16, MOUNT RIDGE, BIRTLEY, CHESTER LE STREET, DH3 1RY - £350,000

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.

16 MOUNT RIDGE is a very large detached house of 206m², built sometime between 2003 and 2006, which could now be worth an estimated £433,865. It was last sold for £350,000 in March 2018, which was around 54% above the average March 2018 detached price in the Gateshead local authority area. The most recent EPC inspection was November 2017, where the current energy rating was D, and the potential energy rating was C.

16 MOUNT RIDGE Sold Prices

Land registry data shows two sales for 16 MOUNT RIDGE 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 16 MOUNT RIDGE 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
2018 29 MAR	£350,000	£226,688	54% above HPI
2006 23 JUN	£324,995	£207,666	56% above HPI

16 MOUNT RIDGE 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 two 16 MOUNT RIDGE sales from June 2006 and March 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 June 2006 sale was for 56% above the HPI. So the extrapolation line tracks at 56% above the HPI over time, until the March 2018 sale, where it falls to 54% above the HPI. The line then continues to track at 54% above the HPI.

What might 16 MOUNT RIDGE be worth now?

16 MOUNT RIDGE might now be worth an estimated £433,865.

This is based on house price inflation of 24%, between March 2018 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 24% inflationary increase is applied to the most recent sale price for 16 MOUNT RIDGE of £350,000 on 29th March 2018. For the value to have increased from £350,000 to £433,865 over the seven years and one month to February 2025, the following assumptions must hold true:

• The value of 16 MOUNT RIDGE has moved in line with the HPI for detached houses in the Gateshead local authority area.
• The March 2018 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 16 MOUNT RIDGE has not materially changed since March 2018.

How Large is 16 MOUNT RIDGE?

16 MOUNT RIDGE is 206m² according to the EPC inspection conducted in November 2017. This puts it in the largest 10% of detached houses houses in Birtley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Birtley, and where 16 MOUNT RIDGE lies on this distribution: 95% of detached houses houses are smaller than 16 MOUNT RIDGE, and 5% of houses are larger. Note that EPC data is not available for all properties in Birtley.

16 MOUNT RIDGE: Plot and Title Map

16 MOUNT RIDGE sits on a plot of roughly 0.097 of an acre, or 394m². The below map shows the location of 16 MOUNT RIDGE, 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 16 MOUNT RIDGE). 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 16 MOUNT RIDGE?

16 MOUNT RIDGE is located in BIRTLEY, in the DH3 postcode district. The below map shows the position of No. 16 on MOUNT RIDGE.