199, MERESYDE, GATESHEAD, NE10 8PE - £78,950

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.

199 MERESYDE is a very small terraced house of 64m², built sometime between 1950 and 1966, which could now be worth an estimated £111,754. It was last sold for £78,950 in November 2014, which was around 27% below the average November 2014 terraced price in the Gateshead local authority area. The most recent EPC inspection was March 2014, where the current energy rating was E, and the potential energy rating was B.

199 MERESYDE Sold Prices

Land registry data shows two sales for 199 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 199 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
2014 7 NOV	£78,950	£108,854	27% below HPI
2005 22 APR	£89,950	£94,292	5% below HPI

199 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 199 MERESYDE sales from April 2005 and November 2014 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 April 2005 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the November 2014 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 199 MERESYDE be worth now?

199 MERESYDE might now be worth an estimated £111,754.

This is based on house price inflation of 41.6%, between November 2014 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 41.6% inflationary increase is applied to the most recent sale price for 199 MERESYDE of £78,950 on 7th November 2014. For the value to have increased from £78,950 to £111,754 over the twelve years and six months to May 2026, the following assumptions must hold true:

• The value of 199 MERESYDE has moved in line with the HPI for terraced houses in the Gateshead local authority area.
• The November 2014 sale price of £78,950 represented a fair market value for the property.
• The size, condition, and specification of 199 MERESYDE has not materially changed since November 2014.

How Large is 199 MERESYDE?

199 MERESYDE is 64m² according to the EPC inspection conducted in March 2014. 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 199 MERESYDE lies on this distribution: 5% of terraced houses houses are smaller than 199 MERESYDE, and 95% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

199 MERESYDE: Plot and Title Map

199 MERESYDE sits on a plot of roughly 0.026 of an acre, or 106m². The below map shows the location of 199 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 199 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 199 MERESYDE?

199 MERESYDE is located in GATESHEAD, in the NE10 postcode district. The below map shows the position of No. 199 on MERESYDE.