Official RICS valuation for your equity loan - from £250








If you purchased your property through the Help to Buy Equity Loan scheme, you will eventually need a formal valuation to redeem your loan or to sell on the open market. Our RICS registered valuers provide official Help to Buy valuations across Gateshead that meet all government and lender requirements. We understand the local market intimately, from the Victorian terraces of Low Fell to the new developments along the Quayside.
Gateshead's housing market has shown steady growth with prices increasing by 1.62% over the last 12 months. Whether you own a modern property in one of the new estates like Oakhill or Regent's Park, or a traditional terraced house in the town centre, our valuers have the local expertise to provide an accurate assessment. We serve the entire Gateshead area including NE8, NE9, NE10, NE11 and surrounding postcodes.
Since the Help to Buy Equity Loan scheme closed to new applicants in October 2022, thousands of existing borrowers across Gateshead are now reaching the stage where they need to redeem their equity loans. Whether your property is in the regenerating Quayside area, the historic Conservation Areas like Saltwell Park and Low Fell, or the suburban estates of Birtley and Whickham, our valuers understand what drives property values in each locale and can provide the official valuation you need.

£179,219
Average House Price
+1.62%
12-Month Price Change
2,136
Properties Sold (12 months)
196,154
Population (2021 Census)
Using listing data from home.co.uk and property data from homedata.co.uk
Our Help to Buy valuations in Gateshead are carried out by RICS registered valuers who compare your home with live market evidence in its own patch, not just the wider borough. That matters here. Gateshead’s housing ranges from red brick Victorian and Edwardian terraces in Saltwell and Low Fell to newer homes at The Rise off Askew Road, Oakhill on Whickham Highway and Regent's Park, and our assessment reflects those differences.
Local ground conditions can make a real difference to value in Gateshead. Around the Team Valley, and in spots close to mature trees, clay-rich glacial till can bring a moderate shrink-swell risk for foundations. Parts of the borough also carry a coal mining legacy, so our valuers look carefully for any signs linked to ground stability, especially in areas such as Birtley and Whickham where that history can be more noticeable.
The report is prepared to meet Homes England requirements, with Homes England being the government body responsible for the Help to Buy scheme, and it is accepted by participating lenders. You may be redeeming your equity loan, remortgaging or selling the property. In each case, our official report gives the market valuation needed, using the specific Homes England valuation form and including the required property details and market evidence.
For Gateshead valuations, our team works from recent sales in the immediate neighbourhood, current supply and demand, and the features of the property itself. That local reading is important because prices can shift sharply from one street to the next, particularly where there is a mix of period housing and newer development.
Source: Market data 2024-2025
We value homes right across Gateshead’s different neighbourhoods. On the Quayside, that can mean contemporary flats with river views. In Saltwell Park and Low Fell, it may be period homes within historic Conservation Areas. The Baltic Centre for Contemporary Art and Sage Gateshead have also helped build a creative and digital cluster along the Quayside, with a positive effect on values in nearby developments.
Several local employers and amenities support the Gateshead market. The Queen Elizabeth Hospital is one of the largest employers in the region, the Metrocentre shopping complex remains a major draw, and the digital and creative sectors around the Baltic and Sage Gateshead continue to add demand. Road links via the A1 and A19 trunk roads help too, as does the Metrocentre’s status as one of Europe’s largest shopping and leisure centres.
Our valuers know the main Help to Buy new-build sites in the area, including The Rise off Askew Road, developed by Vistry Partnerships in partnership with Gateshead Council, Oakhill on Whickham Highway by Bellway Homes, Regent's Park by Persimmon Homes, and Birtley Green by Miller Homes. For homes on these developments, we consider the scheme itself, the construction standard and how the property sits against the wider Gateshead market.
A Quayside apartment, a newer family home on an estate, a Victorian terrace in Low Fell or Saltwell, each needs a valuation grounded in the local market. Our Gateshead team provides an accurate, reliable report that meets Homes England requirements.
Book through our online system by choosing the date and time that works for you, or call our team if you prefer. We confirm the appointment within hours, send the details for the valuation visit and offer flexible appointment times around your schedule.
At the visit, our qualified valuer inspects your Gateshead property in person. They measure the accommodation, record condition, review the layout, note any value-affecting features and take photographs for the report. Most inspections take 30-60 minutes, depending on the size and complexity of the property.
Your formal RICS Help to Buy valuation report is normally sent digitally within 3-5 working days of the inspection. This is the document Homes England and your lender need for an equity loan redemption or property sale. If timing is tight, we can also arrange an expedited service.
Although the Help to Buy Equity Loan scheme closed to new applicants in October 2022, existing equity loan borrowers still need a formal valuation when redeeming the loan or selling. Our valuations are accepted by Homes England and all major lenders involved in the scheme. The valuation must be completed by a RICS registered valuer and set out on the specific form required by Homes England.
Some Gateshead properties come with area-specific issues, and our valuers keep those in mind during the assessment. Clay-rich glacial till can create moderate shrink-swell risk, particularly through very wet or very dry weather. It is especially relevant where mature trees sit close to foundations, including leafy parts of Low Fell and the streets around Saltwell Park. We visually check for external signs of movement, such as cracking to brickwork, where that could affect market value.
Past coal mining is another part of the Gateshead picture. Deep mining has largely ceased, but older workings can still leave questions over ground stability in some locations. Where a property sits in an area historically linked with mining, particularly parts of the borough closest to former collieries, our valuers record visible signs that may point to mining-related movement or historic mining features.
Flood risk is considered as part of the local market assessment, particularly near the River Tyne and River Team valleys. Low-lying land close to these rivers can be exposed to fluvial flooding. In heavy rainfall, surface water flooding can also affect some urban parts of Gateshead, so we take account of location, proximity to watercourses and any visible flood mitigation measures.
Older Gateshead homes often show familiar defects. Damp can appear as rising damp, penetrating damp or condensation, while roofs may have worn slate or tile coverings and problems with lead flashing. Timber defects such as rot and woodworm are also common, and properties built before the late 1990s may contain asbestos-containing materials. Any significant issue seen during the inspection is noted where it may influence market value.
A Help to Buy valuation report is a formal document giving the official market value of your property for Homes England equity loan redemption. It includes our inspection findings, comparable market evidence from the local Gateshead area and the valuer’s professional opinion of the current market value.
Homes England requires a particular report format, and it is not the same as a standard mortgage valuation or building survey. This is the document used to work out how much must be paid to redeem the equity loan, either during an open market sale or as part of a remortgage. Our valuers know the required format and complete it correctly first time, helping to avoid delays in the redemption process.
If the property has fallen in value since you bought it through Help to Buy, the repayment position can be difficult. The valuation fixes the current market value, then Homes England applies your original equity share percentage to that current figure. Our Gateshead valuations are realistic, evidence-led and based on current market conditions.

Brick construction, often red brick, is a strong feature of Gateshead’s housing stock and reflects both the area’s industrial past and North East of England building practice. Most properties built since 1900 use cavity wall construction with a brick outer leaf. Older Victorian and Edwardian homes may have solid brick walls, while some modern schemes use timber frame with brick or rendered finishes, all of which we consider in the valuation.
The borough’s housing mix is weighted towards terraced houses at 38.6%, followed by semi-detached homes at 33.6%, flats at 19.3% and detached houses at 7.6%. That mix produces a varied market, with value shaped by property type, location and condition. Conservation areas such as Low Fell and Saltwell Park add another layer, as their protections help preserve historic character and can support values.
Across Gateshead, pitched roofs with slate or concrete tiles are typical, while flat roofs are often found on extensions and some apartment blocks. Traditional strip foundations are common, although newer builds may use raft or piled foundations where ground conditions call for them. Our valuers understand these construction methods and how buyers in the local market respond to them.
A Help to Buy valuation is the formal property assessment Homes England requires when you redeem an equity loan or sell the property. It must be completed by a RICS registered valuer and it gives the official market value used to calculate any repayment due on the government loan. The valuation is prepared on the specific Homes England form, is separate from a standard mortgage valuation or building survey, and is the only valuation type accepted for Help to Buy equity loan redemption.
In Gateshead, Help to Buy valuations usually cost between £250 and £450, depending on the property type and size. Larger detached homes, including those on developments such as Oakhill, or properties with more complex features, can sit towards the higher end of that range. Quayside flats and traditional terraced houses in Saltwell and Low Fell are usually nearer the lower end, although the exact fee depends on the property’s characteristics and the complexity of the valuation.
The inspection itself normally takes between 30 minutes and an hour, with the exact time depending on size and complexity. We send the formal report digitally to your email address within 3-5 working days of the inspection. Faster turnaround can be arranged at booking if you need the valuation sooner.
Please make the property accessible so our valuer can inspect all rooms, the roof space if accessible and the exterior boundaries. Clearing loft access in advance is helpful, as is making sure no parts of the property are blocked off. Previous survey reports, planning permissions or warranty certificates can be useful to have nearby, though they are not essential. The valuer will also need to take measurements.
No. A Help to Buy valuation is a specific Homes England valuation and must be carried out by a RICS registered valuer using the required valuation form. A RICS Level 2 or Level 3 survey, a standard building survey or a mortgage valuation will not meet the scheme rules. You need a dedicated Help to Buy valuation to redeem the equity loan or move ahead with a sale.
If the property is worth less than when you bought it, the Help to Buy calculation is still based on the current market value. The valuation sets that figure, and Homes England then applies your original equity share percentage to it. So, if you borrowed 20% through Help to Buy, you repay 20% of the current market value, even where that is below the original purchase price.
We cover the full Gateshead borough, including postcode areas NE8, NE9, NE10, NE11 and the surrounding areas. That includes the town centre, Low Fell, Saltwell, Whickham, Birtley, Felling, Rowlands Gill and the Quayside developments. Our valuers work locally and know property values across these neighbourhoods in detail.
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Official RICS valuation for your equity loan - from £250
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Homemove is a trading name of HM Haus Group Ltd (Company No. 13873779, registered in England & Wales). Homemove Mortgages Ltd (Company No. 15947693) is an Appointed Representative of TMG Direct Limited, trading as TMG Mortgage Network, which is authorised and regulated by the Financial Conduct Authority (FRN 786245). Homemove Mortgages Ltd is entered on the FCA Register as an Appointed Representative (FRN 1022429). You can check registrations at NewRegister or by calling 0800 111 6768.