11, HEDGE CLOSE, GATESHEAD, NE11 9UG - £172,000

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.

11 HEDGE CLOSE is a detached house, which could now be worth an estimated £266,991. It was last sold for £172,000 in June 2005, which was around 10% below the average June 2005 detached price in the Gateshead local authority area.

11 HEDGE CLOSE Sold Prices

Land registry data shows two sales for 11 HEDGE 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 11 HEDGE 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
2005 6 JUN	£172,000	£190,893	10% below HPI
1996 1 NOV	£60,950	£73,142	17% below HPI

What might 11 HEDGE CLOSE be worth now?

11 HEDGE CLOSE might now be worth an estimated £266,991.

This is based on house price inflation of 55.2%, between June 2005 and May 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 55.2% inflationary increase is applied to the most recent sale price for 11 HEDGE CLOSE of £172,000 on 6th June 2005. For the value to have increased from £172,000 to £266,991 over the 21 years and one month to May 2026, the following assumptions must hold true:

• The value of 11 HEDGE CLOSE has moved in line with the HPI for detached houses in the Gateshead local authority area.
• The June 2005 sale price of £172,000 represented a fair market value for the property.
• The size, condition, and specification of 11 HEDGE CLOSE has not materially changed since June 2005.

Where is 11 HEDGE CLOSE?

11 HEDGE CLOSE is located in GATESHEAD, in the NE11 postcode district.