23, MONKRIDGE GARDENS, GATESHEAD, NE11 9XE - £103,500

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

23 MONKRIDGE GARDENS is a very small semi-detached house of 73m², built sometime between 1930 and 1949, which could now be worth an estimated £145,473. It was last sold for £103,500 in June 2014, which was around 17% below the average June 2014 semi-detached price in the Gateshead local authority area. The most recent EPC inspection was January 2023, where the current energy rating was C, and the potential energy rating was B.

23 MONKRIDGE GARDENS Sold Prices

Land registry data shows two sales for 23 MONKRIDGE GARDENS 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 23 MONKRIDGE GARDENS 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
2014 2 JUN	£103,500	£125,275	17% below HPI
2013 22 MAR	£103,500	£122,886	16% below HPI

23 MONKRIDGE GARDENS 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 23 MONKRIDGE GARDENS sales from March 2013 and June 2014 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 March 2013 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the June 2014 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 23 MONKRIDGE GARDENS be worth now?

23 MONKRIDGE GARDENS might now be worth an estimated £145,473.

This is based on house price inflation of 40.6%, between June 2014 and December 2024, 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 40.6% inflationary increase is applied to the most recent sale price for 23 MONKRIDGE GARDENS of £103,500 on 2nd June 2014. For the value to have increased from £103,500 to £145,473 over the nine years and six months to December 2024, the following assumptions must hold true:

• The value of 23 MONKRIDGE GARDENS has moved in line with the HPI for semi-detached houses in the Gateshead local authority area.
• The June 2014 sale price of £103,500 represented a fair market value for the property.
• The size, condition, and specification of 23 MONKRIDGE GARDENS has not materially changed since June 2014.

How Large is 23 MONKRIDGE GARDENS?

23 MONKRIDGE GARDENS is 73m² according to the EPC inspection conducted in January 2023. This puts it in the smallest 10% 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 23 MONKRIDGE GARDENS lies on this distribution: 10% of semi-detached houses houses are smaller than 23 MONKRIDGE GARDENS, and 90% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

23 MONKRIDGE GARDENS: Plot and Title Map

23 MONKRIDGE GARDENS sits on a plot of roughly 0.072 of an acre, or 293m². The below map shows the location of 23 MONKRIDGE GARDENS, 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 23 MONKRIDGE GARDENS). 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 23 MONKRIDGE GARDENS?

23 MONKRIDGE GARDENS is located in GATESHEAD, in the NE11 postcode district. The below map shows the position of No. 23 on MONKRIDGE GARDENS.