53, WHICKHAM BANK, SWALWELL, NEWCASTLE UPON TYNE, NE16 3JL - £107,500

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.

53 WHICKHAM BANK is a very small extended semi-detached house of 69m², built sometime between 1950 and 1966, which could now be worth an estimated £130,737. It was last sold for £107,500 in May 2019, which was around 24% below the average May 2019 semi-detached price in the Gateshead local authority area. The most recent EPC inspection was October 2018, where the current energy rating was C, and the potential energy rating was B.

53 WHICKHAM BANK Sold Prices

Land registry data shows three sales for 53 WHICKHAM BANK since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Gateshead local authority area for the corresponding sale date. All of the three 53 WHICKHAM BANK sales were for below 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
2019 29 MAY	£107,500	£141,907	24% below HPI
2007 9 MAR	£99,950	£132,354	24% below HPI
2004 29 NOV	£95,000	£112,986	16% below HPI

53 WHICKHAM BANK 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 three 53 WHICKHAM BANK sales between November 2004 and May 2019 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 March 2007 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the May 2019 sale, which was also at 24% below the HPI.

What might 53 WHICKHAM BANK be worth now?

53 WHICKHAM BANK might now be worth an estimated £130,737.

This is based on house price inflation of 21.6%, between May 2019 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 21.6% inflationary increase is applied to the most recent sale price for 53 WHICKHAM BANK of £107,500 on 29th May 2019. For the value to have increased from £107,500 to £130,737 over the six years and three months to February 2025, the following assumptions must hold true:

• The value of 53 WHICKHAM BANK has moved in line with the HPI for semi-detached houses in the Gateshead local authority area.
• The May 2019 sale price of £107,500 represented a fair market value for the property.
• The size, condition, and specification of 53 WHICKHAM BANK has not materially changed since May 2019.

How Large is 53 WHICKHAM BANK?

53 WHICKHAM BANK is 69m², which includes one extension, according to the EPC inspection conducted in October 2018. This puts it in the smallest 10% 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 53 WHICKHAM BANK lies on this distribution: 5% of semi-detached houses houses are smaller than 53 WHICKHAM BANK, and 95% of houses are larger. Note that EPC data is not available for all properties in Whickham.

53 WHICKHAM BANK: Plot and Title Map

53 WHICKHAM BANK sits on a plot of roughly 0.082 of an acre, or 332m². The below map shows the location of 53 WHICKHAM BANK, 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 53 WHICKHAM BANK). 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 53 WHICKHAM BANK?

53 WHICKHAM BANK is located in SWALWELL, in the NE16 postcode district. The below map shows the position of No. 53 on WHICKHAM BANK.