24, VALLEY DRIVE, LOW FELL, GATESHEAD, NE9 5DH - £445,000

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.

24 VALLEY DRIVE is a midsized extended semi-detached house of 108m², built sometime between 1930 and 1949, which could now be worth an estimated £560,811. It was last sold for £445,000 in December 2017, which was around 219% above the average December 2017 semi-detached price in the Gateshead local authority area. The most recent EPC inspection was January 2011, where the current energy rating was F, and the potential energy rating was D.

24 VALLEY DRIVE Sold Prices

Land registry data shows two sales for 24 VALLEY DRIVE 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 24 VALLEY DRIVE 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
2017 8 DEC	£445,000	£139,289	219% above HPI
2011 6 MAY	£345,000	£120,374	187% above HPI

24 VALLEY DRIVE 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 VALLEY DRIVE sales from May 2011 and December 2017 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 2011 sale was for 187% above the HPI. So the extrapolation line tracks at 187% above the HPI over time, until the December 2017 sale, where it rises to 219% above the HPI. The line then continues to track at 219% above the HPI.

What might 24 VALLEY DRIVE be worth now?

24 VALLEY DRIVE might now be worth an estimated £560,811.

This is based on house price inflation of 26%, between December 2017 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 26% inflationary increase is applied to the most recent sale price for 24 VALLEY DRIVE of £445,000 on 8th December 2017. For the value to have increased from £445,000 to £560,811 over the eight years and nine months to March 2025, the following assumptions must hold true:

• The value of 24 VALLEY DRIVE has moved in line with the HPI for semi-detached houses in the Gateshead local authority area.
• The December 2017 sale price of £445,000 represented a fair market value for the property.
• The size, condition, and specification of 24 VALLEY DRIVE has not materially changed since December 2017.

How Large is 24 VALLEY DRIVE?

24 VALLEY DRIVE is 108m², which includes two extensions, according to the EPC inspection conducted in January 2011. This puts it in the largest 50% 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 VALLEY DRIVE lies on this distribution: 53% of semi-detached houses houses are smaller than 24 VALLEY DRIVE, and 47% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

24 VALLEY DRIVE: Plot and Title Map

24 VALLEY DRIVE sits on a plot of roughly 0.086 of an acre, or 347m². The below map shows the location of 24 VALLEY DRIVE, 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 VALLEY DRIVE). 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 VALLEY DRIVE?

24 VALLEY DRIVE is located in LOW FELL, in the NE9 postcode district. The below map shows the position of No. 24 on VALLEY DRIVE.