16, RAMSAY ROAD, CHOPWELL, NEWCASTLE UPON TYNE, NE17 7AG - £210,000

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 RAMSAY ROAD is a very small detached house of 69m², built sometime between 1996 and 2002, which could now be worth an estimated £217,755. It was last sold for £210,000 in March 2023, which was around 23% below the average March 2023 detached price in the Gateshead local authority area. The most recent EPC inspection was August 2022, where the current energy rating was C, and the potential energy rating was A.

16 RAMSAY ROAD Sold Prices

Land registry data shows three sales for 16 RAMSAY ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Gateshead local authority area for the corresponding sale date. Two of the three 16 RAMSAY ROAD sales were for below the average price, whilst one was 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 3 MAR	£210,000	£270,998	23% below HPI
2019 16 AUG	£135,000	£236,117	43% below HPI
2001 30 MAY	£97,000	£92,968	4% above HPI

16 RAMSAY ROAD 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 three 16 RAMSAY ROAD sales between May 2001 and March 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 August 2019 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the March 2023 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 16 RAMSAY ROAD be worth now?

16 RAMSAY ROAD might now be worth an estimated £217,755.

This is based on house price inflation of 3.7%, between March 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 3.7% inflationary increase is applied to the most recent sale price for 16 RAMSAY ROAD of £210,000 on 3rd March 2023. For the value to have increased from £210,000 to £217,755 over the two years and one month to February 2025, the following assumptions must hold true:

• The value of 16 RAMSAY ROAD has moved in line with the HPI for detached houses in the Gateshead local authority area.
• The March 2023 sale price of £210,000 represented a fair market value for the property.
• The size, condition, and specification of 16 RAMSAY ROAD has not materially changed since March 2023.

How Large is 16 RAMSAY ROAD?

16 RAMSAY ROAD is 69m² according to the EPC inspection conducted in August 2022. This puts it in the smallest 10% of detached houses houses in Chopwell, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chopwell, and where 16 RAMSAY ROAD lies on this distribution: 5% of detached houses houses are smaller than 16 RAMSAY ROAD, and 93% of houses are larger. Note that EPC data is not available for all properties in Chopwell.

16 RAMSAY ROAD: Plot and Title Map

16 RAMSAY ROAD sits on a plot of roughly 0.102 of an acre, or 413m². The below map shows the location of 16 RAMSAY ROAD, 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 RAMSAY ROAD). 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 RAMSAY ROAD?

16 RAMSAY ROAD is located in CHOPWELL, in the NE17 postcode district. The below map shows the position of No. 16 on RAMSAY ROAD.