43, HILLCREST DRIVE, GATESHEAD, NE11 9QS - £245,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

43 HILLCREST DRIVE is a midsized detached house of 112m², built sometime between 1950 and 1966. It was last sold for £245,000 in May 2017, which was around 8% above the average May 2017 detached price in the Gateshead local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was B.

43 HILLCREST DRIVE Sold Prices

Land registry data shows two sales for 43 HILLCREST DRIVE 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 43 HILLCREST DRIVE sales was for above the average price, whilst the other was 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
2017 5 MAY	£245,000	£225,902	8% above HPI
2017 4 APR	£2,000	£224,173	99% below HPI

43 HILLCREST DRIVE 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 43 HILLCREST DRIVE sales from April 2017 and May 2017 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 April 2017 sale was for 99% below the HPI. So the extrapolation line tracks at 99% below the HPI over time, until the May 2017 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might 43 HILLCREST DRIVE be worth now?

43 HILLCREST DRIVE might now be worth an estimated £310,314.

This is based on house price inflation of 26.7%, between May 2017 and December 2024, 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 26.7% inflationary increase is applied to the most recent sale price for 43 HILLCREST DRIVE of £245,000 on 5th May 2017. For the value to have increased from £245,000 to £310,314 over the six years and five months to December 2024, the following assumptions must hold true:

• The value of 43 HILLCREST DRIVE has moved in line with the HPI for detached houses in the Gateshead local authority area.
• The May 2017 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 43 HILLCREST DRIVE has not materially changed since May 2017.

How Large is 43 HILLCREST DRIVE?

43 HILLCREST DRIVE is 112m² according to the EPC inspection conducted in November 2014. This puts it in the largest 50% 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 43 HILLCREST DRIVE lies on this distribution: 59% of detached houses houses are smaller than 43 HILLCREST DRIVE, and 40% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

43 HILLCREST DRIVE: Plot and Title Map

43 HILLCREST DRIVE sits on a plot of roughly 0.115 of an acre, or 466m². The below map shows the location of 43 HILLCREST DRIVE, 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 43 HILLCREST DRIVE). 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 43 HILLCREST DRIVE?

43 HILLCREST DRIVE is located in GATESHEAD, in the NE11 postcode district. The below map shows the position of No. 43 on HILLCREST DRIVE.