs for NE8

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £196,611 £156 3.5 £181,082
Semi-detached £140,242 £157 2.8 £133,849
Terraced £146,845 £147 3.3 £143,169
Flats £110,003 £194 2.2 £112,570

Current asking prices in NE8

Average: £119,641
Avg. current asking prices in NE8
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses - £106,981
(8)
£155,971
(27)
£204,962
(4)
£192,500
(2)
Flats £90,221
(17)
£110,172
(79)
£119,202
(23)
£95,000
(4)
£110,000
(1)
All £90,221
(17)
£109,878
(87)
£139,057
(50)
£149,981
(8)
£165,000
(3)

Current asking rents in NE8

Average: £713 pcm
Avg. current asking prices in NE8
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £332 pcm
(7)
£563 pcm
(5)
£699 pcm
(4)
£897 pcm
(8)
£950 pcm
(3)
Flats £563 pcm
(29)
£683 pcm
(94)
£943 pcm
(31)
£556 pcm
(5)
£587 pcm
(2)
All £518 pcm
(36)
£677 pcm
(99)
£915 pcm
(35)
£766 pcm
(13)
£805 pcm
(5)

Fun facts for NE8

Highest value in NE8
Highest value streets Zed-Index
West Park Road £274,868
Mill Road £257,777
Claremont Place £232,856
St. Edmunds Court £228,381
Fletcher Road £221,361
Highest turnover in NE8
Highest turnover streets Turnover
Durham Road 53.8%
Mid Summer Way 43.8%
Spring Street 42.9%
Parson Courtyard 42.9%
Renforth Close 35.5%

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