8, HAZEL ROAD, GATESHEAD, NE8 2EP - £125,000

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.

8 HAZEL ROAD is a detached house, which could now be worth an estimated £218,101. It was last sold for £125,000 in March 2004, which was around 25% below the average March 2004 detached price in the Gateshead local authority area.

8 HAZEL ROAD Sold Prices

Land registry data shows two sales for 8 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 8 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
2004 22 MAR	£125,000	£167,032	25% below HPI
2002 26 JUL	£68,950	£113,920	39% below HPI

What might 8 HAZEL ROAD be worth now?

8 HAZEL ROAD might now be worth an estimated £218,101.

This is based on house price inflation of 74.5%, between March 2004 and March 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 74.5% inflationary increase is applied to the most recent sale price for 8 HAZEL ROAD of £125,000 on 22nd March 2004. For the value to have increased from £125,000 to £218,101 over the 22 years to March 2026, the following assumptions must hold true:

• The value of 8 HAZEL ROAD has moved in line with the HPI for detached houses in the Gateshead local authority area.
• The March 2004 sale price of £125,000 represented a fair market value for the property.
• The size, condition, and specification of 8 HAZEL ROAD has not materially changed since March 2004.

Where is 8 HAZEL ROAD?

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