2, VALE VIEW, ROCKCLIFFE WAY, EIGHTON BANKS, GATESHEAD, NE9 7YJ - £367,140

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 VALE VIEW is a very large detached house of 157m², built sometime before 1900. It was last sold for £367,140 in May 2024, which was around 36% above the average May 2024 detached price in the Gateshead local authority area. The most recent EPC inspection was May 2023, where the current energy rating was D, and the potential energy rating was B.

2 VALE VIEW Sold Prices

Land registry data shows three sales for 2 VALE VIEW 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. All of the three 2 VALE VIEW 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
2024 17 MAY	£367,140	£270,127	36% above HPI
2013 15 FEB	£231,000	£202,249	14% above HPI
1999 30 JUL	£100,000	£79,248	26% above HPI

2 VALE VIEW 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 2 VALE VIEW sales between July 1999 and May 2024 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 February 2013 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the May 2024 sale, where it rises to 36% above the HPI. The line then continues to track at 36% above the HPI.

What might 2 VALE VIEW be worth now?

2 VALE VIEW might now be worth an estimated £388,883.

This is based on house price inflation of 5.9%, between May 2024 and December 2024, 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 5.9% inflationary increase is applied to the most recent sale price for 2 VALE VIEW of £367,140 on 17th May 2024. For the value to have increased from £367,140 to £388,883 over the five months to December 2024, the following assumptions must hold true:

• The value of 2 VALE VIEW has moved in line with the HPI for detached houses in the Gateshead local authority area.
• The May 2024 sale price of £367,140 represented a fair market value for the property.
• The size, condition, and specification of 2 VALE VIEW has not materially changed since May 2024.

How Large is 2 VALE VIEW?

2 VALE VIEW is 157m² according to the EPC inspection conducted in May 2023. This puts it in the largest 20% of detached houses houses in Gateshead, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gateshead, and where 2 VALE VIEW lies on this distribution: 88% of detached houses houses are smaller than 2 VALE VIEW, and 12% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

2 VALE VIEW: Plot and Title Map

2 VALE VIEW sits on a plot of roughly 0.054 of an acre, or 217m². The below map shows the location of 2 VALE VIEW, 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 2 VALE VIEW). 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 2 VALE VIEW?

2 VALE VIEW is located on ROCKCLIFFE WAY in EIGHTON BANKS, in the NE9 postcode district. The below map shows the position of 2 VALE VIEW on ROCKCLIFFE WAY.