3, RIVERMEDE, PONTELAND, NEWCASTLE UPON TYNE, NE20 9XA - £400,000

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 RIVERMEDE is a midsized extended detached house of 161m², built sometime between 1991 and 1995, which could now be worth an estimated £614,793. It was last sold for £400,000 in July 2005, which was around 71% above the average July 2005 detached price in the Northumberland local authority area. The most recent EPC inspection was August 2011, where the current energy rating was D, and the potential energy rating was C.

3 RIVERMEDE Sold Prices

Land registry data shows two sales for 3 RIVERMEDE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. Both of the two 3 RIVERMEDE 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
2005 4 JUL	£400,000	£234,088	71% above HPI
1999 30 NOV	£182,000	£103,702	76% above HPI

3 RIVERMEDE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Northumberland local authority area over time, sourced from the HPI. The two 3 RIVERMEDE sales from November 1999 and July 2005 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 1999 sale was for 76% above the HPI. So the extrapolation line tracks at 76% above the HPI over time, until the July 2005 sale, where it falls to 71% above the HPI. The line then continues to track at 71% above the HPI.

What might 3 RIVERMEDE be worth now?

3 RIVERMEDE might now be worth an estimated £614,793.

This is based on house price inflation of 53.7%, between July 2005 and February 2025, for detached houses, in the Northumberland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 53.7% inflationary increase is applied to the most recent sale price for 3 RIVERMEDE of £400,000 on 4th July 2005. For the value to have increased from £400,000 to £614,793 over the twenty years and five months to February 2025, the following assumptions must hold true:

• The value of 3 RIVERMEDE has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The July 2005 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of 3 RIVERMEDE has not materially changed since July 2005.

How Large is 3 RIVERMEDE?

3 RIVERMEDE is 161m², which includes one extension, according to the EPC inspection conducted in August 2011. This puts it in the smallest 50% of detached houses houses in Ponteland, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ponteland, and where 3 RIVERMEDE lies on this distribution: 44% of detached houses houses are smaller than 3 RIVERMEDE, and 56% of houses are larger. Note that EPC data is not available for all properties in Ponteland.

3 RIVERMEDE: Plot and Title Map

3 RIVERMEDE sits on a plot of roughly 0.098 of an acre, or 397m². The below map shows the location of 3 RIVERMEDE, 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 RIVERMEDE). 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 RIVERMEDE?

3 RIVERMEDE is located in PONTELAND, in the NE20 postcode district. The below map shows the position of No. 3 on RIVERMEDE.