40, WARWICK AVENUE, WHICKHAM, NEWCASTLE UPON TYNE, NE16 5JQ - £310,000

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.

40 WARWICK AVENUE is a midsized extended semi-detached house of 110m², built sometime between 1967 and 1975, which could now be worth an estimated £322,034. It was last sold for £310,000 in June 2022, which was around 87% above the average June 2022 semi-detached price in the Gateshead local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was B.

40 WARWICK AVENUE Sold Prices

Land registry data shows two sales for 40 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 40 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 20 JUN	£310,000	£166,133	87% above HPI
2003 12 SEP	£178,000	£91,440	95% above HPI

40 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 40 WARWICK AVENUE sales from September 2003 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 2003 sale was for 95% above the HPI. So the extrapolation line tracks at 95% above the HPI over time, until the June 2022 sale, where it falls to 87% above the HPI. The line then continues to track at 87% above the HPI.

What might 40 WARWICK AVENUE be worth now?

40 WARWICK AVENUE might now be worth an estimated £322,034.

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 40 WARWICK AVENUE of £310,000 on 20th June 2022. For the value to have increased from £310,000 to £322,034 over the three years and four months to February 2025, the following assumptions must hold true:

• The value of 40 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 £310,000 represented a fair market value for the property.
• The size, condition, and specification of 40 WARWICK AVENUE has not materially changed since June 2022.

How Large is 40 WARWICK AVENUE?

40 WARWICK AVENUE is 110m², which includes one extension, according to the EPC inspection conducted in March 2022. This puts it in the smallest 50% 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 40 WARWICK AVENUE lies on this distribution: 45% of semi-detached houses houses are smaller than 40 WARWICK AVENUE, and 55% of houses are larger. Note that EPC data is not available for all properties in Whickham.

40 WARWICK AVENUE: Plot and Title Map

40 WARWICK AVENUE sits on a plot of roughly 0.093 of an acre, or 375m². The below map shows the location of 40 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 40 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 40 WARWICK AVENUE?

40 WARWICK AVENUE is located in WHICKHAM, in the NE16 postcode district. The below map shows the position of No. 40 on WARWICK AVENUE.