167, REDGRAVE CLOSE, GATESHEAD, NE8 3JT - £109,950

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.

167 REDGRAVE CLOSE is a flat, which could now be worth an estimated £145,258. It was last sold for £109,950 in May 2004, which was around 50% above the average May 2004 flat price in the Gateshead local authority area.

167 REDGRAVE CLOSE Sold Prices

Land registry data shows one sale for 167 REDGRAVE CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average flat 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 28 MAY	£109,950	£73,376	50% above HPI

What might 167 REDGRAVE CLOSE be worth now?

167 REDGRAVE CLOSE might now be worth an estimated £145,258.

This is based on house price inflation of 32.1%, between May 2004 and March 2026, for flats, in the Gateshead local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 32.1% inflationary increase is applied to the most recent sale price for 167 REDGRAVE CLOSE of £109,950 on 28th May 2004. For the value to have increased from £109,950 to £145,258 over the 22 years and two months to March 2026, the following assumptions must hold true:

• The value of 167 REDGRAVE CLOSE has moved in line with the HPI for flats in the Gateshead local authority area.
• The May 2004 sale price of £109,950 represented a fair market value for the property.
• The size, condition, and specification of 167 REDGRAVE CLOSE has not materially changed since May 2004.

Where is 167 REDGRAVE CLOSE?

167 REDGRAVE CLOSE is located in GATESHEAD, in the NE8 postcode district.