54, JOICEY ROAD, GATESHEAD, NE9 5HN - £295,000

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.

54 JOICEY ROAD is a midsized terraced house of 104m², built sometime between 1900 and 1929, which could now be worth an estimated £321,747. It was last sold for £295,000 in September 2021, which was around 124% above the average September 2021 terraced price in the Gateshead local authority area. The most recent EPC inspection was April 2014, where the current energy rating was E, and the potential energy rating was C.

54 JOICEY ROAD Sold Prices

Land registry data shows two sales for 54 JOICEY ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Gateshead local authority area for the corresponding sale date. Both of the two 54 JOICEY ROAD 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
2021 30 SEP	£295,000	£131,956	124% above HPI
2021 8 JAN	£197,500	£123,949	59% above HPI

54 JOICEY ROAD 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 two 54 JOICEY ROAD sales from January 2021 and September 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 January 2021 sale was for 59% above the HPI. So the extrapolation line tracks at 59% above the HPI over time, until the September 2021 sale, where it rises to 124% above the HPI. The line then continues to track at 124% above the HPI.

What might 54 JOICEY ROAD be worth now?

54 JOICEY ROAD might now be worth an estimated £321,747.

This is based on house price inflation of 9.1%, between September 2021 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 9.1% inflationary increase is applied to the most recent sale price for 54 JOICEY ROAD of £295,000 on 30th September 2021. For the value to have increased from £295,000 to £321,747 over the four years and three months to June 2025, the following assumptions must hold true:

• The value of 54 JOICEY ROAD has moved in line with the HPI for terraced houses in the Gateshead local authority area.
• The September 2021 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 54 JOICEY ROAD has not materially changed since September 2021.

How Large is 54 JOICEY ROAD?

54 JOICEY ROAD is 104m² according to the EPC inspection conducted in April 2014. This puts it in the smallest 50% 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 54 JOICEY ROAD lies on this distribution: 48% of terraced houses houses are smaller than 54 JOICEY ROAD, and 51% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

54 JOICEY ROAD: Plot and Title Map

54 JOICEY ROAD sits on a plot of roughly 0.036 of an acre, or 146m². The below map shows the location of 54 JOICEY 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 54 JOICEY 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 54 JOICEY ROAD?

54 JOICEY ROAD is located in GATESHEAD, in the NE9 postcode district. The below map shows the position of No. 54 on JOICEY ROAD.