183, MERESYDE, GATESHEAD, NE10 8PE - £91,000

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.

183 MERESYDE is a very small terraced house of 71m², built sometime between 1930 and 1949, which could now be worth an estimated £109,468. It was last sold for £91,000 in March 2021, which was around 29% below the average March 2021 terraced price in the Gateshead local authority area. The most recent EPC inspection was May 2020, where the current energy rating was C, and the potential energy rating was B.

183 MERESYDE Sold Prices

Land registry data shows two sales for 183 MERESYDE 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 183 MERESYDE sales were for below 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 5 MAR	£91,000	£128,088	29% below HPI
2010 23 JUL	£75,000	£104,401	28% below HPI

183 MERESYDE 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 183 MERESYDE sales from July 2010 and March 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 July 2010 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the March 2021 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 183 MERESYDE be worth now?

183 MERESYDE might now be worth an estimated £109,468.

This is based on house price inflation of 20.3%, between March 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 20.3% inflationary increase is applied to the most recent sale price for 183 MERESYDE of £91,000 on 5th March 2021. For the value to have increased from £91,000 to £109,468 over the four years and ten months to May 2026, the following assumptions must hold true:

• The value of 183 MERESYDE has moved in line with the HPI for terraced houses in the Gateshead local authority area.
• The March 2021 sale price of £91,000 represented a fair market value for the property.
• The size, condition, and specification of 183 MERESYDE has not materially changed since March 2021.

How Large is 183 MERESYDE?

183 MERESYDE is 71m² according to the EPC inspection conducted in May 2020. This puts it in the smallest 10% 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 183 MERESYDE lies on this distribution: 8% of terraced houses houses are smaller than 183 MERESYDE, and 91% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

183 MERESYDE: Plot and Title Map

183 MERESYDE sits on a plot of roughly 0.029 of an acre, or 117m². The below map shows the location of 183 MERESYDE, 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 183 MERESYDE). 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 183 MERESYDE?

183 MERESYDE is located in GATESHEAD, in the NE10 postcode district. The below map shows the position of No. 183 on MERESYDE.