103, SEAHAM GARDENS, GATESHEAD, NE9 7EJ - £129,950

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.

103 SEAHAM GARDENS is a very small semi-detached house of 74m², built sometime between 1967 and 1975, which could now be worth an estimated £165,363. It was last sold for £129,950 in February 2018, which was around 4% below the average February 2018 semi-detached price in the Gateshead local authority area. The most recent EPC inspection was July 2017, where the current energy rating was D, and the potential energy rating was B.

103 SEAHAM GARDENS Sold Prices

Land registry data shows two sales for 103 SEAHAM GARDENS 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 103 SEAHAM GARDENS 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
2018 28 FEB	£129,950	£135,623	4% below HPI
2017 11 SEP	£60,000	£135,872	56% below HPI

103 SEAHAM GARDENS 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 103 SEAHAM GARDENS sales from September 2017 and February 2018 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 September 2017 sale was for 56% below the HPI. So the extrapolation line tracks at 56% below the HPI over time, until the February 2018 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 103 SEAHAM GARDENS be worth now?

103 SEAHAM GARDENS might now be worth an estimated £165,363.

This is based on house price inflation of 27.3%, between February 2018 and February 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 27.3% inflationary increase is applied to the most recent sale price for 103 SEAHAM GARDENS of £129,950 on 28th February 2018. For the value to have increased from £129,950 to £165,363 over the seven years to February 2025, the following assumptions must hold true:

• The value of 103 SEAHAM GARDENS has moved in line with the HPI for semi-detached houses in the Gateshead local authority area.
• The February 2018 sale price of £129,950 represented a fair market value for the property.
• The size, condition, and specification of 103 SEAHAM GARDENS has not materially changed since February 2018.

How Large is 103 SEAHAM GARDENS?

103 SEAHAM GARDENS is 74m² according to the EPC inspection conducted in July 2017. This puts it in the smallest 20% of semi-detached houses houses in Gateshead, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Gateshead, and where 103 SEAHAM GARDENS lies on this distribution: 10% of semi-detached houses houses are smaller than 103 SEAHAM GARDENS, and 89% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

103 SEAHAM GARDENS: Plot and Title Map

103 SEAHAM GARDENS sits on a plot of roughly 28.6 acres, or 115,917m². The below map shows the location of 103 SEAHAM GARDENS, 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 103 SEAHAM GARDENS). 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 103 SEAHAM GARDENS?

103 SEAHAM GARDENS is located in GATESHEAD, in the NE9 postcode district. The below map shows the position of No. 103 on SEAHAM GARDENS.