11, SLALEY CLOSE, GATESHEAD, NE10 8TW - £27,550

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 SLALEY CLOSE is a terraced house, which could now be worth an estimated £118,047. It was last sold for £27,550 in August 1997, which was around 23% below the average August 1997 terraced price in the Gateshead local authority area.

11 SLALEY CLOSE Sold Prices

Land registry data shows two sales for 11 SLALEY 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 11 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
1997 1 AUG	£27,550	£35,960	23% below HPI
1995 5 MAY	£28,000	£34,609	19% below HPI

What might 11 SLALEY CLOSE be worth now?

11 SLALEY CLOSE might now be worth an estimated £118,047.

This is based on house price inflation of 328.5%, between August 1997 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 328.5% inflationary increase is applied to the most recent sale price for 11 SLALEY CLOSE of £27,550 on 1st August 1997. For the value to have increased from £27,550 to £118,047 over the 29 years and three months to May 2026, the following assumptions must hold true:

• The value of 11 SLALEY CLOSE has moved in line with the HPI for terraced houses in the Gateshead local authority area.
• The August 1997 sale price of £27,550 represented a fair market value for the property.
• The size, condition, and specification of 11 SLALEY CLOSE has not materially changed since August 1997.

Where is 11 SLALEY CLOSE?

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