3, DENESIDE AVENUE, GATESHEAD, NE9 6AD - £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.

3 DENESIDE AVENUE is a midsized terraced house of 102m², built sometime between 1930 and 1949, which could now be worth an estimated £410,015. It was last sold for £340,000 in July 2019, which was around 185% above the average July 2019 terraced price in the Gateshead local authority area. The most recent EPC inspection was October 2014, where the current energy rating was C, and the potential energy rating was B.

3 DENESIDE AVENUE Sold Prices

Land registry data shows two sales for 3 DENESIDE AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Gateshead local authority area for the corresponding sale date. Both of the two 3 DENESIDE 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
2019 23 JUL	£340,000	£119,344	185% above HPI
2009 17 JUL	£194,950	£106,458	83% above HPI

3 DENESIDE AVENUE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Gateshead local authority area over time, sourced from the HPI. The two 3 DENESIDE AVENUE sales from July 2009 and July 2019 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 July 2009 sale was for 83% above the HPI. So the extrapolation line tracks at 83% above the HPI over time, until the July 2019 sale, where it rises to 185% above the HPI. The line then continues to track at 185% above the HPI.

What might 3 DENESIDE AVENUE be worth now?

3 DENESIDE AVENUE might now be worth an estimated £410,015.

This is based on house price inflation of 20.6%, between July 2019 and June 2025, for terraced 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 20.6% inflationary increase is applied to the most recent sale price for 3 DENESIDE AVENUE of £340,000 on 23rd July 2019. For the value to have increased from £340,000 to £410,015 over the six years and one month to June 2025, the following assumptions must hold true:

• The value of 3 DENESIDE AVENUE has moved in line with the HPI for terraced houses in the Gateshead local authority area.
• The July 2019 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of 3 DENESIDE AVENUE has not materially changed since July 2019.

How Large is 3 DENESIDE AVENUE?

3 DENESIDE AVENUE is 102m² according to the EPC inspection conducted in October 2014. This puts it in the smallest 50% of terraced houses houses in Gateshead, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Gateshead, and where 3 DENESIDE AVENUE lies on this distribution: 45% of terraced houses houses are smaller than 3 DENESIDE AVENUE, and 54% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

3 DENESIDE AVENUE: Plot and Title Map

3 DENESIDE AVENUE sits on a plot of roughly 0.059 of an acre, or 238m². The below map shows the location of 3 DENESIDE 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 DENESIDE 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 3 DENESIDE AVENUE?

3 DENESIDE AVENUE is located in GATESHEAD, in the NE9 postcode district. The below map shows the position of No. 3 on DENESIDE AVENUE.