3, BROAD PARK, GATESHEAD, NE10 8HW - £66,500

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.

3 BROAD PARK is a very small terraced house of 51m², built sometime between 1976 and 1982, which could now be worth an estimated £182,007. It was last sold for £66,500 in September 2002, which was around 26% above the average September 2002 terraced price in the Gateshead local authority area. The most recent EPC inspection was September 2018, where the current energy rating was D, and the potential energy rating was B.

3 BROAD PARK Sold Prices

Land registry data shows three sales for 3 BROAD PARK since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Gateshead local authority area for the corresponding sale date. All of the three 3 BROAD PARK 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
2002 27 SEP	£66,500	£52,584	26% above HPI
2001 27 JUL	£51,000	£43,547	17% above HPI
1997 20 JUN	£40,000	£34,594	16% above HPI

3 BROAD PARK 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 three 3 BROAD PARK sales between June 1997 and September 2002 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 2001 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the September 2002 sale, where it rises to 26% above the HPI. The line then continues to track at 26% above the HPI.

What might 3 BROAD PARK be worth now?

3 BROAD PARK might now be worth an estimated £182,007.

This is based on house price inflation of 173.7%, between September 2002 and June 2025, 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 173.7% inflationary increase is applied to the most recent sale price for 3 BROAD PARK of £66,500 on 27th September 2002. For the value to have increased from £66,500 to £182,007 over the 23 years and three months to June 2025, the following assumptions must hold true:

• The value of 3 BROAD PARK has moved in line with the HPI for terraced houses in the Gateshead local authority area.
• The September 2002 sale price of £66,500 represented a fair market value for the property.
• The size, condition, and specification of 3 BROAD PARK has not materially changed since September 2002.

How Large is 3 BROAD PARK?

3 BROAD PARK is 51m² according to the EPC inspection conducted in September 2018. 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 3 BROAD PARK lies on this distribution: 1% of terraced houses houses are smaller than 3 BROAD PARK, and 99% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

3 BROAD PARK: Plot and Title Map

3 BROAD PARK sits on a plot of roughly 0.028 of an acre, or 115m². The below map shows the location of 3 BROAD PARK, 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 3 BROAD PARK). 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 3 BROAD PARK?

3 BROAD PARK is located in GATESHEAD, in the NE10 postcode district. The below map shows the position of No. 3 on BROAD PARK.