11 Balfour Street

    11, BALFOUR STREET, GATESHEAD, GATESHEAD, NE8 1YL

    This flat/maisonette leasehold property on Balfour Street last sold in December 2003 for £52,000. Based on price growth in the NE8 district since then, its estimated current value is £78,606 — placing it in the 1st percentile nationally and the 16th percentile within NE8. The property covers 72 m² (775 sq ft), giving an estimated value of £1,092 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    775 sq ft

    72 m²

    Last Sale Price

    £52,000

    Dec 2003

    Estimated Valuation

    £78,606

    Est. £/sq ft

    £101/sq ft

    £1,092/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formNot Recorded
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area775 sq ft (72 m²)
    EPC dateDec 2025
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    23 Dec 2003

    £52,000

    30 May 2003

    £27,000

    5 May 1995

    £15,750

    Key Metrics

    Estimated valuation£78,606
    Value per sq ft / m²£101/sq ft (£1,092/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile16th percentile
    National percentile1st percentile

    District Context — NE8

    NE8 covers Gateshead and surrounding areas in Tyne and Wear, situated south of the River Tyne in the North East. It is a primarily working-class and lower-middle-income area with a significant rental market and strong community character.

    Average Property Price - NE8

    £157,635

    4

    National percentile

    Average Net Household Income - NE8

    £31,485

    12

    National percentile

    10-Year Annualised Price Growth - NE8

    2.5%

    16

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE8

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