17 Balfour Street, Gateshead, NE8 1YL is a freehold flat built between 1967-1975. The property offers approximately 764 square feet of living space. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £66,593 , which equates to approximately £87 per square foot. It was last sold on 8 Aug 2003 for £42,000. Since then, the value has increased by £24,593, representing a 58.6% increase, or approximately 2.6% per year.

The current estimated value of £66,593 is:

  • 11.9% lower than the average property price on Balfour Street
  • 15.0% lower than the average in the NE8 1YL postcode area
  • and 62.3% lower than the average price for Gateshead as a whole

At the most recent EPC inspection on 19 May 2014, the property was recorded as owner-occupied.

View sold house prices in NE8 1YL

Building approximate location

About Property

Type
Flat
Built
1967-1975
Interior Size
764 sq ft
Tenure
Freehold
Price (estimate)
£66,593
Price Per sq ft (estimate)
£87
Bedroom Count (estimate)
2 bedrooms

EPC Summary

17 Balfour Street, Gateshead, Tyne And Wear, NE8 1YL has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 19 May 2014.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from the main heating system, though the cylinder has no thermostat. The windows are fully double glazed.

Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system, no cylinder thermostat
Average
Walls
Cavity wall, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 60% of fixed outlets
Good

Compared to NE8 1YL

20 th / 28
Price Rank
15% lower than average
8 th / 28
Size Rank
1% bigger than average
21 st / 28
Price Per Sq FT Rank
16% lower than average

Compared to other properties in NE8 1YL , this flat's estimated value ranks 20th out of 28. Based on price per square foot, it ranks 21th out of 28 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 8th out of 28 properties in its postcode area.

Sale History

Today
£66,593
streetscan.co.uk estimate
+59 %
8 Aug 2003
£42,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 4
size: 766 sq ft
sale price: £80,000
sale date: 28 Jul 2022
rooms: 4
size: 721 sq ft
sale price: £63,000
sale date: 2 Aug 2021
rooms: 4
size: 732 sq ft
sale price: £35,000
sale date: 30 Jan 2019
rooms: 3
size: 743 sq ft
sale price: £72,000
sale date: 13 Oct 2017
rooms: 4
size: 710 sq ft
sale price: £55,000
sale date: 3 Apr 2017

Data Sources

The property at 17 Balfour Street, Gateshead, Tyne And Wear, NE8 1YL appears once in the Land Registry records, with the transaction recorded on 8 Aug 2003. It also has a single Energy Performance Certificate (EPC) from 19 May 2014. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.