17, SLALEY CLOSE, GATESHEAD, NE10 8TW - £36,500

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.

17 SLALEY CLOSE is a very small flat of 24m², built sometime between 1976 and 1982, which could now be worth an estimated £43,747. It was last sold for £36,500 in July 2020, which was around 56% below the average July 2020 flat price in the Gateshead local authority area. The most recent EPC inspection was May 2015, where the current energy rating was E, and the potential energy rating was C.

17 SLALEY CLOSE Sold Prices

Land registry data shows three sales for 17 SLALEY CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average flat price in the Gateshead local authority area for the corresponding sale date. All of the three 17 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
2020 29 JUL	£36,500	£82,902	56% below HPI
2005 25 FEB	£51,000	£82,757	38% below HPI
2001 31 MAY	£13,800	£34,308	60% below HPI

What might 17 SLALEY CLOSE be worth now?

17 SLALEY CLOSE might now be worth an estimated £43,747.

This is based on house price inflation of 19.9%, between July 2020 and May 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 19.9% inflationary increase is applied to the most recent sale price for 17 SLALEY CLOSE of £36,500 on 29th July 2020. For the value to have increased from £36,500 to £43,747 over the six years and two months to May 2026, the following assumptions must hold true:

• The value of 17 SLALEY CLOSE has moved in line with the HPI for flats in the Gateshead local authority area.
• The July 2020 sale price of £36,500 represented a fair market value for the property.
• The size, condition, and specification of 17 SLALEY CLOSE has not materially changed since July 2020.

How Large is 17 SLALEY CLOSE?

17 SLALEY CLOSE is 24m² according to the EPC inspection conducted in May 2015. This puts it in the smallest 10% of flats in Gateshead, based on EPC data. Less than 1% of flats are smaller than 17 SLALEY CLOSE, and more than 99% of flats are larger. Note that EPC data is not available for all properties in Gateshead.

17 SLALEY CLOSE: Plot

17 SLALEY CLOSE sits on a plot of roughly 0.131 of an acre, or 529m².

Where is 17 SLALEY CLOSE?

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