8, QUEENS DRIVE, WHICKHAM, NEWCASTLE UPON TYNE, NE16 4PX - £395,000

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.

8 QUEENS DRIVE is a large extended semi-detached house of 142m², built sometime between 1930 and 1949, which could now be worth an estimated £450,448. It was last sold for £395,000 in November 2020, which was around 161% above the average November 2020 semi-detached price in the Gateshead local authority area. The most recent EPC inspection was April 2017, where the current energy rating was C, and the potential energy rating was B.

8 QUEENS DRIVE Sold Prices

Land registry data shows two sales for 8 QUEENS DRIVE 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 8 QUEENS 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
2020 27 NOV	£395,000	£151,338	161% above HPI
2018 30 AUG	£300,000	£141,971	111% above HPI

8 QUEENS DRIVE 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 8 QUEENS DRIVE sales from August 2018 and November 2020 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 2018 sale was for 111% above the HPI. So the extrapolation line tracks at 111% above the HPI over time, until the November 2020 sale, where it rises to 161% above the HPI. The line then continues to track at 161% above the HPI.

What might 8 QUEENS DRIVE be worth now?

8 QUEENS DRIVE might now be worth an estimated £450,448.

This is based on house price inflation of 14%, between November 2020 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 14% inflationary increase is applied to the most recent sale price for 8 QUEENS DRIVE of £395,000 on 27th November 2020. For the value to have increased from £395,000 to £450,448 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of 8 QUEENS DRIVE has moved in line with the HPI for semi-detached houses in the Gateshead local authority area.
• The November 2020 sale price of £395,000 represented a fair market value for the property.
• The size, condition, and specification of 8 QUEENS DRIVE has not materially changed since November 2020.

How Large is 8 QUEENS DRIVE?

8 QUEENS DRIVE is 142m², which includes one extension, according to the EPC inspection conducted in April 2017. This puts it in the largest 30% of semi-detached houses houses in Whickham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Whickham, and where 8 QUEENS DRIVE lies on this distribution: 72% of semi-detached houses houses are smaller than 8 QUEENS DRIVE, and 28% of houses are larger. Note that EPC data is not available for all properties in Whickham.

8 QUEENS DRIVE: Plot and Title Map

8 QUEENS DRIVE sits on a plot of roughly 0.070 of an acre, or 284m². The below map shows the location of 8 QUEENS 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 8 QUEENS 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 8 QUEENS DRIVE?

8 QUEENS DRIVE is located in WHICKHAM, in the NE16 postcode district. The below map shows the position of No. 8 on QUEENS DRIVE.