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Property details for Ferndene, West Park Road, Gateshead NE8 4SP

Semi-detached house, Freehold, 4 Beds, 1 Bath, 2 Receps - Edit
Zoopla Estimate: £350,000

Value data/graphs

Estimate feedback

  • Zoopla Estimate

    £350,000
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  • Value change
    8,950 (2.6%) 9,750 (2.9%) 29,400 (9.2%) 21,250 (6.5%) 49,800 (16.6%) 45,700 (15.0%) 82,200 (30.7%)  
    from 
  • Rental value
    £1,700 pcm
  • Confidence level
    86
  • Value range
    £329,000 - £371,000
  • Rental range
    £1,550 - £1,800 pcm

Monthly running costs Beta

£1,138 Monthly total
Remortgage
Property value
Loan amount (60%) 210,000
Repayment term 25
Interest rate 0.5
Your payment £744 /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 £1,600,000 Contents value up to £80,000 Average insurance cost £20/mo (£237/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 £72 Electricity £60 Estimated energy cost £132/mo (£1,593/yr)

Reduce your energy costs by up to £333/year

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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: 19900 kWh/year
Electricity: 4300 kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority

Gateshead

Estimated tax band E Council tax cost £200 /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 £20 Sewerage £22 Estimated water cost £42 /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: Semi-detached house | Tenure: Freehold | Last sale: £94,000 | Sale date: 28th Aug 1998

This 4 bed freehold semi-detached house is located at Ferndene, West Park Road, Gateshead NE8 4SP and has an estimated current value of £350,000. West Park Road, NE8 has 27 properties on it with a current average value of £277,625, compared to an average property value of £130,189 for NE8. There have been 5 property sales on West Park Road over the last 5 years with an average sold house price of £238,000 and this semi-detached house was last sold on 28th Aug 1998 for £94,000. There are currently 172 properties to buy in NE8 with an average asking price of £124,499 and 215 properties to rent in NE8 with an average asking rent of £181 pw.

Owner info

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Market activity
Average price paid £128,676 Sales 414 Current average value £130,189 (Zoopla Zed-Index) Value change £9,481 ▲ 7.85%

What is the current average value of properties in NE8?

The current average value in NE8 in December 2016 is £130,189. This has increased 3.36% from September 2016. Terraced properties sold for a current average value of £147,467 and semi-detached properties valued £146,529. In the past year property prices in NE8 have increased 7.85%. 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 £205,591 £156 3.5 £181,082
Semi-detached £146,529 £157 2.8 £136,329
Terraced £147,467 £147 3.3 £143,469
Flats £114,711 £193 2.2 £113,544

Current asking prices in NE8

Average: £116,909
Avg. current asking prices in NE8
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses - £106,981
(8)
£151,973
(26)
£135,950
(5)
£192,500
(2)
Flats £90,221
(17)
£109,710
(81)
£119,202
(23)
£95,000
(4)
£110,000
(1)
All £90,221
(17)
£109,465
(89)
£136,591
(49)
£117,750
(9)
£165,000
(3)

Current asking rents in NE8

Average: £682 pcm
Avg. current asking prices in NE8
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £349 pcm
(7)
£563 pcm
(5)
£699 pcm
(4)
£897 pcm
(8)
£950 pcm
(3)
Flats £550 pcm
(34)
£631 pcm
(92)
£938 pcm
(32)
£555 pcm
(6)
£587 pcm
(2)
All £516 pcm
(41)
£628 pcm
(97)
£911 pcm
(36)
£750 pcm
(14)
£805 pcm
(5)

Fun facts for NE8

Highest value in NE8
Highest value streets Zed-Index
West Park Road £277,625
Mill Road £269,318
St. Edmunds Court £238,059
Claremont Place £236,268
Fletcher Road £230,729
Highest turnover in NE8
Highest turnover streets Turnover
Durham Road 53.8%
Parson Courtyard 42.9%
Mid Summer Way 37.5%
Spring Street 35.7%
Renforth Close 35.5%

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