4, BALMORAL WAY, FELLING, GATESHEAD, NE10 9TR - £200,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

4 BALMORAL WAY is a very small detached house of 69m², built sometime between 1983 and 1990, which could now be worth an estimated £205,219. It was last sold for £200,000 in January 2023, which was around 27% below the average January 2023 detached price in the Gateshead local authority area. The most recent EPC inspection was July 2022, where the current energy rating was D, and the potential energy rating was B.

4 BALMORAL WAY Sold Prices

Land registry data shows three sales for 4 BALMORAL WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Gateshead local authority area for the corresponding sale date. All of the three 4 BALMORAL WAY 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
2023 13 JAN	£200,000	£273,860	27% below HPI
2006 13 APR	£142,000	£199,527	29% below HPI
1997 2 SEP	£57,950	£77,727	25% below HPI

4 BALMORAL WAY 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 three 4 BALMORAL WAY sales between September 1997 and January 2023 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 April 2006 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the January 2023 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 4 BALMORAL WAY be worth now?

4 BALMORAL WAY might now be worth an estimated £205,219.

This is based on house price inflation of 2.6%, between January 2023 and February 2025, for detached houses, in the Gateshead local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2.6% inflationary increase is applied to the most recent sale price for 4 BALMORAL WAY of £200,000 on 13th January 2023. For the value to have increased from £200,000 to £205,219 over the one year and eleven months to February 2025, the following assumptions must hold true:

• The value of 4 BALMORAL WAY has moved in line with the HPI for detached houses in the Gateshead local authority area.
• The January 2023 sale price of £200,000 represented a fair market value for the property.
• The size, condition, and specification of 4 BALMORAL WAY has not materially changed since January 2023.

How Large is 4 BALMORAL WAY?

4 BALMORAL WAY is 69m² according to the EPC inspection conducted in July 2022. This puts it in the smallest 10% of detached houses houses in Gateshead, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gateshead, and where 4 BALMORAL WAY lies on this distribution: 7% of detached houses houses are smaller than 4 BALMORAL WAY, and 92% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

4 BALMORAL WAY: Plot and Title Map

4 BALMORAL WAY sits on a plot of roughly 0.148 of an acre, or 600m². The below map shows the location of 4 BALMORAL WAY, 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 4 BALMORAL WAY). 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 4 BALMORAL WAY?

4 BALMORAL WAY is located in FELLING, in the NE10 postcode district. The below map shows the position of No. 4 on BALMORAL WAY.