29, CROMER AVENUE, GATESHEAD, NE9 6UL - £342,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

29 CROMER AVENUE is a large extended semi-detached house of 115m², built sometime between 1930 and 1949. It was last sold for £342,500 in August 2023, which was around 22% above the average August 2023 detached price in the Gateshead local authority area. The most recent EPC inspection was April 2015, where the current energy rating was E, and the potential energy rating was C.

29 CROMER AVENUE Sold Prices

Land registry data shows five sales for 29 CROMER AVENUE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Gateshead local authority area for the corresponding sale date. Most of the five 29 CROMER 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
2023 18 AUG	£342,500	£281,020	22% above HPI
2016 5 FEB	£250,000	£218,993	14% above HPI
2006 24 NOV	£207,950	£214,562	3% below HPI
2003 22 AUG	£162,000	£157,008	3% above HPI
2002 22 MAR	£125,000	£98,377	27% above HPI

29 CROMER 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 five 29 CROMER AVENUE sales between March 2002 and August 2023 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 February 2016 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the August 2023 sale, where it rises to 22% above the HPI. The line then continues to track at 22% above the HPI.

How Large is 29 CROMER AVENUE?

29 CROMER AVENUE is 115m², which includes two extensions, according to the EPC inspection conducted in April 2015. This puts it in the largest 40% of detached houses in Gateshead, based on EPC data. The below chart shows the distribution of detached houses by size in Gateshead, and where 29 CROMER AVENUE lies on this distribution: 64% of detached houses are smaller than 29 CROMER AVENUE, and 35% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

29 CROMER AVENUE: Plot and Title Map

29 CROMER AVENUE sits on a plot of roughly 0.085 of an acre, or 345m². The below map shows the location of 29 CROMER 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 29 CROMER 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 29 CROMER AVENUE?

29 CROMER AVENUE is located in GATESHEAD, in the NE9 postcode district. The below map shows the position of No. 29 on CROMER AVENUE.