54, MONKRIDGE GARDENS, GATESHEAD, NE11 9XE - £300,000

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

54 MONKRIDGE GARDENS is a small detached house of 93m², built sometime between 1950 and 1966. It was last sold for £300,000 in February 2022, which was around 20% above the average February 2022 detached price in the Gateshead local authority area. The most recent EPC inspection was September 2021, where the current energy rating was D, and the potential energy rating was C.

54 MONKRIDGE GARDENS Sold Prices

Land registry data shows two sales for 54 MONKRIDGE GARDENS 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 54 MONKRIDGE GARDENS 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
2022 7 FEB	£300,000	£249,084	20% above HPI
2004 31 JAN	£150,000	£170,311	12% below HPI

54 MONKRIDGE GARDENS 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 54 MONKRIDGE GARDENS sales from January 2004 and February 2022 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 January 2004 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the February 2022 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

What might 54 MONKRIDGE GARDENS be worth now?

54 MONKRIDGE GARDENS might now be worth an estimated £344,613.

This is based on house price inflation of 14.9%, between February 2022 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 14.9% inflationary increase is applied to the most recent sale price for 54 MONKRIDGE GARDENS of £300,000 on 7th February 2022. For the value to have increased from £300,000 to £344,613 over the one year and two months to December 2024, the following assumptions must hold true:

• The value of 54 MONKRIDGE GARDENS has moved in line with the HPI for detached houses in the Gateshead local authority area.
• The February 2022 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 54 MONKRIDGE GARDENS has not materially changed since February 2022.

How Large is 54 MONKRIDGE GARDENS?

54 MONKRIDGE GARDENS is 93m² according to the EPC inspection conducted in September 2021. This puts it in the smallest 40% 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 54 MONKRIDGE GARDENS lies on this distribution: 34% of detached houses houses are smaller than 54 MONKRIDGE GARDENS, and 65% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

54 MONKRIDGE GARDENS: Plot and Title Map

54 MONKRIDGE GARDENS sits on a plot of roughly 0.168 of an acre, or 680m². The below map shows the location of 54 MONKRIDGE GARDENS, 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 54 MONKRIDGE GARDENS). 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 54 MONKRIDGE GARDENS?

54 MONKRIDGE GARDENS is located in GATESHEAD, in the NE11 postcode district. The below map shows the position of No. 54 on MONKRIDGE GARDENS.