3, ARGUS CLOSE, GATESHEAD, NE11 9TA - £67,500

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.

3 ARGUS CLOSE is a semi-detached house, which could now be worth an estimated £200,183. It was last sold for £67,500 in June 2002, which was around 8% above the average June 2002 semi-detached price in the Gateshead local authority area.

3 ARGUS CLOSE Sold Prices

Land registry data shows two sales for 3 ARGUS CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Gateshead local authority area for the corresponding sale date. Both of the two 3 ARGUS CLOSE sales 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
2002 5 JUN	£67,500	£62,319	8% above HPI
1995 17 MAR	£57,600	£43,138	34% above HPI

What might 3 ARGUS CLOSE be worth now?

3 ARGUS CLOSE might now be worth an estimated £200,183.

This is based on house price inflation of 196.6%, between June 2002 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 196.6% inflationary increase is applied to the most recent sale price for 3 ARGUS CLOSE of £67,500 on 5th June 2002. For the value to have increased from £67,500 to £200,183 over the 24 years and one month to May 2026, the following assumptions must hold true:

• The value of 3 ARGUS CLOSE has moved in line with the HPI for semi-detached houses in the Gateshead local authority area.
• The June 2002 sale price of £67,500 represented a fair market value for the property.
• The size, condition, and specification of 3 ARGUS CLOSE has not materially changed since June 2002.

Where is 3 ARGUS CLOSE?

3 ARGUS CLOSE is located in GATESHEAD, in the NE11 postcode district.