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541 The Esplanade, Gateshead, Tyne And Wear, NE8 3QQ

How much is 541 The Esplanade, Gateshead, Tyne And Wear, NE8 3QQ worth?

Estimated value — November 2026

£61,000

Likely range £42,000 – £80,000Four in five similar homes sold within their range when we tested it.

Latest recorded sale March 1997

32%

confidence

Low

Typically within 17% of the sale price

Property details

Flat / Maisonette

Gateshead · NE8 3QQ

Address

District
Gateshead
County
Tyne and Wear
See house prices in NE8 →

Value over time

  • Modelled value
  • Projected
  • Likely range (80%)
  • Today's estimate
£0£20k£40k£60k£80k£100k20002002200420062008201020122014201620182020202220242026£61,000

Drawn through each of this property's recorded sales and ending at today's estimate, with the UK House Price Index for its area and property type filling in the months between. The shaded band is where four in five prices fell when we tested this line against real sales of similar homes; it widens the further a month is from a recorded sale, and today it matches the likely range above.

View as a table
Modelled value at the end of each year, with any recorded sales
YearModelled valueLikely range
2000£18,702£15,688 – £21,909
2001£20,938£17,320 – £24,747
2002£26,395£21,538 – £31,461
2003£38,605£31,140 – £46,176
2004£45,768£36,539 – £54,924
2005£50,456£39,816 – £60,842
2006£54,057£42,085 – £65,677
2007£59,750£45,949 – £73,024
2008£50,815£38,624 – £62,615
2009£48,375£36,567 – £60,001
2010£47,772£35,886 – £59,720
2011£44,848£33,504 – £56,574
2012£45,183£33,576 – £57,235
2013£45,433£37,375 – £53,491
2014£47,418£38,506 – £56,330
2015£47,828£38,333 – £57,323
2016£49,890£39,457 – £60,323
2017£51,936£40,525 – £63,347
2018£52,811£40,649 – £64,973
2019£49,698£37,726 – £61,670
2020£52,383£39,210 – £65,556
2021£55,236£40,761 – £69,711
2022£59,856£43,536 – £76,176
2023£59,905£42,938 – £76,872
2024£60,237£42,538 – £77,936
2025£60,305£41,947 – £78,663
2026£61,000£42,000 – £80,000

Sale history

1997Sold
£16,000
2026Today — estimated
+281%£61,000

Mortgage calculator

£327

Estimated monthly repayment

£54,900

Loan amount

£62,961

Total interest

£117,861

Total repayable

A guide only, based on a capital repayment mortgage held at a constant interest rate for the full term. Not a mortgage offer or financial advice.

About this property

541 The Esplanade, Gateshead, Tyne And Wear, NE8 3QQ is a flat in Gateshead, Tyne and Wear (NE8). Stede's estimated value for November 2026 is £61,000. Four in five similar homes sold within their likely range when tested; for this property that range is £42,000 to £80,000. It combines its own last sale brought up to date with the House Price Index (75%) and recent sales of 76 similar homes in the same postcode sector (25%). The confidence score is 32 out of 100 (low): estimates like this one are typically within 17% of the eventual sale price.

It last sold in March 1997 for £16,000. The current estimate is 281% higher than that price. The current owner has held it for about 29 years.

The modelled value is up 1% over the past year and up 8% over the past five years.

Common questions

How much is 541 The Esplanade, Gateshead, Tyne And Wear, NE8 3QQ worth?

Stede estimates 541 The Esplanade, Gateshead, Tyne And Wear, NE8 3QQ is worth £61,000 as of November 2026, within a likely range of £42,000 to £80,000. The estimate is generated automatically from recorded sale prices of this and similar nearby homes and the UK House Price Index, and is not a formal valuation.

When did 541 The Esplanade, Gateshead, Tyne And Wear, NE8 3QQ last sell?

It last sold in March 1997 for £16,000.

What type of property is 541 The Esplanade, Gateshead, Tyne And Wear, NE8 3QQ?

It is recorded as a Flat / Maisonette in the NE8 postcode area.

How reliable is this estimate?

The confidence score is 32 out of 100 (low). Tested against real sales of similar homes, estimates like this one are typically within 17% of the sale price, and four in five sold within their likely range. The figure is a data model, not a RICS valuation or Home Report, and should not be used for mortgage or legal decisions.

How does Stede calculate this estimate?

It combines its own last sale brought up to date with the House Price Index (75%) and recent sales of 76 similar homes in the same postcode sector (25%). Each piece of evidence gets the share that proved most accurate when tested against real sales of similar homes, and the same testing sets the likely range and confidence. Full detail is on the methodology page.

How we got this figure

We weighed the evidence below, giving each piece the share that proved most accurate when we tested it against real sales of similar homes. The likely range and confidence come from testing the same method against 2,433 real sales of similar homes.

  • Its sale in March 1997, brought up to today with the House Price Index£49,27375%
  • 76 similar homes sold recently in the same postcode sector£95,96925%

Estimate £61,000, likely £42,000 – £80,000

Read the full methodology and data sources →