23, SHERIFFS CLOSE, FELLING, GATESHEAD, NE10 9TW - £125,000

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.

23 SHERIFFS CLOSE is a very small semi-detached house of 58m², built sometime between 1983 and 1990, which could now be worth an estimated £137,870. It was last sold for £125,000 in June 2024, which was around 25% below the average June 2024 semi-detached price in the Gateshead local authority area. The most recent EPC inspection was August 2016, where the current energy rating was D, and the potential energy rating was B.

23 SHERIFFS CLOSE Sold Prices

Land registry data shows four sales for 23 SHERIFFS CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Gateshead local authority area for the corresponding sale date. All of the four 23 SHERIFFS 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
2024 28 JUN	£125,000	£167,566	25% below HPI
2024 14 JUN	£125,000	£167,566	25% below HPI
2018 26 OCT	£121,000	£142,640	15% below HPI
2007 12 OCT	£115,500	£141,322	18% below HPI

23 SHERIFFS CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Gateshead local authority area over time, sourced from the HPI. The four 23 SHERIFFS CLOSE sales between October 2007 and June 2024 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the June 2024 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the June 2024 sale, which was also at 25% below the HPI.

What might 23 SHERIFFS CLOSE be worth now?

23 SHERIFFS CLOSE might now be worth an estimated £137,870.

This is based on house price inflation of 10.3%, between June 2024 and May 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 10.3% inflationary increase is applied to the most recent sale price for 23 SHERIFFS CLOSE of £125,000 on 28th June 2024. For the value to have increased from £125,000 to £137,870 over the two years and one month to May 2026, the following assumptions must hold true:

• The value of 23 SHERIFFS CLOSE has moved in line with the HPI for semi-detached houses in the Gateshead local authority area.
• The June 2024 sale price of £125,000 represented a fair market value for the property.
• The size, condition, and specification of 23 SHERIFFS CLOSE has not materially changed since June 2024.

How Large is 23 SHERIFFS CLOSE?

23 SHERIFFS CLOSE is 58m² according to the EPC inspection conducted in August 2016. This puts it in the smallest 10% of semi-detached houses in Gateshead, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Gateshead, and where 23 SHERIFFS CLOSE lies on this distribution: 4% of semi-detached houses are smaller than 23 SHERIFFS CLOSE, and 95% of semi-detached houses are larger. Note that EPC data is not available for all properties in Gateshead.

23 SHERIFFS CLOSE: Plot

23 SHERIFFS CLOSE sits on a plot of roughly 452.1 acres, or 1,829,569m².

Where is 23 SHERIFFS CLOSE?

23 SHERIFFS CLOSE is located in FELLING, in the NE10 postcode district. The below map shows the position of No. 23 on SHERIFFS CLOSE.