59, PALATINE PLACE, GATESHEAD, NE11 9SR - £235,000

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

59 PALATINE PLACE is a large semi-detached house of 127m², built sometime between 2007 and 2011. It was last sold for £235,000 in June 2023, which was around 17% below the average June 2023 detached price in the Gateshead local authority area. The most recent EPC inspection was June 2023, where the current energy rating was C, and the potential energy rating was B.

59 PALATINE PLACE Sold Prices

Land registry data shows three sales for 59 PALATINE PLACE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Gateshead local authority area for the corresponding sale date. All of the three 59 PALATINE 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 19 JUN	£235,000	£281,776	17% below HPI
2015 30 JAN	£170,000	£209,870	19% below HPI
2006 28 JUL	£182,000	£213,145	15% below HPI

59 PALATINE PLACE 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 three 59 PALATINE PLACE sales between July 2006 and June 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 January 2015 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the June 2023 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 59 PALATINE PLACE?

59 PALATINE PLACE is 127m² according to the EPC inspection conducted in June 2023. This puts it in the largest 30% of detached houses in Gateshead, based on EPC data. The below chart shows the distribution of detached houses by size in Gateshead, and where 59 PALATINE PLACE lies on this distribution: 74% of detached houses are smaller than 59 PALATINE PLACE, and 26% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

59 PALATINE PLACE: Plot and Title Map

59 PALATINE PLACE sits on a plot of roughly 0.038 of an acre, or 155m². The below map shows the location of 59 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 59 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 59 PALATINE PLACE?

59 PALATINE PLACE is located in GATESHEAD, in the NE11 postcode district. The below map shows the position of No. 59 on PALATINE PLACE.