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
51 TYNE VIEW PLACE is a very small semi-detached house of 49m², built sometime between 1983 and 1990. It was last sold for £93,000 in March 2023, which was around 66% below the average March 2023 detached price in the Gateshead local authority area. The most recent EPC inspection was August 2022, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows five sales for 51 TYNE VIEW PLACE since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Gateshead local authority area for the corresponding sale date. All of the five 51 TYNE VIEW PLACE 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 27 MAR | £93,000 | £272,834 | 66% below HPI |
2020 16 OCT | £98,000 | £248,244 | 61% below HPI |
2011 6 OCT | £86,000 | £206,090 | 58% below HPI |
1999 15 OCT | £29,950 | £84,037 | 64% below HPI |
1996 21 JUN | £23,500 | £69,839 | 66% below HPI |
The below graph shows the average detached house price in the Gateshead local authority area over time, sourced from the HPI. The five 51 TYNE VIEW PLACE sales between June 1996 and March 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 October 2020 sale was for 61% below the HPI. So the extrapolation line tracks at 61% below the HPI over time, until the March 2023 sale, where it falls to 66% below the HPI. The line then continues to track at 66% below the HPI.
51 TYNE VIEW PLACE is 49m² according to the EPC inspection conducted in August 2022. This puts it in the smallest 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 51 TYNE VIEW PLACE lies on this distribution: 1% of detached houses are smaller than 51 TYNE VIEW PLACE, and 99% of houses are larger. Note that EPC data is not available for all properties in Gateshead.
51 TYNE VIEW PLACE sits on a plot of roughly 0.027 of an acre, or 108m². The below map shows the location of 51 TYNE VIEW PLACE, 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 51 TYNE VIEW PLACE). 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.
51 TYNE VIEW PLACE is located in GATESHEAD, in the NE8 postcode district. The below map shows the position of No. 51 on TYNE VIEW PLACE.