1, ROPERY ROAD, GATESHEAD, NE8 2HP - £200,000

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.

1 ROPERY ROAD is a very small terraced house of 83m², built sometime between 2007 and 2011, which could now be worth an estimated £233,537. It was last sold for £200,000 in September 2021, which was around 52% above the average September 2021 terraced price in the Gateshead local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was B.

1 ROPERY ROAD Sold Prices

Land registry data shows two sales for 1 ROPERY ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Gateshead local authority area for the corresponding sale date. Both of the two 1 ROPERY ROAD 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 7 SEP	£200,000	£131,956	52% above HPI
2017 24 MAR	£207,000	£108,897	90% above HPI

1 ROPERY ROAD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Gateshead local authority area over time, sourced from the HPI. The two 1 ROPERY ROAD sales from March 2017 and September 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 March 2017 sale was for 90% above the HPI. So the extrapolation line tracks at 90% above the HPI over time, until the September 2021 sale, where it falls to 52% above the HPI. The line then continues to track at 52% above the HPI.

What might 1 ROPERY ROAD be worth now?

1 ROPERY ROAD might now be worth an estimated £233,537.

This is based on house price inflation of 16.8%, between September 2021 and May 2026, for terraced 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 16.8% inflationary increase is applied to the most recent sale price for 1 ROPERY ROAD of £200,000 on 7th September 2021. For the value to have increased from £200,000 to £233,537 over the five years and four months to May 2026, the following assumptions must hold true:

• The value of 1 ROPERY ROAD has moved in line with the HPI for terraced houses in the Gateshead local authority area.
• The September 2021 sale price of £200,000 represented a fair market value for the property.
• The size, condition, and specification of 1 ROPERY ROAD has not materially changed since September 2021.

How Large is 1 ROPERY ROAD?

1 ROPERY ROAD is 83m² according to the EPC inspection conducted in May 2022. This puts it in the smallest 20% of terraced houses houses in Gateshead, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Gateshead, and where 1 ROPERY ROAD lies on this distribution: 19% of terraced houses houses are smaller than 1 ROPERY ROAD, and 80% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

1 ROPERY ROAD: Plot and Title Map

1 ROPERY ROAD sits on a plot of roughly 0.043 of an acre, or 174m². The below map shows the location of 1 ROPERY ROAD, 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 1 ROPERY ROAD). 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 1 ROPERY ROAD?

1 ROPERY ROAD is located in GATESHEAD, in the NE8 postcode district. The below map shows the position of No. 1 on ROPERY ROAD.