2, ALBION STREET, GATESHEAD, NE10 9SJ - £220,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

2 ALBION STREET is a large detached house of 129m². It was last sold for £220,000 in October 2021, which was around 15% below the average October 2021 detached price in the Gateshead local authority area. The most recent EPC inspection was July 2013, where the current energy rating was B, and the potential energy rating was B.

2 ALBION STREET Sold Prices

Land registry data shows two sales for 2 ALBION STREET since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Gateshead local authority area for the corresponding sale date. Both of the two 2 ALBION STREET sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2021 8 OCT	£220,000	£257,830	15% below HPI
2017 28 SEP	£179,950	£226,985	21% below HPI

2 ALBION STREET Price Paid vs. HPI Average

The below graph shows the average detached house price in the Gateshead local authority area over time, sourced from the HPI. The two 2 ALBION STREET sales from September 2017 and October 2021 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the September 2017 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the October 2021 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 2 ALBION STREET?

2 ALBION STREET is 129m² according to the EPC inspection conducted in July 2013. This puts it in the largest 30% of detached houses in Gateshead, based on EPC data. The below chart shows the distribution of detached houses by size in Gateshead, and where 2 ALBION STREET lies on this distribution: 75% of detached houses are smaller than 2 ALBION STREET, and 25% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

2 ALBION STREET: Plot and Title Map

2 ALBION STREET sits on a plot of roughly 0.054 of an acre, or 221m². The below map shows the location of 2 ALBION STREET, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 2 ALBION STREET). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 2 ALBION STREET?

2 ALBION STREET is located in GATESHEAD, in the NE10 postcode district. The below map shows the position of No. 2 on ALBION STREET.