48, BRIDGES VIEW, GATESHEAD, NE8 1NZ - £242,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

48 BRIDGES VIEW is a very large extended detached house of 188m², built sometime between 2003 and 2006. It was last sold for £242,500 in December 2021, which was around 5% below the average December 2021 detached price in the Gateshead local authority area. The most recent EPC inspection was July 2021, where the current energy rating was C, and the potential energy rating was B.

48 BRIDGES VIEW Sold Prices

Land registry data shows two sales for 48 BRIDGES VIEW 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 48 BRIDGES VIEW 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
2021 7 DEC	£242,500	£254,046	5% below HPI
2004 16 DEC	£237,450	£187,198	27% above HPI

48 BRIDGES VIEW 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 48 BRIDGES VIEW sales from December 2004 and December 2021 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 December 2004 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the December 2021 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 48 BRIDGES VIEW?

48 BRIDGES VIEW is 188m², which includes one extension, according to the EPC inspection conducted in July 2021. This puts it in the largest 10% of detached houses in Gateshead, based on EPC data. The below chart shows the distribution of detached houses by size in Gateshead, and where 48 BRIDGES VIEW lies on this distribution: 93% of detached houses are smaller than 48 BRIDGES VIEW, and 7% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

48 BRIDGES VIEW: Plot and Title Map

48 BRIDGES VIEW sits on a plot of roughly 0.048 of an acre, or 192m². The below map shows the location of 48 BRIDGES VIEW, 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 48 BRIDGES VIEW). 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 48 BRIDGES VIEW?

48 BRIDGES VIEW is located in GATESHEAD, in the NE8 postcode district. The below map shows the position of No. 48 on BRIDGES VIEW.