Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
3 COLERIDGE AVENUE is a small detached house of 85m², built sometime between 1900 and 1929. It was last sold for £250,000 in July 2014, which was around 18% above the average July 2014 detached price in the Gateshead local authority area. The most recent EPC inspection was April 2011, where the current energy rating was E, and the potential energy rating was D.
Land registry data shows four sales for 3 COLERIDGE AVENUE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Gateshead local authority area for the corresponding sale date. Most of the four 3 COLERIDGE 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 |
---|---|---|---|
2014 29 JUL | £250,000 | £211,034 | 18% above HPI |
2012 29 JUN | £240,000 | £195,309 | 23% above HPI |
2007 4 JUN | £275,000 | £223,454 | 23% above HPI |
1996 6 DEC | £58,000 | £71,499 | 19% below HPI |
The below graph shows the average detached house price in the Gateshead local authority area over time, sourced from the HPI. The four 3 COLERIDGE AVENUE sales between December 1996 and July 2014 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 June 2012 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the July 2014 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.
3 COLERIDGE AVENUE is 85m² according to the EPC inspection conducted in April 2011. This puts it in the smallest 30% of detached houses in Gateshead, based on EPC data. The below chart shows the distribution of detached houses by size in Gateshead, and where 3 COLERIDGE AVENUE lies on this distribution: 23% of detached houses are smaller than 3 COLERIDGE AVENUE, and 77% of houses are larger. Note that EPC data is not available for all properties in Gateshead.
3 COLERIDGE AVENUE sits on a plot of roughly 0.077 of an acre, or 311m². The below map shows the location of 3 COLERIDGE 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 3 COLERIDGE 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.
3 COLERIDGE AVENUE is located in GATESHEAD, in the NE9 postcode district. The below map shows the position of No. 3 on COLERIDGE AVENUE.