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Property details for 57 Ovett Gardens, Gateshead NE8 3JH

Flat, Leasehold - Edit
Zoopla Estimate: £125,000

Value data/graphs

Estimate feedback

  • Zoopla Estimate

    £125,000
    Refine estimate

  • Value change
    650 (0.5%) 5,000 (4.2%) 4,500 (3.8%) 1,800 (1.5%) 10,850 (9.5%) 12,150 (10.8%) 24,950 (25.0%)  
    from 
  • Rental value
    £700 pcm
  • Confidence level
    71
  • Value range
    £117,000 - £132,000
  • Rental range
    £650 - £750 pcm

Monthly running costs Beta

£375 Monthly total
Remortgage
Property value
Loan amount (60%) 75,000
Repayment term 25
Interest rate 0.5
Your payment £266 /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

Gateshead

Estimated tax band A Council tax cost £109 /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: £122,950 | Sale date: 31st Jul 2006 New build

This leasehold flat is located at 57 Ovett Gardens, Gateshead NE8 3JH and has an estimated current value of £125,000. Ovett Gardens, NE8 has 66 houses and flats on it with a current average value of £156,280, compared to an an average property value of £124,812 for NE8. There have been 18 property sales on Ovett Gardens over the last 5 years with an average sold house price of £130,163 and this flat was last sold on 31st Jul 2006 for £122,950. There are currently 166 houses and flats to buy in NE8 with an average asking price of £122,855 and 221 properties to rent in NE8 with an average asking rent of £160 pw.

Owner info

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Market activity
Average price paid £130,390 Sales 410 Current average value £124,812 (Zoopla Zed-Index) Value change £6,470 ▲ 5.47%

Property value data/graphs for NE8

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £199,954 £164 3.5 £203,253
Semi-detached £139,696 £157 2.8 £134,636
Terraced £144,696 £144 3.3 £142,985
Flats £107,431 £186 2.2 £114,616

Current asking prices in NE8

Average: £122,854
Avg. current asking prices in NE8
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses - £95,761
(9)
£141,824
(22)
£235,800
(6)
£299,750
(5)
Flats £89,683
(15)
£105,963
(82)
£132,819
(21)
£90,000
(3)
£110,000
(1)
All £89,683
(15)
£104,954
(91)
£137,426
(43)
£187,200
(9)
£268,125
(6)

Current asking rents in NE8

Average: £691 pcm
Avg. current asking prices in NE8
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £386 pcm
(14)
£606 pcm
(10)
£667 pcm
(7)
£962 pcm
(8)
-
Flats £496 pcm
(46)
£699 pcm
(111)
£876 pcm
(23)
£956 pcm
(5)
£1,519 pcm
(2)
All £470 pcm
(60)
£691 pcm
(121)
£827 pcm
(30)
£960 pcm
(13)
£1,519 pcm
(2)

Fun facts for NE8

Highest value in NE8
Highest value streets Zed-Index
West Park Road £271,637
Mill Road £248,294
St. Edmunds Court £230,815
Claremont Place £230,604
Fletcher Road £217,098
Highest turnover in NE8
Highest turnover streets Turnover
Durham Road 53.8%
Mid Summer Way 43.8%
Parson Courtyard 42.9%
Spring Street 35.7%
Shipley Court 33.3%

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