24, RICHARDSON GARDENS, SHIREMOOR, NEWCASTLE UPON TYNE, NE27 0FH - £399,550

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.

24 RICHARDSON GARDENS is a very large detached house of 157m², which could now be worth an estimated £485,651. It was last sold for £399,550 in June 2021, which was around 30% above the average June 2021 detached price in the North Tyneside local authority area. The most recent EPC inspection was February 2018, where the current energy rating was B, and the potential energy rating was B.

24 RICHARDSON GARDENS Sold Prices

Land registry data shows two sales for 24 RICHARDSON GARDENS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Tyneside local authority area for the corresponding sale date. Both of the two 24 RICHARDSON GARDENS 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
2021 30 JUN	£399,550	£306,572	30% above HPI
2017 30 NOV	£351,795	£275,043	28% above HPI

24 RICHARDSON GARDENS Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Tyneside local authority area over time, sourced from the HPI. The two 24 RICHARDSON GARDENS sales from November 2017 and June 2021 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 November 2017 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the June 2021 sale, where it rises to 30% above the HPI. The line then continues to track at 30% above the HPI.

What might 24 RICHARDSON GARDENS be worth now?

24 RICHARDSON GARDENS might now be worth an estimated £485,651.

This is based on house price inflation of 21.5%, between June 2021 and February 2025, for detached houses, in the North Tyneside local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 21.5% inflationary increase is applied to the most recent sale price for 24 RICHARDSON GARDENS of £399,550 on 30th June 2021. For the value to have increased from £399,550 to £485,651 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 24 RICHARDSON GARDENS has moved in line with the HPI for detached houses in the North Tyneside local authority area.
• The June 2021 sale price of £399,550 represented a fair market value for the property.
• The size, condition, and specification of 24 RICHARDSON GARDENS has not materially changed since June 2021.

How Large is 24 RICHARDSON GARDENS?

24 RICHARDSON GARDENS is 157m² according to the EPC inspection conducted in February 2018. This puts it in the largest 10% of detached houses houses in Shiremoor, based on EPC data. The below chart shows the distribution of detached houses houses by size in Shiremoor, and where 24 RICHARDSON GARDENS lies on this distribution: 88% of detached houses houses are smaller than 24 RICHARDSON GARDENS, and 9% of houses are larger. Note that EPC data is not available for all properties in Shiremoor.

24 RICHARDSON GARDENS: Plot and Title Map

24 RICHARDSON GARDENS sits on a plot of roughly 0.078 of an acre, or 316m². The below map shows the location of 24 RICHARDSON 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 RICHARDSON 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 RICHARDSON GARDENS?

24 RICHARDSON GARDENS is located in SHIREMOOR, in the NE27 postcode district. The below map shows the position of No. 24 on RICHARDSON GARDENS.