28, RENFORTH CLOSE, GATESHEAD, NE8 3JB - £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.

28 RENFORTH CLOSE is a semi-detached house, which could now be worth an estimated £167,194. It was last sold for £125,000 in April 2018, which was around 10% below the average April 2018 semi-detached price in the Gateshead local authority area.

28 RENFORTH CLOSE Sold Prices

Land registry data shows four sales for 28 RENFORTH 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. two of the four 28 RENFORTH CLOSE sales were for below the average price, and four were for above 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
2018 20 APR	£125,000	£138,355	10% below HPI
2009 8 MAY	£118,000	£121,124	3% below HPI
2004 15 OCT	£140,000	£116,336	20% above HPI
2003 29 MAY	£119,950	£77,033	56% above HPI

What might 28 RENFORTH CLOSE be worth now?

28 RENFORTH CLOSE might now be worth an estimated £167,194.

This is based on house price inflation of 33.8%, between April 2018 and April 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 33.8% inflationary increase is applied to the most recent sale price for 28 RENFORTH CLOSE of £125,000 on 20th April 2018. For the value to have increased from £125,000 to £167,194 over the eight years to April 2026, the following assumptions must hold true:

• The value of 28 RENFORTH CLOSE has moved in line with the HPI for semi-detached houses in the Gateshead local authority area.
• The April 2018 sale price of £125,000 represented a fair market value for the property.
• The size, condition, and specification of 28 RENFORTH CLOSE has not materially changed since April 2018.

Where is 28 RENFORTH CLOSE?

28 RENFORTH CLOSE is located in GATESHEAD, in the NE8 postcode district.