24, ELMWOOD GARDENS, GATESHEAD, NE11 0BX - £165,000

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

24 ELMWOOD GARDENS is a small extended semi-detached house of 90m², built sometime between 1930 and 1949, which could now be worth an estimated £173,586. It was last sold for £165,000 in January 2024, which was around 1% below the average January 2024 semi-detached price in the Gateshead local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was C.

24 ELMWOOD GARDENS Sold Prices

Land registry data shows two sales for 24 ELMWOOD 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. One of the two 24 ELMWOOD GARDENS sales was for below the average price, whilst the other 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
2024 26 JAN	£165,000	£167,369	1% below HPI
1995 26 MAY	£55,000	£42,432	30% above HPI

24 ELMWOOD 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 24 ELMWOOD GARDENS sales from May 1995 and January 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 May 1995 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the January 2024 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 24 ELMWOOD GARDENS be worth now?

24 ELMWOOD GARDENS might now be worth an estimated £173,586.

This is based on house price inflation of 5.2%, between January 2024 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 5.2% inflationary increase is applied to the most recent sale price for 24 ELMWOOD GARDENS of £165,000 on 26th January 2024. For the value to have increased from £165,000 to £173,586 over the one month to December 2024, the following assumptions must hold true:

• The value of 24 ELMWOOD GARDENS has moved in line with the HPI for semi-detached houses in the Gateshead local authority area.
• The January 2024 sale price of £165,000 represented a fair market value for the property.
• The size, condition, and specification of 24 ELMWOOD GARDENS has not materially changed since January 2024.

How Large is 24 ELMWOOD GARDENS?

24 ELMWOOD GARDENS is 90m², which includes two extensions, according to the EPC inspection conducted in June 2016. 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 24 ELMWOOD GARDENS lies on this distribution: 30% of semi-detached houses houses are smaller than 24 ELMWOOD GARDENS, and 69% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

24 ELMWOOD GARDENS: Plot and Title Map

24 ELMWOOD GARDENS sits on a plot of roughly 0.060 of an acre, or 244m². The below map shows the location of 24 ELMWOOD 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 24 ELMWOOD 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 24 ELMWOOD GARDENS?

24 ELMWOOD GARDENS is located in GATESHEAD, in the NE11 postcode district. The below map shows the position of No. 24 on ELMWOOD GARDENS.