45, SLALEY CLOSE, GATESHEAD, NE10 8TW - £46,750

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.

45 SLALEY CLOSE is a very small flat of 23m², built sometime between 1967 and 1975, which could now be worth an estimated £54,438. It was last sold for £46,750 in July 2009, which was around 45% below the average July 2009 flat price in the Gateshead local authority area. The most recent EPC inspection was March 2011, where the current energy rating was F, and the potential energy rating was C.

45 SLALEY CLOSE Sold Prices

Land registry data shows two sales for 45 SLALEY CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average flat price in the Gateshead local authority area for the corresponding sale date. Both of the two 45 SLALEY 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
2009 20 JUL	£46,750	£85,329	45% below HPI
1999 21 SEP	£15,000	£29,948	50% below HPI

What might 45 SLALEY CLOSE be worth now?

45 SLALEY CLOSE might now be worth an estimated £54,438.

This is based on house price inflation of 16.4%, between July 2009 and May 2026, for flats, in the Gateshead local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 16.4% inflationary increase is applied to the most recent sale price for 45 SLALEY CLOSE of £46,750 on 20th July 2009. For the value to have increased from £46,750 to £54,438 over the seventeen years and two months to May 2026, the following assumptions must hold true:

• The value of 45 SLALEY CLOSE has moved in line with the HPI for flats in the Gateshead local authority area.
• The July 2009 sale price of £46,750 represented a fair market value for the property.
• The size, condition, and specification of 45 SLALEY CLOSE has not materially changed since July 2009.

How Large is 45 SLALEY CLOSE?

45 SLALEY CLOSE is 23m² according to the EPC inspection conducted in March 2011. This puts it in the smallest 10% of flats in Gateshead, based on EPC data. Less than 1% of flats are smaller than 45 SLALEY CLOSE, and more than 99% of flats are larger. Note that EPC data is not available for all properties in Gateshead.

45 SLALEY CLOSE: Plot

45 SLALEY CLOSE sits on a plot of roughly 0.186 of an acre, or 754m².

Where is 45 SLALEY CLOSE?

45 SLALEY CLOSE is located in GATESHEAD, in the NE10 postcode district.