58, SLALEY CLOSE, GATESHEAD, NE10 8TW - £65,000

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.

58 SLALEY CLOSE is a very small flat of 37m², built sometime between 1976 and 1982, which could now be worth an estimated £75,152. It was last sold for £65,000 in December 2020, which was around 24% below the average December 2020 flat price in the Gateshead local authority area. The most recent EPC inspection was June 2011, where the current energy rating was C, and the potential energy rating was C.

58 SLALEY CLOSE Sold Prices

Land registry data shows seven sales for 58 SLALEY CLOSE since 1^st January 1995. The below table shows the price paid for the seven sales, along with the average flat price in the Gateshead local authority area for the corresponding sale date. All of the seven 58 SLALEY CLOSE 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 11 DEC	£65,000	£85,940	24% below HPI
2015 20 NOV	£53,000	£80,347	34% below HPI
2012 24 JAN	£68,500	£74,612	8% below HPI
2006 10 NOV	£78,500	£93,283	16% below HPI
2005 9 JUN	£71,000	£82,982	14% below HPI
2004 22 APR	£52,000	£69,966	26% below HPI
1998 29 MAY	£24,000	£29,745	19% below HPI

What might 58 SLALEY CLOSE be worth now?

58 SLALEY CLOSE might now be worth an estimated £75,152.

This is based on house price inflation of 15.6%, between December 2020 and May 2026, for flats, in the Gateshead local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 15.6% inflationary increase is applied to the most recent sale price for 58 SLALEY CLOSE of £65,000 on 11th December 2020. For the value to have increased from £65,000 to £75,152 over the six years and seven months to May 2026, the following assumptions must hold true:

• The value of 58 SLALEY CLOSE has moved in line with the HPI for flats in the Gateshead local authority area.
• The December 2020 sale price of £65,000 represented a fair market value for the property.
• The size, condition, and specification of 58 SLALEY CLOSE has not materially changed since December 2020.

How Large is 58 SLALEY CLOSE?

58 SLALEY CLOSE is 37m² according to the EPC inspection conducted in June 2011. This puts it in the smallest 10% of flats in Gateshead, based on EPC data. 2% of flats are smaller than 58 SLALEY CLOSE, and 97% of flats are larger. Note that EPC data is not available for all properties in Gateshead.

58 SLALEY CLOSE: Plot

58 SLALEY CLOSE sits on a plot of roughly 0.045 of an acre, or 182m².

Where is 58 SLALEY CLOSE?

58 SLALEY CLOSE is located in GATESHEAD, in the NE10 postcode district.