16, ARMSTRONG STREET, GATESHEAD, NE8 4ZS - £185,000

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.

16 ARMSTRONG STREET is a midsized terraced house of 100m², which could now be worth an estimated £202,189. It was last sold for £185,000 in April 2023, which was around 34% above the average April 2023 terraced price in the Gateshead local authority area. The most recent EPC inspection was August 2017, where the current energy rating was B, and the potential energy rating was B.

16 ARMSTRONG STREET Sold Prices

Land registry data shows two sales for 16 ARMSTRONG STREET 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 16 ARMSTRONG STREET 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
2023 5 APR	£185,000	£138,558	34% above HPI
2017 15 SEP	£174,950	£114,077	53% above HPI

16 ARMSTRONG STREET 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 16 ARMSTRONG STREET sales from September 2017 and April 2023 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 September 2017 sale was for 53% above the HPI. So the extrapolation line tracks at 53% above the HPI over time, until the April 2023 sale, where it falls to 34% above the HPI. The line then continues to track at 34% above the HPI.

What might 16 ARMSTRONG STREET be worth now?

16 ARMSTRONG STREET might now be worth an estimated £202,189.

This is based on house price inflation of 9.3%, between April 2023 and March 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 9.3% inflationary increase is applied to the most recent sale price for 16 ARMSTRONG STREET of £185,000 on 5th April 2023. For the value to have increased from £185,000 to £202,189 over the three years and one month to March 2026, the following assumptions must hold true:

• The value of 16 ARMSTRONG STREET has moved in line with the HPI for terraced houses in the Gateshead local authority area.
• The April 2023 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of 16 ARMSTRONG STREET has not materially changed since April 2023.

How Large is 16 ARMSTRONG STREET?

16 ARMSTRONG STREET is 100m² according to the EPC inspection conducted in August 2017. This puts it in the smallest 50% 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 16 ARMSTRONG STREET lies on this distribution: 42% of terraced houses houses are smaller than 16 ARMSTRONG STREET, and 57% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

16 ARMSTRONG STREET: Plot and Title Map

16 ARMSTRONG STREET sits on a plot of roughly 0.035 of an acre, or 140m². The below map shows the location of 16 ARMSTRONG STREET, 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 16 ARMSTRONG STREET). 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 16 ARMSTRONG STREET?

16 ARMSTRONG STREET is located in GATESHEAD, in the NE8 postcode district. The below map shows the position of No. 16 on ARMSTRONG STREET.