10, HERITAGE CLOSE, GATESHEAD, NE8 2PT - £135,000

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.

10 HERITAGE CLOSE is a detached house, which could now be worth an estimated £195,477. It was last sold for £135,000 in April 2010, which was around 33% below the average April 2010 detached price in the Gateshead local authority area.

10 HERITAGE CLOSE Sold Prices

Land registry data shows two sales for 10 HERITAGE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Gateshead local authority area for the corresponding sale date. Both of the two 10 HERITAGE 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
2010 6 APR	£135,000	£201,273	33% below HPI
2004 4 JUN	£121,995	£182,578	33% below HPI

What might 10 HERITAGE CLOSE be worth now?

10 HERITAGE CLOSE might now be worth an estimated £195,477.

This is based on house price inflation of 44.8%, between April 2010 and March 2026, for 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 44.8% inflationary increase is applied to the most recent sale price for 10 HERITAGE CLOSE of £135,000 on 6th April 2010. For the value to have increased from £135,000 to £195,477 over the sixteen years and one month to March 2026, the following assumptions must hold true:

• The value of 10 HERITAGE CLOSE has moved in line with the HPI for detached houses in the Gateshead local authority area.
• The April 2010 sale price of £135,000 represented a fair market value for the property.
• The size, condition, and specification of 10 HERITAGE CLOSE has not materially changed since April 2010.

Where is 10 HERITAGE CLOSE?

10 HERITAGE CLOSE is located in GATESHEAD, in the NE8 postcode district.