38A, WARWICK AVENUE, WHICKHAM, NEWCASTLE UPON TYNE, NE16 5JQ - £418,000

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.

38A WARWICK AVENUE is a large extended semi-detached house of 141m², built sometime between 1900 and 1929, which could now be worth an estimated £434,226. It was last sold for £418,000 in June 2022, which was around 152% above the average June 2022 semi-detached price in the Gateshead local authority area. The most recent EPC inspection was February 2018, where the current energy rating was E, and the potential energy rating was C.

38A WARWICK AVENUE Sold Prices

Land registry data shows two sales for 38A WARWICK AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Gateshead local authority area for the corresponding sale date. Both of the two 38A WARWICK AVENUE 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
2022 17 JUN	£418,000	£166,133	152% above HPI
2018 21 SEP	£255,000	£141,779	80% above HPI

38A WARWICK AVENUE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Gateshead local authority area over time, sourced from the HPI. The two 38A WARWICK AVENUE sales from September 2018 and June 2022 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 September 2018 sale was for 80% above the HPI. So the extrapolation line tracks at 80% above the HPI over time, until the June 2022 sale, where it rises to 152% above the HPI. The line then continues to track at 152% above the HPI.

What might 38A WARWICK AVENUE be worth now?

38A WARWICK AVENUE might now be worth an estimated £434,226.

This is based on house price inflation of 3.9%, between June 2022 and February 2025, 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 3.9% inflationary increase is applied to the most recent sale price for 38A WARWICK AVENUE of £418,000 on 17th June 2022. For the value to have increased from £418,000 to £434,226 over the three years and four months to February 2025, the following assumptions must hold true:

• The value of 38A WARWICK AVENUE has moved in line with the HPI for semi-detached houses in the Gateshead local authority area.
• The June 2022 sale price of £418,000 represented a fair market value for the property.
• The size, condition, and specification of 38A WARWICK AVENUE has not materially changed since June 2022.

How Large is 38A WARWICK AVENUE?

38A WARWICK AVENUE is 141m², which includes two extensions, according to the EPC inspection conducted in February 2018. This puts it in the largest 30% of semi-detached houses houses in Whickham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Whickham, and where 38A WARWICK AVENUE lies on this distribution: 71% of semi-detached houses houses are smaller than 38A WARWICK AVENUE, and 28% of houses are larger. Note that EPC data is not available for all properties in Whickham.

38A WARWICK AVENUE: Plot and Title Map

38A WARWICK AVENUE sits on a plot of roughly 0.148 of an acre, or 597m². The below map shows the location of 38A WARWICK AVENUE, 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 38A WARWICK AVENUE). 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 38A WARWICK AVENUE?

38A WARWICK AVENUE is located in WHICKHAM, in the NE16 postcode district. The below map shows the position of No. 38A on WARWICK AVENUE.