HILLCREST, ROCKCLIFFE WAY, EIGHTON BANKS, GATESHEAD, NE9 7XR - £189,950

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

HILLCREST is a midsized extended semi-detached house of 107m², built sometime between 1900 and 1929, which could now be worth an estimated £274,898. It was last sold for £189,950 in May 2010, which was around 56% above the average May 2010 semi-detached price in the Gateshead local authority area. The most recent EPC inspection was January 2010, where the current energy rating was D, and the potential energy rating was D.

HILLCREST Sold Prices

Land registry data shows two sales for HILLCREST 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 HILLCREST 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
2010 21 MAY	£189,950	£121,667	56% above HPI
2009 7 MAY	£131,500	£121,124	9% above HPI

HILLCREST 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 HILLCREST sales from May 2009 and May 2010 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 2009 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the May 2010 sale, where it rises to 56% above the HPI. The line then continues to track at 56% above the HPI.

What might HILLCREST be worth now?

HILLCREST might now be worth an estimated £274,898.

This is based on house price inflation of 44.7%, between May 2010 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 44.7% inflationary increase is applied to the most recent sale price for HILLCREST of £189,950 on 21st May 2010. For the value to have increased from £189,950 to £274,898 over the thirteen years and five months to December 2024, the following assumptions must hold true:

• The value of HILLCREST has moved in line with the HPI for semi-detached houses in the Gateshead local authority area.
• The May 2010 sale price of £189,950 represented a fair market value for the property.
• The size, condition, and specification of HILLCREST has not materially changed since May 2010.

How Large is HILLCREST?

HILLCREST is 107m², which includes one extension, according to the EPC inspection conducted in January 2010. This puts it in the largest 50% 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 HILLCREST lies on this distribution: 53% of semi-detached houses houses are smaller than HILLCREST, and 47% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

HILLCREST: Plot and Title Map

HILLCREST sits on a plot of roughly 0.046 of an acre, or 185m². The below map shows the location of HILLCREST, 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 HILLCREST). 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 HILLCREST?

HILLCREST is located on ROCKCLIFFE WAY in EIGHTON BANKS, in the NE9 postcode district. The below map shows the position of HILLCREST on ROCKCLIFFE WAY.