3, VALLEY GARDENS, GATESHEAD, NE9 5EB - £355,000

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 VALLEY GARDENS is a very large extended detached house of 147m², built sometime between 1930 and 1949, which could now be worth an estimated £404,574. It was last sold for £355,000 in October 2020, which was around 44% above the average October 2020 detached price in the Gateshead local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was C.

3 VALLEY GARDENS Sold Prices

Land registry data shows three sales for 3 VALLEY GARDENS 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. The three 3 VALLEY GARDENS sales were a mix of above the average price, and roughly equal to 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
2020 2 OCT	£355,000	£246,573	44% above HPI
2011 6 MAY	£290,000	£200,365	45% above HPI
2007 18 JAN	£215,000	£215,082	Close to HPI

3 VALLEY GARDENS 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 3 VALLEY GARDENS sales between January 2007 and October 2020 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 May 2011 sale was for 45% above the HPI. So the extrapolation line tracks at 45% above the HPI over time, until the October 2020 sale, where it falls to 44% above the HPI. The line then continues to track at 44% above the HPI.

What might 3 VALLEY GARDENS be worth now?

3 VALLEY GARDENS might now be worth an estimated £404,574.

This is based on house price inflation of 14%, between October 2020 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 14% inflationary increase is applied to the most recent sale price for 3 VALLEY GARDENS of £355,000 on 2nd October 2020. For the value to have increased from £355,000 to £404,574 over the five years and eight months to February 2025, the following assumptions must hold true:

• The value of 3 VALLEY GARDENS has moved in line with the HPI for detached houses in the Gateshead local authority area.
• The October 2020 sale price of £355,000 represented a fair market value for the property.
• The size, condition, and specification of 3 VALLEY GARDENS has not materially changed since October 2020.

How Large is 3 VALLEY GARDENS?

3 VALLEY GARDENS is 147m², which includes one extension, according to the EPC inspection conducted in June 2020. This puts it in the largest 20% of detached houses houses in Gateshead, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gateshead, and where 3 VALLEY GARDENS lies on this distribution: 84% of detached houses houses are smaller than 3 VALLEY GARDENS, and 16% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

3 VALLEY GARDENS: Plot and Title Map

3 VALLEY GARDENS sits on a plot of roughly 0.047 of an acre, or 189m². The below map shows the location of 3 VALLEY GARDENS, 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 VALLEY GARDENS). 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 VALLEY GARDENS?

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