38, CROMER AVENUE, GATESHEAD, NE9 6UJ - £170,000

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.

38 CROMER AVENUE is a very small terraced house of 68m², built sometime between 1967 and 1975, which could now be worth an estimated £231,240. It was last sold for £170,000 in January 2016, which was around 53% above the average January 2016 terraced price in the Gateshead local authority area. The most recent EPC inspection was May 2015, where the current energy rating was C, and the potential energy rating was B.

38 CROMER AVENUE Sold Prices

Land registry data shows one sale for 38 CROMER AVENUE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average terraced price in the Gateshead local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2016 11 JAN	£170,000	£111,328	53% above HPI

What might 38 CROMER AVENUE be worth now?

38 CROMER AVENUE might now be worth an estimated £231,240.

This is based on house price inflation of 36%, between January 2016 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 36% inflationary increase is applied to the most recent sale price for 38 CROMER AVENUE of £170,000 on 11th January 2016. For the value to have increased from £170,000 to £231,240 over the nine years and ten months to March 2026, the following assumptions must hold true:

• The value of 38 CROMER AVENUE has moved in line with the HPI for terraced houses in the Gateshead local authority area.
• The January 2016 sale price of £170,000 represented a fair market value for the property.
• The size, condition, and specification of 38 CROMER AVENUE has not materially changed since January 2016.

How Large is 38 CROMER AVENUE?

38 CROMER AVENUE is 68m² according to the EPC inspection conducted in May 2015. This puts it in the smallest 20% of terraced houses in Gateshead, based on EPC data. The below chart shows the distribution of terraced houses by size in Gateshead, and where 38 CROMER AVENUE lies on this distribution: 17% of terraced houses are smaller than 38 CROMER AVENUE, and 82% of terraced houses are larger. Note that EPC data is not available for all properties in Gateshead.

38 CROMER AVENUE: Plot

38 CROMER AVENUE sits on a plot of roughly 0.066 of an acre, or 269m².

Where is 38 CROMER AVENUE?

38 CROMER AVENUE is located in GATESHEAD, in the NE9 postcode district.