According to the public record, 9, Balmoral Way, Gateshead is a leasehold house.
By comparing it to neighbours, we estimate that it is a modern house with 949 ft2 of internal area and sits on a 268 m2 plot and a garden.
Houses of this size in this area normally have 3 bedrooms.
Balmoral Way, Felling, Gateshead, NE10 is located in the borough of Gateshead within the NE10 postal district.
9, Balmoral Way, Gateshead has 2 entries in the Land Registry database, most recently in March 2008 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 9 Balmoral Way Gateshead as £192,603 and the rental value as £1,054 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of 9 Balmoral Way Gateshead has increased by £6,978 (3.6%) and its rental value has increased by £114 per month (10.8%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 9, Balmoral Way, Gateshead is in very good condition we estimate a sale value of £202,234 and rental value of £1,107 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £179,121 and a rental value of £980 per month.
If you were able to purchase this property for the estimated value of £192,603, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £947 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 9, Balmoral Way, Gateshead sits on a plot of 268m2.
We have plot size data on 18 out of 33 other houses in the postcode and 9, Balmoral Way, Gateshead sits on the 9th largest plot.
According to HM Land Registry, 9, Balmoral Way, Gateshead was last sold on 12 Mar 2008 for £160,000 and was recorded as a leasehold house.
The property has had 2 sales since 1995.
Since Mar 2008, the market for similar properties has risen 18.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 9, Balmoral Way, Gateshead within a radius of 480 metres over the last 2 years.
The most recent example is Tynelea, Nursery Lane, Gateshead, NE10 9TE, a Freehold house which sold for £159,950 in Oct 2023.
Read more about house prices in NE10.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Balmoral Way, Felling, Gateshead, NE10 has a total of 33 addresses. According to our analysis of all the public data, 9, Balmoral Way, Gateshead is the largest and the most expensive property on the street.
When compared to the postcode district it is £36k more expensive than the average property in NE10.
The closest station to 9, Balmoral Way, Gateshead is Heworth station which is 1.5 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 9, Balmoral Way, Gateshead, 37.9% of property is privately owned with a mortgage and 30.7% is privately owned outright.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 9, Balmoral Way, Gateshead, 14.6% of residents are recorded as possessing school level qualifications and 29.8% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 9, Balmoral Way, Gateshead, the average age was 37.2 and the most common age was 7.
The graph below shows how this compares to North East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 9, Balmoral Way, Gateshead, 0.0% of property was a second home.
Comparison figures for North East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 9, Balmoral Way, Gateshead, there are an average of 1.1 cars per household.
See below for how this compares to North East and the rest of England & Wales.