15, MONTROSE DRIVE, GATESHEAD, NE10 8BQ - £199,995

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.

15 MONTROSE DRIVE is a midsized extended semi-detached house of 99m², built sometime between 1967 and 1975, which could now be worth an estimated £201,633. It was last sold for £199,995 in August 2023, which was around 17% above the average August 2023 semi-detached price in the Gateshead local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was B.

15 MONTROSE DRIVE Sold Prices

Land registry data shows four sales for 15 MONTROSE DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Gateshead local authority area for the corresponding sale date. All of the four 15 MONTROSE DRIVE 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 18 AUG	£199,995	£171,180	17% above HPI
2023 28 JUL	£200,000	£170,372	17% above HPI
2020 25 SEP	£188,601	£148,306	27% above HPI
1998 30 JAN	£59,950	£44,733	34% above HPI

15 MONTROSE DRIVE 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 four 15 MONTROSE DRIVE sales between January 1998 and August 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 July 2023 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the August 2023 sale, which was also at 17% above the HPI.

What might 15 MONTROSE DRIVE be worth now?

15 MONTROSE DRIVE might now be worth an estimated £201,633.

This is based on house price inflation of 0.8%, between August 2023 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 0.8% inflationary increase is applied to the most recent sale price for 15 MONTROSE DRIVE of £199,995 on 18th August 2023. For the value to have increased from £199,995 to £201,633 over the two years and six months to February 2025, the following assumptions must hold true:

• The value of 15 MONTROSE DRIVE has moved in line with the HPI for semi-detached houses in the Gateshead local authority area.
• The August 2023 sale price of £199,995 represented a fair market value for the property.
• The size, condition, and specification of 15 MONTROSE DRIVE has not materially changed since August 2023.

How Large is 15 MONTROSE DRIVE?

15 MONTROSE DRIVE is 99m², which includes one extension, according to the EPC inspection conducted in October 2019. This puts it in the smallest 50% 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 15 MONTROSE DRIVE lies on this distribution: 41% of semi-detached houses houses are smaller than 15 MONTROSE DRIVE, and 58% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

15 MONTROSE DRIVE: Plot and Title Map

15 MONTROSE DRIVE sits on a plot of roughly 0.052 of an acre, or 210m². The below map shows the location of 15 MONTROSE DRIVE, 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 15 MONTROSE DRIVE). 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 15 MONTROSE DRIVE?

15 MONTROSE DRIVE is located in GATESHEAD, in the NE10 postcode district. The below map shows the position of No. 15 on MONTROSE DRIVE.