187, MERESYDE, GATESHEAD, NE10 8PE - £130,000

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.

187 MERESYDE is a small semi-detached house of 84m², built sometime between 1950 and 1966, which could now be worth an estimated £160,778. It was last sold for £130,000 in September 2019, which was around 8% below the average September 2019 semi-detached price in the Gateshead local authority area. The most recent EPC inspection was March 2014, where the current energy rating was E, and the potential energy rating was C.

187 MERESYDE Sold Prices

Land registry data shows two sales for 187 MERESYDE 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 187 MERESYDE 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
2019 13 SEP	£130,000	£141,935	8% below HPI
2006 30 JUN	£120,000	£130,254	8% below HPI

187 MERESYDE 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 187 MERESYDE sales from June 2006 and September 2019 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 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the September 2019 sale, which was also at 8% below the HPI.

What might 187 MERESYDE be worth now?

187 MERESYDE might now be worth an estimated £160,778.

This is based on house price inflation of 23.7%, between September 2019 and March 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 23.7% inflationary increase is applied to the most recent sale price for 187 MERESYDE of £130,000 on 13th September 2019. For the value to have increased from £130,000 to £160,778 over the six years and six months to March 2025, the following assumptions must hold true:

• The value of 187 MERESYDE has moved in line with the HPI for semi-detached houses in the Gateshead local authority area.
• The September 2019 sale price of £130,000 represented a fair market value for the property.
• The size, condition, and specification of 187 MERESYDE has not materially changed since September 2019.

How Large is 187 MERESYDE?

187 MERESYDE is 84m² according to the EPC inspection conducted in March 2014. This puts it in the smallest 30% 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 187 MERESYDE lies on this distribution: 21% of semi-detached houses houses are smaller than 187 MERESYDE, and 78% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

187 MERESYDE: Plot and Title Map

187 MERESYDE sits on a plot of roughly 0.053 of an acre, or 213m². The below map shows the location of 187 MERESYDE, 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 187 MERESYDE). 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 187 MERESYDE?

187 MERESYDE is located in GATESHEAD, in the NE10 postcode district. The below map shows the position of No. 187 on MERESYDE.