33, OAKWOOD, GATESHEAD, NE10 8LU - £112,500

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.

33 OAKWOOD is a small semi-detached house of 83m², built sometime between 1950 and 1966, which could now be worth an estimated £149,700. It was last sold for £112,500 in August 2015, which was around 13% below the average August 2015 semi-detached price in the Gateshead local authority area. The most recent EPC inspection was June 2015, where the current energy rating was C, and the potential energy rating was B.

33 OAKWOOD Sold Prices

Land registry data shows two sales for 33 OAKWOOD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Gateshead local authority area for the corresponding sale date. Both of the two 33 OAKWOOD sales were for below 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
2015 28 AUG	£112,500	£129,696	13% below HPI
2006 16 MAR	£91,000	£125,352	27% below HPI

33 OAKWOOD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Gateshead local authority area over time, sourced from the HPI. The two 33 OAKWOOD sales from March 2006 and August 2015 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 March 2006 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the August 2015 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 33 OAKWOOD be worth now?

33 OAKWOOD might now be worth an estimated £149,700.

This is based on house price inflation of 33.1%, between August 2015 and February 2025, for semi-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 33.1% inflationary increase is applied to the most recent sale price for 33 OAKWOOD of £112,500 on 28th August 2015. For the value to have increased from £112,500 to £149,700 over the ten years and six months to February 2025, the following assumptions must hold true:

• The value of 33 OAKWOOD has moved in line with the HPI for semi-detached houses in the Gateshead local authority area.
• The August 2015 sale price of £112,500 represented a fair market value for the property.
• The size, condition, and specification of 33 OAKWOOD has not materially changed since August 2015.

How Large is 33 OAKWOOD?

33 OAKWOOD is 83m² according to the EPC inspection conducted in June 2015. This puts it in the smallest 30% of semi-detached houses houses in Gateshead, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Gateshead, and where 33 OAKWOOD lies on this distribution: 20% of semi-detached houses houses are smaller than 33 OAKWOOD, and 79% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

33 OAKWOOD: Plot and Title Map

33 OAKWOOD sits on a plot of roughly 0.042 of an acre, or 168m². The below map shows the location of 33 OAKWOOD, 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 33 OAKWOOD). 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 33 OAKWOOD?

33 OAKWOOD is located in GATESHEAD, in the NE10 postcode district. The below map shows the position of No. 33 on OAKWOOD.