4, HAZEL ROAD, GATESHEAD, NE8 2EP - £139,000

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.

4 HAZEL ROAD is a detached house, which could now be worth an estimated £214,808. It was last sold for £139,000 in February 2005, which was around 28% below the average February 2005 detached price in the Gateshead local authority area.

4 HAZEL ROAD Sold Prices

Land registry data shows two sales for 4 HAZEL ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Gateshead local authority area for the corresponding sale date. Both of the two 4 HAZEL ROAD sales were for below 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
2005 11 FEB	£139,000	£191,744	28% below HPI
2002 16 AUG	£85,950	£115,512	26% below HPI

What might 4 HAZEL ROAD be worth now?

4 HAZEL ROAD might now be worth an estimated £214,808.

This is based on house price inflation of 54.5%, between February 2005 and May 2026, 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 54.5% inflationary increase is applied to the most recent sale price for 4 HAZEL ROAD of £139,000 on 11th February 2005. For the value to have increased from £139,000 to £214,808 over the twenty years and nine months to May 2026, the following assumptions must hold true:

• The value of 4 HAZEL ROAD has moved in line with the HPI for detached houses in the Gateshead local authority area.
• The February 2005 sale price of £139,000 represented a fair market value for the property.
• The size, condition, and specification of 4 HAZEL ROAD has not materially changed since February 2005.

Where is 4 HAZEL ROAD?

4 HAZEL ROAD is located in GATESHEAD, in the NE8 postcode district.