40, COLEGATE, GATESHEAD, NE10 8PP - £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.

40 COLEGATE is a very small semi-detached house of 56m², built sometime between 1950 and 1966, which could now be worth an estimated £139,578. It was last sold for £125,000 in March 2023, which was around 25% below the average March 2023 semi-detached price in the Gateshead local authority area. The most recent EPC inspection was July 2022, where the current energy rating was D, and the potential energy rating was B.

40 COLEGATE Sold Prices

Land registry data shows one sale for 40 COLEGATE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average semi-detached 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
2023 24 MAR	£125,000	£165,729	25% below HPI

What might 40 COLEGATE be worth now?

40 COLEGATE might now be worth an estimated £139,578.

This is based on house price inflation of 11.7%, between March 2023 and April 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 11.7% inflationary increase is applied to the most recent sale price for 40 COLEGATE of £125,000 on 24th March 2023. For the value to have increased from £125,000 to £139,578 over the two years and eleven months to April 2026, the following assumptions must hold true:

• The value of 40 COLEGATE has moved in line with the HPI for semi-detached houses in the Gateshead local authority area.
• The March 2023 sale price of £125,000 represented a fair market value for the property.
• The size, condition, and specification of 40 COLEGATE has not materially changed since March 2023.

How Large is 40 COLEGATE?

40 COLEGATE is 56m² according to the EPC inspection conducted in July 2022. This puts it in the smallest 10% of semi-detached houses in Gateshead, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Gateshead, and where 40 COLEGATE lies on this distribution: 3% of semi-detached houses are smaller than 40 COLEGATE, and 96% of semi-detached houses are larger. Note that EPC data is not available for all properties in Gateshead.

40 COLEGATE: Plot

40 COLEGATE sits on a plot of roughly 0.052 of an acre, or 211m².

Where is 40 COLEGATE?

40 COLEGATE is located in GATESHEAD, in the NE10 postcode district.