57, PALATINE PLACE, GATESHEAD, NE11 9SR - £149,950

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.

57 PALATINE PLACE is a small semi-detached house of 84m², built sometime between 2003 and 2006, which could now be worth an estimated £179,915. It was last sold for £149,950 in June 2019, which was around 4% above the average June 2019 semi-detached price in the Gateshead local authority area. The most recent EPC inspection was March 2019, where the current energy rating was C, and the potential energy rating was B.

57 PALATINE PLACE Sold Prices

Land registry data shows two sales for 57 PALATINE PLACE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Gateshead local authority area for the corresponding sale date. One of the two 57 PALATINE PLACE 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
2019 7 JUN	£149,950	£143,838	4% above HPI
2009 28 MAY	£115,000	£121,124	5% below HPI

57 PALATINE PLACE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Gateshead local authority area over time, sourced from the HPI. The two 57 PALATINE PLACE sales from May 2009 and June 2019 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 May 2009 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the June 2019 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 57 PALATINE PLACE be worth now?

57 PALATINE PLACE might now be worth an estimated £179,915.

This is based on house price inflation of 20%, between June 2019 and February 2025, for semi-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 20% inflationary increase is applied to the most recent sale price for 57 PALATINE PLACE of £149,950 on 7th June 2019. For the value to have increased from £149,950 to £179,915 over the six years and four months to February 2025, the following assumptions must hold true:

• The value of 57 PALATINE PLACE has moved in line with the HPI for semi-detached houses in the Gateshead local authority area.
• The June 2019 sale price of £149,950 represented a fair market value for the property.
• The size, condition, and specification of 57 PALATINE PLACE has not materially changed since June 2019.

How Large is 57 PALATINE PLACE?

57 PALATINE PLACE is 84m² according to the EPC inspection conducted in March 2019. This puts it in the smallest 30% of semi-detached houses houses in Gateshead, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Gateshead, and where 57 PALATINE PLACE lies on this distribution: 21% of semi-detached houses houses are smaller than 57 PALATINE PLACE, and 78% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

57 PALATINE PLACE: Plot and Title Map

57 PALATINE PLACE sits on a plot of roughly 0.032 of an acre, or 128m². The below map shows the location of 57 PALATINE 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 57 PALATINE 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.

Where is 57 PALATINE PLACE?

57 PALATINE PLACE is located in GATESHEAD, in the NE11 postcode district. The below map shows the position of No. 57 on PALATINE PLACE.