119, RAWLING ROAD, GATESHEAD, NE8 4QS - £44,000

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.

119 RAWLING ROAD is a very small extended terraced house of 51m², built sometime between 1900 and 1929, which could now be worth an estimated £91,982. It was last sold for £44,000 in October 2003, which was around 39% below the average October 2003 terraced price in the Gateshead local authority area. The most recent EPC inspection was November 2015, where the current energy rating was D, and the potential energy rating was C.

119 RAWLING ROAD Sold Prices

Land registry data shows two sales for 119 RAWLING 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 119 RAWLING 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
2003 24 OCT	£44,000	£72,438	39% below HPI
1996 20 DEC	£25,750	£33,045	22% below HPI

119 RAWLING ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Gateshead local authority area over time, sourced from the HPI. The two 119 RAWLING ROAD sales from December 1996 and October 2003 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 December 1996 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the October 2003 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

What might 119 RAWLING ROAD be worth now?

119 RAWLING ROAD might now be worth an estimated £91,982.

This is based on house price inflation of 109.1%, between October 2003 and March 2026, 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 109.1% inflationary increase is applied to the most recent sale price for 119 RAWLING ROAD of £44,000 on 24th October 2003. For the value to have increased from £44,000 to £91,982 over the 23 years and seven months to March 2026, the following assumptions must hold true:

• The value of 119 RAWLING ROAD has moved in line with the HPI for terraced houses in the Gateshead local authority area.
• The October 2003 sale price of £44,000 represented a fair market value for the property.
• The size, condition, and specification of 119 RAWLING ROAD has not materially changed since October 2003.

How Large is 119 RAWLING ROAD?

119 RAWLING ROAD is 51m², which includes one extension, according to the EPC inspection conducted in November 2015. This puts it in the smallest 10% of terraced houses in Gateshead, based on EPC data. The below chart shows the distribution of terraced houses by size in Gateshead, and where 119 RAWLING ROAD lies on this distribution: 3% of terraced houses are smaller than 119 RAWLING ROAD, and 97% of terraced houses are larger. Note that EPC data is not available for all properties in Gateshead.

Where is 119 RAWLING ROAD?

119 RAWLING ROAD is located in GATESHEAD, in the NE8 postcode district.