5, Balmoral Way
5, Balmoral Way
Description & Estimates
Public records show 5, Balmoral Way, Gateshead to be a modern freehold house with 703 ft2 of internal area, sitting on a 634 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
5, Balmoral Way, Gateshead has an estimated sale value of £194,076 and an estimated rental value of £1,092 per month, assuming reasonable condition and based on the information available.
Balmoral Way, Felling, Gateshead, NE10 lies in the borough of Gateshead, within the NE10 postal district.
Our Data Sources
5, Balmoral Way, Gateshead has a single entry in the Land Registry from May 2014 and a single entry in the EPC database dated July 2011.
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
In very good condition, we estimate 5, Balmoral Way, Gateshead would be worth £203,779, with a potential rental value of £1,147 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £180,490, with a rental value of £1,016 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 5, Balmoral Way, Gateshead has increased by £2,483 (1.3%) over the last year. During the same period, its estimated monthly rental value has grown by £43 (3.9%). The property's estimated gross yield is currently 6.8%.
Plot Size
5, Balmoral Way, Gateshead occupies a 634 m2 plot as recorded by HM Land Registry.
All 33 other houses in this postcode have recorded plot sizes, and this one ranks as the 2nd largest.
Energy Efficiency
5, Balmoral Way, Gateshead has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 11 Jul 2011.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
5, Balmoral Way, Gateshead last changed hands on 16th May 2014, selling for £135,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 63.1% since May 2014.
- Sold May 2014£135,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 480 metres of 5, Balmoral Way, Gateshead across the last 2 years.
Most recently, 4, Balmoral Way, Gateshead, NE10 9TR, a freehold house, sold at £200,000 on the 13th January 2023.
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
Our analysis of the public data ranks 5, Balmoral Way, Gateshead as the 12th largest and the 3rd most expensive of the 33 addresses on Balmoral Way, Felling, Gateshead, NE10.
Against the NE10 postcode district average, it is £32k more expensive than the typical property.
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
Heworth station is the nearest stop to 5, Balmoral Way, Gateshead at 1.5 kilometres away.
- 1.5kmHeworth
- 3.3kmManors
- 3.4kmNewcastle
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
