9, RADCLIFFE CLOSE, GATESHEAD, NE8 3JZ - £185,000

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.

9 RADCLIFFE CLOSE is a very large terraced house of 141m², built sometime between 2003 and 2006, which could now be worth an estimated £276,584. It was last sold for £185,000 in May 2013, which was around 83% above the average May 2013 terraced price in the Gateshead local authority area. The most recent EPC inspection was March 2013, where the current energy rating was C, and the potential energy rating was B.

9 RADCLIFFE CLOSE Sold Prices

Land registry data shows three sales for 9 RADCLIFFE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Gateshead local authority area for the corresponding sale date. All of the three 9 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
2013 31 MAY	£185,000	£101,289	83% above HPI
2006 1 SEP	£197,500	£113,761	74% above HPI
2005 28 FEB	£202,500	£96,787	109% above HPI

9 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 three 9 RADCLIFFE CLOSE sales between February 2005 and May 2013 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 September 2006 sale was for 74% above the HPI. So the extrapolation line tracks at 74% above the HPI over time, until the May 2013 sale, where it rises to 83% above the HPI. The line then continues to track at 83% above the HPI.

What might 9 RADCLIFFE CLOSE be worth now?

9 RADCLIFFE CLOSE might now be worth an estimated £276,584.

This is based on house price inflation of 49.5%, between May 2013 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 49.5% inflationary increase is applied to the most recent sale price for 9 RADCLIFFE CLOSE of £185,000 on 31st May 2013. For the value to have increased from £185,000 to £276,584 over the thirteen years and two months to March 2026, the following assumptions must hold true:

• The value of 9 RADCLIFFE CLOSE has moved in line with the HPI for terraced houses in the Gateshead local authority area.
• The May 2013 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of 9 RADCLIFFE CLOSE has not materially changed since May 2013.

How Large is 9 RADCLIFFE CLOSE?

9 RADCLIFFE CLOSE is 141m² according to the EPC inspection conducted in March 2013. This puts it in the largest 20% 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 9 RADCLIFFE CLOSE lies on this distribution: 81% of terraced houses houses are smaller than 9 RADCLIFFE CLOSE, and 19% of houses are larger. Note that EPC data is not available for all properties in Gateshead.

9 RADCLIFFE CLOSE: Plot and Title Map

9 RADCLIFFE CLOSE sits on a plot of roughly 0.047 of an acre, or 191m². The below map shows the location of 9 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 9 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 9 RADCLIFFE CLOSE?

9 RADCLIFFE CLOSE is located in GATESHEAD, in the NE8 postcode district. The below map shows the position of No. 9 on RADCLIFFE CLOSE.