58, PALATINE PLACE, GATESHEAD, NE11 9SR - £162,000

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

58 PALATINE PLACE is a large semi-detached house of 124m², built sometime between 2003 and 2006. It was last sold for £162,000 in January 2014, which was around 31% above the average January 2014 semi-detached price in the Gateshead local authority area. The most recent EPC inspection was May 2012, where the current energy rating was C, and the potential energy rating was B.

58 PALATINE PLACE Sold Prices

Land registry data shows two sales for 58 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. Both of the two 58 PALATINE PLACE sales were 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
2014 24 JAN	£162,000	£123,696	31% above HPI
2006 25 AUG	£184,950	£133,725	38% above HPI

58 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 58 PALATINE PLACE sales from August 2006 and January 2014 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 August 2006 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the January 2014 sale, where it falls to 31% above the HPI. The line then continues to track at 31% above the HPI.

What might 58 PALATINE PLACE be worth now?

58 PALATINE PLACE might now be worth an estimated £230,603.

This is based on house price inflation of 42.3%, between January 2014 and December 2024, 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 42.3% inflationary increase is applied to the most recent sale price for 58 PALATINE PLACE of £162,000 on 24th January 2014. For the value to have increased from £162,000 to £230,603 over the nine years and one month to December 2024, the following assumptions must hold true:

• The value of 58 PALATINE PLACE has moved in line with the HPI for semi-detached houses in the Gateshead local authority area.
• The January 2014 sale price of £162,000 represented a fair market value for the property.
• The size, condition, and specification of 58 PALATINE PLACE has not materially changed since January 2014.

How Large is 58 PALATINE PLACE?

58 PALATINE PLACE is 124m² according to the EPC inspection conducted in May 2012. This puts it in the largest 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 58 PALATINE PLACE lies on this distribution: 71% of semi-detached houses houses are smaller than 58 PALATINE PLACE, and 29% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

58 PALATINE PLACE: Plot and Title Map

58 PALATINE PLACE sits on a plot of roughly 0.066 of an acre, or 268m². The below map shows the location of 58 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 58 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 58 PALATINE PLACE?

58 PALATINE PLACE is located in GATESHEAD, in the NE11 postcode district. The below map shows the position of No. 58 on PALATINE PLACE.