12, HERITAGE CLOSE, GATESHEAD, NE8 2PT - £100,995

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.

12 HERITAGE CLOSE is a semi-detached house, which could now be worth an estimated £154,501. It was last sold for £100,995 in August 2004, which was around 15% below the average August 2004 semi-detached price in the Gateshead local authority area.

12 HERITAGE CLOSE Sold Prices

Land registry data shows one sale for 12 HERITAGE CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average semi-detached price in the Gateshead local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2004 9 AUG	£100,995	£118,575	15% below HPI

What might 12 HERITAGE CLOSE be worth now?

12 HERITAGE CLOSE might now be worth an estimated £154,501.

This is based on house price inflation of 53%, between August 2004 and March 2026, for semi-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 53% inflationary increase is applied to the most recent sale price for 12 HERITAGE CLOSE of £100,995 on 9th August 2004. For the value to have increased from £100,995 to £154,501 over the 22 years and five months to March 2026, the following assumptions must hold true:

• The value of 12 HERITAGE CLOSE has moved in line with the HPI for semi-detached houses in the Gateshead local authority area.
• The August 2004 sale price of £100,995 represented a fair market value for the property.
• The size, condition, and specification of 12 HERITAGE CLOSE has not materially changed since August 2004.

Where is 12 HERITAGE CLOSE?

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