24, SHERIFFS HIGHWAY, GATESHEAD, NE9 5UE - £117,000

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.

24 SHERIFFS HIGHWAY is a detached house, which could now be worth an estimated £167,585. It was last sold for £117,000 in September 2011, which was around 42% below the average September 2011 detached price in the Gateshead local authority area.

24 SHERIFFS HIGHWAY Sold Prices

Land registry data shows two sales for 24 SHERIFFS HIGHWAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Gateshead local authority area for the corresponding sale date. Both of the two 24 SHERIFFS HIGHWAY 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
2011 30 SEP	£117,000	£203,469	42% below HPI
1997 28 NOV	£35,000	£76,099	54% below HPI

What might 24 SHERIFFS HIGHWAY be worth now?

24 SHERIFFS HIGHWAY might now be worth an estimated £167,585.

This is based on house price inflation of 43.2%, between September 2011 and March 2026, for 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 43.2% inflationary increase is applied to the most recent sale price for 24 SHERIFFS HIGHWAY of £117,000 on 30th September 2011. For the value to have increased from £117,000 to £167,585 over the fifteen years and six months to March 2026, the following assumptions must hold true:

• The value of 24 SHERIFFS HIGHWAY has moved in line with the HPI for detached houses in the Gateshead local authority area.
• The September 2011 sale price of £117,000 represented a fair market value for the property.
• The size, condition, and specification of 24 SHERIFFS HIGHWAY has not materially changed since September 2011.

Where is 24 SHERIFFS HIGHWAY?

24 SHERIFFS HIGHWAY is located in GATESHEAD, in the NE9 postcode district.