4, FENWICK CLOSE, BACKWORTH, NEWCASTLE UPON TYNE, NE27 0RL - £182,000

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.

4 FENWICK CLOSE is a semi-detached house, which could now be worth an estimated £313,520. It was last sold for £182,000 in August 2005, which was around 38% above the average August 2005 semi-detached price in the North Tyneside local authority area.

4 FENWICK CLOSE Sold Prices

Land registry data shows two sales for 4 FENWICK 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 North Tyneside local authority area for the corresponding sale date. Both of the two 4 FENWICK 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
2005 12 AUG	£182,000	£132,353	38% above HPI
2004 21 DEC	£175,000	£128,965	36% above HPI

What might 4 FENWICK CLOSE be worth now?

4 FENWICK CLOSE might now be worth an estimated £313,520.

This is based on house price inflation of 72.3%, between August 2005 and May 2026, for semi-detached houses, in the North Tyneside local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 72.3% inflationary increase is applied to the most recent sale price for 4 FENWICK CLOSE of £182,000 on 12th August 2005. For the value to have increased from £182,000 to £313,520 over the 21 years and three months to May 2026, the following assumptions must hold true:

• The value of 4 FENWICK CLOSE has moved in line with the HPI for semi-detached houses in the North Tyneside local authority area.
• The August 2005 sale price of £182,000 represented a fair market value for the property.
• The size, condition, and specification of 4 FENWICK CLOSE has not materially changed since August 2005.

Where is 4 FENWICK CLOSE?

4 FENWICK CLOSE is located in BACKWORTH, in the NE27 postcode district.