10, BEDE WAY, BIRTLEY, CHESTER LE STREET, DH3 2BF - £153,000

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.

10 BEDE WAY is a very small semi-detached house of 81m², which could now be worth an estimated £191,380. It was last sold for £153,000 in June 2020, which was around 11% above the average June 2020 semi-detached price in the Gateshead local authority area. The most recent EPC inspection was March 2019, where the current energy rating was B, and the potential energy rating was A.

10 BEDE WAY Sold Prices

Land registry data shows two sales for 10 BEDE WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Gateshead local authority area for the corresponding sale date. Both of the two 10 BEDE WAY 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
2020 17 JUN	£153,000	£137,974	11% above HPI
2015 1 MAY	£290,000	£126,229	130% above HPI

10 BEDE WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Gateshead local authority area over time, sourced from the HPI. The two 10 BEDE WAY sales from May 2015 and June 2020 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 May 2015 sale was for 130% above the HPI. So the extrapolation line tracks at 130% above the HPI over time, until the June 2020 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 10 BEDE WAY be worth now?

10 BEDE WAY might now be worth an estimated £191,380.

This is based on house price inflation of 25.1%, between June 2020 and June 2025, for semi-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 25.1% inflationary increase is applied to the most recent sale price for 10 BEDE WAY of £153,000 on 17th June 2020. For the value to have increased from £153,000 to £191,380 over the five years to June 2025, the following assumptions must hold true:

• The value of 10 BEDE WAY has moved in line with the HPI for semi-detached houses in the Gateshead local authority area.
• The June 2020 sale price of £153,000 represented a fair market value for the property.
• The size, condition, and specification of 10 BEDE WAY has not materially changed since June 2020.

How Large is 10 BEDE WAY?

10 BEDE WAY is 81m² according to the EPC inspection conducted in March 2019. This puts it in the smallest 20% of semi-detached houses houses in Birtley, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Birtley, and where 10 BEDE WAY lies on this distribution: 11% of semi-detached houses houses are smaller than 10 BEDE WAY, and 89% of houses are larger. Note that EPC data is not available for all properties in Birtley.

10 BEDE WAY: Plot and Title Map

10 BEDE WAY sits on a plot of roughly 0.043 of an acre, or 173m². The below map shows the location of 10 BEDE WAY, 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 10 BEDE WAY). 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 10 BEDE WAY?

10 BEDE WAY is located in BIRTLEY, in the DH3 postcode district. The below map shows the position of No. 10 on BEDE WAY.