2, COLEGATE, GATESHEAD, NE10 8PN - £70,000

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.

2 COLEGATE is a very small semi-detached house of 69m², built sometime between 1950 and 1966, which could now be worth an estimated £96,855. It was last sold for £70,000 in October 2015, which was around 47% below the average October 2015 semi-detached price in the Gateshead local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was B.

2 COLEGATE Sold Prices

Land registry data shows one sale for 2 COLEGATE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average semi-detached price in the Gateshead local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2015 23 OCT	£70,000	£131,100	47% below HPI

What might 2 COLEGATE be worth now?

2 COLEGATE might now be worth an estimated £96,855.

This is based on house price inflation of 38.4%, between October 2015 and March 2026, 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 38.4% inflationary increase is applied to the most recent sale price for 2 COLEGATE of £70,000 on 23rd October 2015. For the value to have increased from £70,000 to £96,855 over the eleven years and seven months to March 2026, the following assumptions must hold true:

• The value of 2 COLEGATE has moved in line with the HPI for semi-detached houses in the Gateshead local authority area.
• The October 2015 sale price of £70,000 represented a fair market value for the property.
• The size, condition, and specification of 2 COLEGATE has not materially changed since October 2015.

How Large is 2 COLEGATE?

2 COLEGATE is 69m² according to the EPC inspection conducted in March 2015. This puts it in the smallest 20% of semi-detached houses in Gateshead, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Gateshead, and where 2 COLEGATE lies on this distribution: 20% of semi-detached houses are smaller than 2 COLEGATE, and 78% of semi-detached houses are larger. Note that EPC data is not available for all properties in Gateshead.

2 COLEGATE: Plot

2 COLEGATE sits on a plot of roughly 0.043 of an acre, or 172m².

Where is 2 COLEGATE?

2 COLEGATE is located in GATESHEAD, in the NE10 postcode district.