7, ALBION STREET, GATESHEAD, NE10 9SJ - £320,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

7 ALBION STREET is a large detached house of 132m², built sometime between 1996 and 2002. It was last sold for £320,000 in January 2018, which was around 40% above the average January 2018 detached price in the Gateshead local authority area. The most recent EPC inspection was September 2010, where the current energy rating was C, and the potential energy rating was C.

7 ALBION STREET Sold Prices

Land registry data shows three sales for 7 ALBION STREET 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 7 ALBION STREET sales were for above 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
2018 5 JAN	£320,000	£227,848	40% above HPI
2007 18 OCT	£325,000	£228,710	42% above HPI
2002 22 MAR	£135,000	£98,377	37% above HPI

7 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 three 7 ALBION STREET sales between March 2002 and January 2018 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 October 2007 sale was for 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the January 2018 sale, where it falls to 40% above the HPI. The line then continues to track at 40% above the HPI.

How Large is 7 ALBION STREET?

7 ALBION STREET is 132m² according to the EPC inspection conducted in September 2010. 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 7 ALBION STREET lies on this distribution: 77% of detached houses are smaller than 7 ALBION STREET, and 23% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

7 ALBION STREET: Plot and Title Map

7 ALBION STREET sits on a plot of roughly 0.143 of an acre, or 577m². The below map shows the location of 7 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 7 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 7 ALBION STREET?

7 ALBION STREET is located in GATESHEAD, in the NE10 postcode district. The below map shows the position of No. 7 on ALBION STREET.