3, THE CLOSE, CLEADON, SUNDERLAND, SR6 7RG - £130,000

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.

3 THE CLOSE is a detached house, which could now be worth an estimated £445,523. It was last sold for £130,000 in May 1998, which was around 43% above the average May 1998 detached price in the South Tyneside local authority area.

3 THE CLOSE Sold Prices

Land registry data shows one sale for 3 THE CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the South Tyneside local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
1998 22 MAY	£130,000	£90,662	43% above HPI

What might 3 THE CLOSE be worth now?

3 THE CLOSE might now be worth an estimated £445,523.

This is based on house price inflation of 242.7%, between May 1998 and May 2026, for detached houses, in the South Tyneside local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 242.7% inflationary increase is applied to the most recent sale price for 3 THE CLOSE of £130,000 on 22nd May 1998. For the value to have increased from £130,000 to £445,523 over the 28 years to May 2026, the following assumptions must hold true:

• The value of 3 THE CLOSE has moved in line with the HPI for detached houses in the South Tyneside local authority area.
• The May 1998 sale price of £130,000 represented a fair market value for the property.
• The size, condition, and specification of 3 THE CLOSE has not materially changed since May 1998.

Where is 3 THE CLOSE?

3 THE CLOSE is located in CLEADON, in the SR6 postcode district.