16, GRESFORD CLOSE, HEBBURN, NE31 2BL - £204,245

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.

16 GRESFORD CLOSE is a midsized semi-detached house of 85m², built in 2018, which could now be worth an estimated £262,286. It was last sold for £204,245 in December 2019, which was around 41% above the average December 2019 semi-detached price in the South Tyneside local authority area. The most recent EPC inspection was November 2019, where the current energy rating was B, and the potential energy rating was A.

16 GRESFORD CLOSE Sold Prices

Land registry data shows one sale for 16 GRESFORD 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 South Tyneside 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
2019 12 DEC	£204,245	£144,599	41% above HPI

What might 16 GRESFORD CLOSE be worth now?

16 GRESFORD CLOSE might now be worth an estimated £262,286.

This is based on house price inflation of 28.4%, between December 2019 and April 2026, for semi-detached houses, in the South Tyneside local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 28.4% inflationary increase is applied to the most recent sale price for 16 GRESFORD CLOSE of £204,245 on 12th December 2019. For the value to have increased from £204,245 to £262,286 over the seven years and eight months to April 2026, the following assumptions must hold true:

• The value of 16 GRESFORD CLOSE has moved in line with the HPI for semi-detached houses in the South Tyneside local authority area.
• The December 2019 sale price of £204,245 represented a fair market value for the property.
• The size, condition, and specification of 16 GRESFORD CLOSE has not materially changed since December 2019.

How Large is 16 GRESFORD CLOSE?

16 GRESFORD CLOSE is 85m² according to the EPC inspection conducted in November 2019. This puts it in the largest 40% of semi-detached houses in Hebburn, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Hebburn, and where 16 GRESFORD CLOSE lies on this distribution: 56% of semi-detached houses are smaller than 16 GRESFORD CLOSE, and 39% of semi-detached houses are larger. Note that EPC data is not available for all properties in Hebburn.

16 GRESFORD CLOSE: Plot

16 GRESFORD CLOSE sits on a plot of roughly 0.046 of an acre, or 186m².

Where is 16 GRESFORD CLOSE?

16 GRESFORD CLOSE is located in HEBBURN, in the NE31 postcode district.