68, COBDEN TERRACE, GATESHEAD, NE8 3TB - £75,000

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.

68 COBDEN TERRACE is a very small terraced house of 47m², built sometime between 1983 and 1990, which could now be worth an estimated £95,745. It was last sold for £75,000 in February 2018, which was around 33% below the average February 2018 terraced price in the Gateshead local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was B.

68 COBDEN TERRACE Sold Prices

Land registry data shows three sales for 68 COBDEN TERRACE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Gateshead local authority area for the corresponding sale date. All of the three 68 COBDEN TERRACE 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
2018 16 FEB	£75,000	£112,737	33% below HPI
2013 18 MAR	£79,950	£103,823	23% below HPI
2005 1 AUG	£88,000	£105,175	16% below HPI

68 COBDEN TERRACE 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 three 68 COBDEN TERRACE sales between August 2005 and February 2018 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 2013 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the February 2018 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 68 COBDEN TERRACE be worth now?

68 COBDEN TERRACE might now be worth an estimated £95,745.

This is based on house price inflation of 27.7%, between February 2018 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 27.7% inflationary increase is applied to the most recent sale price for 68 COBDEN TERRACE of £75,000 on 16th February 2018. For the value to have increased from £75,000 to £95,745 over the six years and eight months to June 2025, the following assumptions must hold true:

• The value of 68 COBDEN TERRACE has moved in line with the HPI for terraced houses in the Gateshead local authority area.
• The February 2018 sale price of £75,000 represented a fair market value for the property.
• The size, condition, and specification of 68 COBDEN TERRACE has not materially changed since February 2018.

How Large is 68 COBDEN TERRACE?

68 COBDEN TERRACE is 47m² according to the EPC inspection conducted in May 2016. This puts it in the smallest 10% 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 68 COBDEN TERRACE lies on this distribution: 1% of terraced houses houses are smaller than 68 COBDEN TERRACE, and 99% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

68 COBDEN TERRACE: Plot and Title Map

68 COBDEN TERRACE sits on a plot of roughly 0.023 of an acre, or 94m². The below map shows the location of 68 COBDEN TERRACE, 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 68 COBDEN TERRACE). 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 68 COBDEN TERRACE?

68 COBDEN TERRACE is located in GATESHEAD, in the NE8 postcode district. The below map shows the position of No. 68 on COBDEN TERRACE.