41, LONG BANK, BIRTLEY, CHESTER LE STREET, DH3 1PX - £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.

41 LONG BANK is a midsized detached house of 107m², built sometime between 1930 and 1949, which could now be worth an estimated £249,311. It was last sold for £190,000 in March 2016, which was around 11% below the average March 2016 detached price in the Gateshead local authority area. The most recent EPC inspection was January 2011, where the current energy rating was F, and the potential energy rating was C.

41 LONG BANK Sold Prices

Land registry data shows two sales for 41 LONG BANK since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Gateshead local authority area for the corresponding sale date. One of the two 41 LONG BANK sales was for below the average price, whilst the other was 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
2016 16 MAR	£190,000	£214,155	11% below HPI
2005 30 JUN	£199,950	£190,893	5% above HPI

41 LONG BANK 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 two 41 LONG BANK sales from June 2005 and March 2016 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 June 2005 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the March 2016 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 41 LONG BANK be worth now?

41 LONG BANK might now be worth an estimated £249,311.

This is based on house price inflation of 31.2%, between March 2016 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 31.2% inflationary increase is applied to the most recent sale price for 41 LONG BANK of £190,000 on 16th March 2016. For the value to have increased from £190,000 to £249,311 over the nine years and one month to February 2025, the following assumptions must hold true:

• The value of 41 LONG BANK has moved in line with the HPI for detached houses in the Gateshead local authority area.
• The March 2016 sale price of £190,000 represented a fair market value for the property.
• The size, condition, and specification of 41 LONG BANK has not materially changed since March 2016.

How Large is 41 LONG BANK?

41 LONG BANK is 107m² according to the EPC inspection conducted in January 2011. This puts it in the smallest 50% of detached houses houses in Birtley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Birtley, and where 41 LONG BANK lies on this distribution: 41% of detached houses houses are smaller than 41 LONG BANK, and 59% of houses are larger. Note that EPC data is not available for all properties in Birtley.

41 LONG BANK: Plot and Title Map

41 LONG BANK sits on a plot of roughly 30.9 acres, or 125,222m². The below map shows the location of 41 LONG BANK, 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 41 LONG BANK). 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 41 LONG BANK?

41 LONG BANK is located in BIRTLEY, in the DH3 postcode district. The below map shows the position of No. 41 on LONG BANK.