33, SHERIFFS CLOSE, FELLING, GATESHEAD, NE10 9TW - £152,000

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.

33 SHERIFFS CLOSE is a very small detached house of 70m², built sometime between 1991 and 1995, which could now be worth an estimated £265,559. It was last sold for £152,000 in April 2004, which was around 10% below the average April 2004 detached price in the Gateshead local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was B.

33 SHERIFFS CLOSE Sold Prices

Land registry data shows three sales for 33 SHERIFFS CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Gateshead local authority area for the corresponding sale date. All of the three 33 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
2004 29 APR	£152,000	£169,606	10% below HPI
2001 30 NOV	£70,000	£99,016	29% below HPI
1996 18 NOV	£54,500	£73,142	25% below HPI

33 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 three 33 SHERIFFS CLOSE sales between November 1996 and April 2004 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 November 2001 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the April 2004 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 33 SHERIFFS CLOSE be worth now?

33 SHERIFFS CLOSE might now be worth an estimated £265,559.

This is based on house price inflation of 74.7%, between April 2004 and May 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 74.7% inflationary increase is applied to the most recent sale price for 33 SHERIFFS CLOSE of £152,000 on 29th April 2004. For the value to have increased from £152,000 to £265,559 over the 21 years and eleven months to May 2026, the following assumptions must hold true:

• The value of 33 SHERIFFS CLOSE has moved in line with the HPI for detached houses in the Gateshead local authority area.
• The April 2004 sale price of £152,000 represented a fair market value for the property.
• The size, condition, and specification of 33 SHERIFFS CLOSE has not materially changed since April 2004.

How Large is 33 SHERIFFS CLOSE?

33 SHERIFFS CLOSE is 70m² according to the EPC inspection conducted in August 2014. This puts it in the smallest 10% of detached houses in Gateshead, based on EPC data. The below chart shows the distribution of detached houses by size in Gateshead, and where 33 SHERIFFS CLOSE lies on this distribution: 7% of detached houses are smaller than 33 SHERIFFS CLOSE, and 92% of detached houses are larger. Note that EPC data is not available for all properties in Gateshead.

33 SHERIFFS CLOSE: Plot

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

Where is 33 SHERIFFS CLOSE?

33 SHERIFFS CLOSE is located in FELLING, in the NE10 postcode district. The below map shows the position of No. 33 on SHERIFFS CLOSE.