24, WESTACRES AVENUE, WHICKHAM, NEWCASTLE UPON TYNE, NE16 5AG - £340,000

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 WESTACRES AVENUE is a very small detached house of 84m², built sometime between 1967 and 1975, which could now be worth an estimated £335,261. It was last sold for £340,000 in December 2024, which was around 19% above the average December 2024 detached price in the Gateshead local authority area. The most recent EPC inspection was October 2023, where the current energy rating was C, and the potential energy rating was B.

24 WESTACRES AVENUE Sold Prices

Land registry data shows three sales for 24 WESTACRES AVENUE 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 24 WESTACRES AVENUE 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 10 DEC	£340,000	£284,978	19% above HPI
2011 23 NOV	£249,950	£199,407	25% above HPI
2010 27 JUL	£230,000	£199,587	15% above HPI

24 WESTACRES AVENUE 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 24 WESTACRES AVENUE sales between July 2010 and December 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 November 2011 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the December 2024 sale, where it falls to 19% above the HPI. The line then continues to track at 19% above the HPI.

What might 24 WESTACRES AVENUE be worth now?

24 WESTACRES AVENUE might now be worth an estimated £335,261.

This is based on house price deflation of 1.4%, between December 2024 and February 2025, 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 1.4% deflationary decrease is applied to the most recent sale price for 24 WESTACRES AVENUE of £340,000 on 10th December 2024. For the value to have decreased from £340,000 to £335,261 over the one year and ten months to February 2025, the following assumptions must hold true:

• The value of 24 WESTACRES AVENUE has moved in line with the HPI for detached houses in the Gateshead local authority area.
• The December 2024 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of 24 WESTACRES AVENUE has not materially changed since December 2024.

How Large is 24 WESTACRES AVENUE?

24 WESTACRES AVENUE is 84m² according to the EPC inspection conducted in October 2023. This puts it in the smallest 20% of detached houses houses in Whickham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Whickham, and where 24 WESTACRES AVENUE lies on this distribution: 18% of detached houses houses are smaller than 24 WESTACRES AVENUE, and 81% of houses are larger. Note that EPC data is not available for all properties in Whickham.

24 WESTACRES AVENUE: Plot and Title Map

24 WESTACRES AVENUE sits on a plot of roughly 0.093 of an acre, or 375m². The below map shows the location of 24 WESTACRES AVENUE, 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 WESTACRES AVENUE). 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 WESTACRES AVENUE?

24 WESTACRES AVENUE is located in WHICKHAM, in the NE16 postcode district. The below map shows the position of No. 24 on WESTACRES AVENUE.