18 Balfour Street

    18, BALFOUR STREET, GATESHEAD, NE8 1YL

    This terraced freehold property on Balfour Street last sold in June 1999 for £16,500. Based on price growth in the NE8 district since then, its estimated current value is £84,516 — placing it in the 2nd percentile nationally and the 21st percentile within NE8. The property covers 69 m² (743 sq ft), giving an estimated value of £1,225 per m². The EPC rating is C, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    743 sq ft

    69 m²

    Last Sale Price

    £16,500

    Jun 1999

    Estimated Valuation

    £84,516

    Est. £/sq ft

    £114/sq ft

    £1,225/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formNot Recorded
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area743 sq ft (69 m²)
    EPC dateJul 2025
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    22 Jun 1999

    £16,500

    Key Metrics

    Estimated valuation£84,516
    Value per sq ft / m²£114/sq ft (£1,225/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE8 district percentile21st percentile
    National percentile2nd 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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