31, SOUTH HILL ROAD, GATESHEAD, NE8 2XZ - £265,000

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.

31 SOUTH HILL ROAD is a large extended detached house of 116m², built sometime between 1991 and 1995, which could now be worth an estimated £295,815. It was last sold for £265,000 in August 2021, which was around 6% above the average August 2021 detached price in the Gateshead local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was C.

31 SOUTH HILL ROAD Sold Prices

Land registry data shows three sales for 31 SOUTH HILL ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Gateshead local authority area for the corresponding sale date. The three 31 SOUTH HILL ROAD sales were a mix of above the average price, and roughly equal to 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 19 AUG	£265,000	£251,112	6% above HPI
2015 20 AUG	£215,000	£212,210	1% above HPI
2002 29 AUG	£115,000	£115,512	Close to HPI

31 SOUTH HILL ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Gateshead local authority area over time, sourced from the HPI. The three 31 SOUTH HILL ROAD sales between August 2002 and August 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 August 2015 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the August 2021 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

What might 31 SOUTH HILL ROAD be worth now?

31 SOUTH HILL ROAD might now be worth an estimated £295,815.

This is based on house price inflation of 11.6%, between August 2021 and June 2025, for 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 11.6% inflationary increase is applied to the most recent sale price for 31 SOUTH HILL ROAD of £265,000 on 19th August 2021. For the value to have increased from £265,000 to £295,815 over the four years and two months to June 2025, the following assumptions must hold true:

• The value of 31 SOUTH HILL ROAD has moved in line with the HPI for detached houses in the Gateshead local authority area.
• The August 2021 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of 31 SOUTH HILL ROAD has not materially changed since August 2021.

How Large is 31 SOUTH HILL ROAD?

31 SOUTH HILL ROAD is 116m², which includes one extension, according to the EPC inspection conducted in November 2014. This puts it in the largest 40% of detached houses houses in Gateshead, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gateshead, and where 31 SOUTH HILL ROAD lies on this distribution: 64% of detached houses houses are smaller than 31 SOUTH HILL ROAD, and 34% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

31 SOUTH HILL ROAD: Plot and Title Map

31 SOUTH HILL ROAD sits on a plot of roughly 0.089 of an acre, or 361m². The below map shows the location of 31 SOUTH HILL ROAD, 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 31 SOUTH HILL ROAD). 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 31 SOUTH HILL ROAD?

31 SOUTH HILL ROAD is located in GATESHEAD, in the NE8 postcode district. The below map shows the position of No. 31 on SOUTH HILL ROAD.