1, GIBSIDE COURT, GATESHEAD, NE11 9PT - £330,000

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.

1 GIBSIDE COURT is a midsized detached house of 113m², built sometime between 2003 and 2006, which could now be worth an estimated £339,839. It was last sold for £330,000 in February 2023, which was around 21% above the average February 2023 detached price in the Gateshead local authority area. The most recent EPC inspection was July 2022, where the current energy rating was C, and the potential energy rating was B.

1 GIBSIDE COURT Sold Prices

Land registry data shows four sales for 1 GIBSIDE COURT since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Gateshead local authority area for the corresponding sale date. All of the four 1 GIBSIDE COURT 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
2023 1 FEB	£330,000	£272,870	21% above HPI
2010 1 OCT	£237,500	£206,470	15% above HPI
1998 25 SEP	£107,000	£78,357	37% above HPI
1996 29 NOV	£107,500	£73,142	47% above HPI

1 GIBSIDE COURT Price Paid vs. HPI Average

The below graph shows the average detached house price in the Gateshead local authority area over time, sourced from the HPI. The four 1 GIBSIDE COURT sales between November 1996 and February 2023 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 October 2010 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the February 2023 sale, where it rises to 21% above the HPI. The line then continues to track at 21% above the HPI.

What might 1 GIBSIDE COURT be worth now?

1 GIBSIDE COURT might now be worth an estimated £339,839.

This is based on house price inflation of 3%, between February 2023 and February 2025, 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 3% inflationary increase is applied to the most recent sale price for 1 GIBSIDE COURT of £330,000 on 1st February 2023. For the value to have increased from £330,000 to £339,839 over the two years to February 2025, the following assumptions must hold true:

• The value of 1 GIBSIDE COURT has moved in line with the HPI for detached houses in the Gateshead local authority area.
• The February 2023 sale price of £330,000 represented a fair market value for the property.
• The size, condition, and specification of 1 GIBSIDE COURT has not materially changed since February 2023.

How Large is 1 GIBSIDE COURT?

1 GIBSIDE COURT is 113m² according to the EPC inspection conducted in July 2022. This puts it in the largest 40% of detached houses houses in Gateshead, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gateshead, and where 1 GIBSIDE COURT lies on this distribution: 60% of detached houses houses are smaller than 1 GIBSIDE COURT, and 39% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

1 GIBSIDE COURT: Plot and Title Map

1 GIBSIDE COURT sits on a plot of roughly 0.108 of an acre, or 437m². The below map shows the location of 1 GIBSIDE COURT, 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 1 GIBSIDE COURT). 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 1 GIBSIDE COURT?

1 GIBSIDE COURT is located in GATESHEAD, in the NE11 postcode district. The below map shows the position of No. 1 on GIBSIDE COURT.