7, CHILSIDE ROAD, GATESHEAD, NE10 9DY - £125,000

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.

7 CHILSIDE ROAD is a small semi-detached house of 89m², built sometime between 1930 and 1949, which could now be worth an estimated £156,356. It was last sold for £125,000 in June 2020, which was around 9% below the average June 2020 semi-detached price in the Gateshead local authority area. The most recent EPC inspection was December 2014, where the current energy rating was C, and the potential energy rating was B.

7 CHILSIDE ROAD Sold Prices

Land registry data shows two sales for 7 CHILSIDE ROAD 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 7 CHILSIDE ROAD 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
2020 1 JUN	£125,000	£137,974	9% below HPI
2015 2 APR	£92,000	£125,966	27% below HPI

7 CHILSIDE 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 two 7 CHILSIDE ROAD sales from April 2015 and June 2020 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 April 2015 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the June 2020 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 7 CHILSIDE ROAD be worth now?

7 CHILSIDE ROAD might now be worth an estimated £156,356.

This is based on house price inflation of 25.1%, between June 2020 and June 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 25.1% inflationary increase is applied to the most recent sale price for 7 CHILSIDE ROAD of £125,000 on 1st June 2020. For the value to have increased from £125,000 to £156,356 over the five years to June 2025, the following assumptions must hold true:

• The value of 7 CHILSIDE ROAD has moved in line with the HPI for semi-detached houses in the Gateshead local authority area.
• The June 2020 sale price of £125,000 represented a fair market value for the property.
• The size, condition, and specification of 7 CHILSIDE ROAD has not materially changed since June 2020.

How Large is 7 CHILSIDE ROAD?

7 CHILSIDE ROAD is 89m² according to the EPC inspection conducted in December 2014. This puts it in the smallest 30% 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 7 CHILSIDE ROAD lies on this distribution: 28% of semi-detached houses houses are smaller than 7 CHILSIDE ROAD, and 71% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

7 CHILSIDE ROAD: Plot and Title Map

7 CHILSIDE ROAD sits on a plot of roughly 0.050 of an acre, or 202m². The below map shows the location of 7 CHILSIDE 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 7 CHILSIDE 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 7 CHILSIDE ROAD?

7 CHILSIDE ROAD is located in GATESHEAD, in the NE10 postcode district. The below map shows the position of No. 7 on CHILSIDE ROAD.