4, Balmoral Way
4, Balmoral Way
Description & Estimates
4, Balmoral Way, Gateshead is recorded publicly as a modern freehold house across 742 ft2 of internal area, sitting on a 600 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 4, Balmoral Way, Gateshead is £198,773 and its rental estimate is £1,106 per month, given the available information and assuming reasonable condition.
Balmoral Way, Felling, Gateshead, NE10 falls within the NE10 postal district, in the borough of Gateshead.
Our Data Sources
4, Balmoral Way, Gateshead has 31 entries in the Land Registry , most recently in January 2023 and a single entry in the EPC database dated July 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 4, Balmoral Way, Gateshead, we estimate a market value of £208,712 and a rental value of £1,162 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £184,859 and £1,029 per month respectively.
Recent Market Change
Over the last year, 4, Balmoral Way, Gateshead has seen its estimated sale value move up by £2,543 (1.3%) and its estimated rental value increase by £44 per month (3.9%). This results in an estimated gross rental yield of 6.7%.
Plot Size
HM Land Registry records the plot of land for 4, Balmoral Way, Gateshead as measuring 600 m2.
That makes it the 3rd largest plot in the postcode, where all 33 other houses have recorded plot data.
Energy Efficiency
4, Balmoral Way, Gateshead has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 16 Jul 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 4, Balmoral Way, Gateshead completed on 13th January 2023 at £200,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 30.6% over the period since January 2023.
- Sold Jan 2023£200,000
- Sold Apr 2006£142,000
- Sold Sep 1997£57,950
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 4, Balmoral Way, Gateshead have sold within a radius of 480 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 14th December 2018, was 8, Ellerton Way, Gateshead, NE10 9TF, a freehold house which sold for £135,000.
Read more about house prices in NE10.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 33 addresses on Balmoral Way, Felling, Gateshead, NE10, 4, Balmoral Way, Gateshead comes out as the 8th largest and the 2nd most expensive in our analysis of the public data.
It is also £36k more expensive than the average property across the NE10 district.
More reading links
Schools Nearby
- 300mFalla Park Community Primary School
- 400mCarr Hill Community Primary School
- 900mBrandling Primary School
- 1.1kmXP Gateshead
- 1.4kmCardinal Hume Catholic School, Gateshead
- 1.7kmHeworth Grange School
More reading links
Public Transport Nearby
From 4, Balmoral Way, Gateshead, the nearest station is Heworth, 1.5 kilometres away.
- 1.5kmHeworth
- 3.3kmManors
- 3.4kmNewcastle
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
