8 Balfour Street, Gateshead, NE8 1YL is a leasehold flat built between 1900-1929. The property offers approximately 732 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 £40,125 , which equates to approximately £55 per square foot. It was last sold on 30 Jan 2019 for £35,000. Since then, the value has increased by £5,125, representing a 14.6% increase, or approximately 2.1% per year.

The current estimated value of £40,125 is:

  • 46.9% lower than the average property price on Balfour Street
  • 48.8% lower than the average in the NE8 1YL postcode area
  • and 77.3% lower than the average price for Gateshead as a whole

At the most recent EPC inspection on 15 January 2019, the property was recorded as owner-occupied.

View sold house prices in NE8 1YL

Building approximate location

About Property

Type
Flat
Built
1900-1929
Interior Size
732 sq ft
Tenure
Leasehold
Price (estimate)
£40,125
Price Per sq ft (estimate)
£55
Bedroom Count (estimate)
2 bedrooms

EPC Summary

8 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 15 Jan 2019.

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 main heating system. The windows are fully double glazed.

Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 14% of fixed outlets
Poor

Compared to NE8 1YL

27 th / 28
Price Rank
49% lower than average
15 th / 28
Size Rank
3% smaller than average
26 th / 28
Price Per Sq FT Rank
47% lower than average

Compared to other properties in NE8 1YL , this flat's estimated value ranks 27th out of 28. Based on price per square foot, it ranks 26th 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 15th out of 28 properties in its postcode area.

Sale History

Today
£40,125
streetscan.co.uk estimate
+15 %
30 Jan 2019
£35,000
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: 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
rooms: 3
size: 797 sq ft
sale price: £52,000
sale date: 3 Apr 2017

Data Sources

The property at 8 Balfour Street, Gateshead, Tyne And Wear, NE8 1YL appears once in the Land Registry records, with the transaction recorded on 30 Jan 2019. It also has a single Energy Performance Certificate (EPC) from 15 Jan 2019. 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.