6, SUMMERFIELD ROAD, GATESHEAD, NE9 5BD - £285,000

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.

6 SUMMERFIELD ROAD is a midsized extended semi-detached house of 110m², built sometime between 1930 and 1949, which could now be worth an estimated £370,983. It was last sold for £285,000 in November 2019, which was around 105% above the average November 2019 semi-detached price in the Gateshead local authority area. The most recent EPC inspection was July 2015, where the current energy rating was C, and the potential energy rating was B.

6 SUMMERFIELD ROAD Sold Prices

Land registry data shows three sales for 6 SUMMERFIELD ROAD 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 6 SUMMERFIELD 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
2019 25 NOV	£285,000	£139,353	105% above HPI
2016 3 FEB	£249,950	£132,296	89% above HPI
2000 23 OCT	£90,000	£50,648	78% above HPI

6 SUMMERFIELD ROAD 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 6 SUMMERFIELD ROAD sales between October 2000 and November 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 February 2016 sale was for 89% above the HPI. So the extrapolation line tracks at 89% above the HPI over time, until the November 2019 sale, where it rises to 105% above the HPI. The line then continues to track at 105% above the HPI.

What might 6 SUMMERFIELD ROAD be worth now?

6 SUMMERFIELD ROAD might now be worth an estimated £370,983.

This is based on house price inflation of 30.2%, between November 2019 and March 2026, 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 30.2% inflationary increase is applied to the most recent sale price for 6 SUMMERFIELD ROAD of £285,000 on 25th November 2019. For the value to have increased from £285,000 to £370,983 over the seven years and eight months to March 2026, the following assumptions must hold true:

• The value of 6 SUMMERFIELD ROAD has moved in line with the HPI for semi-detached houses in the Gateshead local authority area.
• The November 2019 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of 6 SUMMERFIELD ROAD has not materially changed since November 2019.

How Large is 6 SUMMERFIELD ROAD?

6 SUMMERFIELD ROAD is 110m², which includes one extension, according to the EPC inspection conducted in July 2015. This puts it in the largest 50% of semi-detached houses houses in Gateshead, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Gateshead, and where 6 SUMMERFIELD ROAD lies on this distribution: 55% of semi-detached houses houses are smaller than 6 SUMMERFIELD ROAD, and 43% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

6 SUMMERFIELD ROAD: Plot and Title Map

6 SUMMERFIELD ROAD sits on a plot of roughly 0.077 of an acre, or 312m². The below map shows the location of 6 SUMMERFIELD 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 6 SUMMERFIELD 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 6 SUMMERFIELD ROAD?

6 SUMMERFIELD ROAD is located in GATESHEAD, in the NE9 postcode district. The below map shows the position of No. 6 on SUMMERFIELD ROAD.