17 Balfour Street

    17, BALFOUR STREET, GATESHEAD, GATESHEAD, NE8 1YL

    This flat/maisonette freehold property on Balfour Street last sold in August 2003 for £42,000. Based on price growth in the NE8 district since then, its estimated current value is £63,489 — placing it in the 0th percentile nationally and the 7th percentile within NE8. The property covers 71 m² (764 sq ft), giving an estimated value of £894 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Freehold

    Floor Area

    764 sq ft

    71 m²

    Last Sale Price

    £42,000

    Aug 2003

    Estimated Valuation

    £63,489

    Est. £/sq ft

    £83/sq ft

    £894/m²

    Property Details

    TypeFlat/Maisonette
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area764 sq ft (71 m²)
    EPC dateMay 2014
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    8 Aug 2003

    £42,000

    Key Metrics

    Estimated valuation£63,489
    Value per sq ft / m²£83/sq ft (£894/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile7th percentile
    National percentile0th 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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