7, WESTMINSTER DRIVE, GATESHEAD, NE11 9PU - £260,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

7 WESTMINSTER DRIVE is a small semi-detached house of 85m², built sometime between 1976 and 1982. It was last sold for £260,000 in July 2021, which was around 5% above the average July 2021 detached price in the Gateshead local authority area. The most recent EPC inspection was June 2021, where the current energy rating was C, and the potential energy rating was B.

7 WESTMINSTER DRIVE Sold Prices

Land registry data shows two sales for 7 WESTMINSTER DRIVE 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. Both of the two 7 WESTMINSTER DRIVE 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
2021 26 JUL	£260,000	£248,406	5% above HPI
2001 4 MAY	£97,000	£93,598	4% above HPI

7 WESTMINSTER DRIVE 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 7 WESTMINSTER DRIVE sales from May 2001 and July 2021 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 2001 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the July 2021 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is 7 WESTMINSTER DRIVE?

7 WESTMINSTER DRIVE is 85m² according to the EPC inspection conducted in June 2021. This puts it in the smallest 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 7 WESTMINSTER DRIVE lies on this distribution: 23% of detached houses are smaller than 7 WESTMINSTER DRIVE, and 76% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

7 WESTMINSTER DRIVE: Plot and Title Map

7 WESTMINSTER DRIVE sits on a plot of roughly 0.109 of an acre, or 441m². The below map shows the location of 7 WESTMINSTER DRIVE, 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 7 WESTMINSTER DRIVE). 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 7 WESTMINSTER DRIVE?

7 WESTMINSTER DRIVE is located in GATESHEAD, in the NE11 postcode district. The below map shows the position of No. 7 on WESTMINSTER DRIVE.