8, RIVERSIDE WAY, ROWLANDS GILL, NE39 1EJ - £480,000

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

8 RIVERSIDE WAY is a large detached house of 182m², built sometime between 1976 and 1982, which could now be worth an estimated £601,117. It was last sold for £480,000 in February 2018, which was around 114% above the average February 2018 detached price in the Gateshead local authority area. The most recent EPC inspection was August 2017, where the current energy rating was D, and the potential energy rating was C.

8 RIVERSIDE WAY Sold Prices

Land registry data shows two sales for 8 RIVERSIDE WAY 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 8 RIVERSIDE WAY 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
2018 16 FEB	£480,000	£224,387	114% above HPI
2011 9 FEB	£365,000	£200,074	82% above HPI

8 RIVERSIDE WAY 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 8 RIVERSIDE WAY sales from February 2011 and February 2018 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 February 2011 sale was for 82% above the HPI. So the extrapolation line tracks at 82% above the HPI over time, until the February 2018 sale, where it rises to 114% above the HPI. The line then continues to track at 114% above the HPI.

What might 8 RIVERSIDE WAY be worth now?

8 RIVERSIDE WAY might now be worth an estimated £601,117.

This is based on house price inflation of 25.2%, between February 2018 and February 2025, for 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 25.2% inflationary increase is applied to the most recent sale price for 8 RIVERSIDE WAY of £480,000 on 16th February 2018. For the value to have increased from £480,000 to £601,117 over the seven years to February 2025, the following assumptions must hold true:

• The value of 8 RIVERSIDE WAY has moved in line with the HPI for detached houses in the Gateshead local authority area.
• The February 2018 sale price of £480,000 represented a fair market value for the property.
• The size, condition, and specification of 8 RIVERSIDE WAY has not materially changed since February 2018.

How Large is 8 RIVERSIDE WAY?

8 RIVERSIDE WAY is 182m² according to the EPC inspection conducted in August 2017. This puts it in the largest 30% of detached houses houses in Rowlands Gill, based on EPC data. The below chart shows the distribution of detached houses houses by size in Rowlands Gill, and where 8 RIVERSIDE WAY lies on this distribution: 79% of detached houses houses are smaller than 8 RIVERSIDE WAY, and 21% of houses are larger. Note that EPC data is not available for all properties in Rowlands Gill.

8 RIVERSIDE WAY: Plot and Title Map

8 RIVERSIDE WAY sits on a plot of roughly 0.564 of an acre, or 2,283m². The below map shows the location of 8 RIVERSIDE WAY, 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 RIVERSIDE WAY). 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 RIVERSIDE WAY?

8 RIVERSIDE WAY is located in ROWLANDS GILL, in the NE39 postcode district. The below map shows the position of No. 8 on RIVERSIDE WAY.