38, SOUTHEND ROAD, GATESHEAD, NE9 6XT - £190,000

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.

38 SOUTHEND ROAD is a very small detached house of 65m², built sometime between 1930 and 1949, which could now be worth an estimated £195,665. It was last sold for £190,000 in February 2023, which was around 30% below the average February 2023 detached price in the Gateshead local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was C.

38 SOUTHEND ROAD Sold Prices

Land registry data shows three sales for 38 SOUTHEND ROAD 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. All of the three 38 SOUTHEND ROAD 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
2023 13 FEB	£190,000	£272,870	30% below HPI
2019 17 MAY	£167,000	£234,176	29% below HPI
1997 18 JUL	£45,000	£76,419	41% below HPI

38 SOUTHEND ROAD 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 38 SOUTHEND ROAD sales between July 1997 and February 2023 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 2019 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the February 2023 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 38 SOUTHEND ROAD be worth now?

38 SOUTHEND ROAD might now be worth an estimated £195,665.

This is based on house price inflation of 3%, between February 2023 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 3% inflationary increase is applied to the most recent sale price for 38 SOUTHEND ROAD of £190,000 on 13th February 2023. For the value to have increased from £190,000 to £195,665 over the two years to February 2025, the following assumptions must hold true:

• The value of 38 SOUTHEND ROAD has moved in line with the HPI for detached houses in the Gateshead local authority area.
• The February 2023 sale price of £190,000 represented a fair market value for the property.
• The size, condition, and specification of 38 SOUTHEND ROAD has not materially changed since February 2023.

How Large is 38 SOUTHEND ROAD?

38 SOUTHEND ROAD is 65m² according to the EPC inspection conducted in March 2019. This puts it in the smallest 10% 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 38 SOUTHEND ROAD lies on this distribution: 5% of detached houses houses are smaller than 38 SOUTHEND ROAD, and 94% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

38 SOUTHEND ROAD: Plot and Title Map

38 SOUTHEND ROAD sits on a plot of roughly 0.073 of an acre, or 294m². The below map shows the location of 38 SOUTHEND ROAD, 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 38 SOUTHEND ROAD). 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 38 SOUTHEND ROAD?

38 SOUTHEND ROAD is located in GATESHEAD, in the NE9 postcode district. The below map shows the position of No. 38 on SOUTHEND ROAD.