BELMONT, FELLSIDE AVENUE, SUNNISIDE, NEWCASTLE UPON TYNE, NE16 5NL - £241,000

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.

BELMONT is a small extended detached house of 105m², built sometime between 1950 and 1966, which could now be worth an estimated £283,374. It was last sold for £241,000 in November 2018, which was around 1% above the average November 2018 detached price in the Gateshead local authority area. The most recent EPC inspection was April 2011, where the current energy rating was E, and the potential energy rating was D.

BELMONT Sold Prices

Land registry data shows four sales for BELMONT since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Gateshead local authority area for the corresponding sale date. Most of the four BELMONT 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 23 NOV	£241,000	£238,986	1% above HPI
2017 4 AUG	£170,000	£226,064	25% below HPI
2007 4 MAY	£300,000	£218,059	38% above HPI
2004 17 NOV	£195,000	£186,840	4% above HPI

BELMONT 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 four BELMONT sales between November 2004 and November 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 August 2017 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the November 2018 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might BELMONT be worth now?

BELMONT might now be worth an estimated £283,374.

This is based on house price inflation of 17.6%, between November 2018 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 17.6% inflationary increase is applied to the most recent sale price for BELMONT of £241,000 on 23rd November 2018. For the value to have increased from £241,000 to £283,374 over the seven years and nine months to February 2025, the following assumptions must hold true:

• The value of BELMONT has moved in line with the HPI for detached houses in the Gateshead local authority area.
• The November 2018 sale price of £241,000 represented a fair market value for the property.
• The size, condition, and specification of BELMONT has not materially changed since November 2018.

How Large is BELMONT?

BELMONT is 105m², which includes one extension, according to the EPC inspection conducted in April 2011. This puts it in the smallest 40% of detached houses houses in Sunniside, based on EPC data. The below chart shows the distribution of detached houses houses by size in Sunniside, and where BELMONT lies on this distribution: 37% of detached houses houses are smaller than BELMONT, and 63% of houses are larger. Note that EPC data is not available for all properties in Sunniside.

BELMONT: Plot and Title Map

BELMONT sits on a plot of roughly 0.108 of an acre, or 439m². The below map shows the location of BELMONT, 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 BELMONT). 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 BELMONT?

BELMONT is located on FELLSIDE AVENUE in SUNNISIDE, in the NE16 postcode district. The below map shows the position of BELMONT on FELLSIDE AVENUE.