5, RADCLIFFE CLOSE, GATESHEAD, NE8 3JZ - £160,500

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.

5 RADCLIFFE CLOSE is a midsized terraced house of 102m², built sometime between 1996 and 2002, which could now be worth an estimated £204,755. It was last sold for £160,500 in October 2007, which was around 33% above the average October 2007 terraced price in the Gateshead local authority area. The most recent EPC inspection was October 2016, where the current energy rating was C, and the potential energy rating was B.

5 RADCLIFFE CLOSE Sold Prices

Land registry data shows two sales for 5 RADCLIFFE CLOSE 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 5 RADCLIFFE CLOSE sales were for above 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
2007 3 OCT	£160,500	£120,780	33% above HPI
2004 14 JUN	£139,500	£90,874	54% above HPI

5 RADCLIFFE CLOSE 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 two 5 RADCLIFFE CLOSE sales from June 2004 and October 2007 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 June 2004 sale was for 54% above the HPI. So the extrapolation line tracks at 54% above the HPI over time, until the October 2007 sale, where it falls to 33% above the HPI. The line then continues to track at 33% above the HPI.

What might 5 RADCLIFFE CLOSE be worth now?

5 RADCLIFFE CLOSE might now be worth an estimated £204,755.

This is based on house price inflation of 27.6%, between October 2007 and May 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 27.6% inflationary increase is applied to the most recent sale price for 5 RADCLIFFE CLOSE of £160,500 on 3rd October 2007. For the value to have increased from £160,500 to £204,755 over the nineteen years and five months to May 2026, the following assumptions must hold true:

• The value of 5 RADCLIFFE CLOSE has moved in line with the HPI for terraced houses in the Gateshead local authority area.
• The October 2007 sale price of £160,500 represented a fair market value for the property.
• The size, condition, and specification of 5 RADCLIFFE CLOSE has not materially changed since October 2007.

How Large is 5 RADCLIFFE CLOSE?

5 RADCLIFFE CLOSE is 102m² according to the EPC inspection conducted in October 2016. This puts it in the smallest 50% 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 5 RADCLIFFE CLOSE lies on this distribution: 44% of terraced houses houses are smaller than 5 RADCLIFFE CLOSE, and 55% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

5 RADCLIFFE CLOSE: Plot and Title Map

5 RADCLIFFE CLOSE sits on a plot of roughly 0.040 of an acre, or 160m². The below map shows the location of 5 RADCLIFFE CLOSE, 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 5 RADCLIFFE CLOSE). 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 5 RADCLIFFE CLOSE?

5 RADCLIFFE CLOSE is located in GATESHEAD, in the NE8 postcode district. The below map shows the position of No. 5 on RADCLIFFE CLOSE.