7, Balfour Street
7, Balfour Street
Description & Estimates
7, Balfour Street, Gateshead is recorded publicly as a period leasehold apartment across 688 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 7, Balfour Street, Gateshead is £73,533 and its rental estimate is £599 per month, given the available information and assuming reasonable condition.
Balfour Street, Gateshead, NE8 falls within the NE8 postal district, in the borough of Gateshead.
Our Data Sources
7, Balfour Street, Gateshead has 2 entries in the Land Registry , most recently in May 2016 and a single entry in the EPC database dated May 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 7, Balfour Street, Gateshead, we estimate a market value of £77,210 and a rental value of £629 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £68,386 and £557 per month respectively.
Recent Market Change
Over the last year, 7, Balfour Street, Gateshead has seen its estimated sale value rise by £721 (1.0%) and its estimated rental value move up by £17 per month (2.8%). This results in an estimated gross rental yield of 9.8%.
Energy Efficiency
7, Balfour Street, Gateshead has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 02 May 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 7, Balfour Street, Gateshead completed on 26th May 2016 at £79,950 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 13.6% over the period since May 2016.
- Sold May 2016£79,950
- Sold May 2011£72,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 7, Balfour Street, Gateshead have sold within a radius of 360 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 30th March 2026, was 40, Curzon Street, Gateshead, NE8 1YD, a leasehold flat which sold for £71,500.
Read more about house prices in NE8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 43 addresses on Balfour Street, Gateshead, NE8, 7, Balfour Street, Gateshead comes out as the 35th largest and the 35th most expensive in our analysis of the public data.
It is also £64k less expensive than the average property across the NE8 district.
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Schools Nearby
- 100mBrighton Avenue Primary School
- 400mCorpus Christi Catholic Primary School, Gateshead
- 400mKelvin Grove Community Primary School
- 1.6kmNorth East Futures UTC
- 2.6kmKingsmeadow Community School
- 2.6kmGrace College
More reading links
Public Transport Nearby
From 7, Balfour Street, Gateshead, the nearest station is Newcastle, 1.8 kilometres away.
- 1.8kmNewcastle
- 1.8kmDunston
- 2.3kmManors
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
