5, HARRISON CLOSE, GATESHEAD, NE10 0BZ - £225,000

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.

5 HARRISON CLOSE is a small detached house of 91m², built in 2020, which could now be worth an estimated £264,533. It was last sold for £225,000 in April 2021, which was around 9% below the average April 2021 detached price in the Gateshead local authority area. The most recent EPC inspection was March 2021, where the current energy rating was B, and the potential energy rating was A.

5 HARRISON CLOSE Sold Prices

Land registry data shows one sale for 5 HARRISON 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 Gateshead 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
2021 23 APR	£225,000	£247,885	9% below HPI

What might 5 HARRISON CLOSE be worth now?

5 HARRISON CLOSE might now be worth an estimated £264,533.

This is based on house price inflation of 17.6%, between April 2021 and March 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 17.6% inflationary increase is applied to the most recent sale price for 5 HARRISON CLOSE of £225,000 on 23rd April 2021. For the value to have increased from £225,000 to £264,533 over the five years and one month to March 2026, the following assumptions must hold true:

• The value of 5 HARRISON CLOSE has moved in line with the HPI for detached houses in the Gateshead local authority area.
• The April 2021 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 5 HARRISON CLOSE has not materially changed since April 2021.

How Large is 5 HARRISON CLOSE?

5 HARRISON CLOSE is 91m² according to the EPC inspection conducted in March 2021. This puts it in the smallest 40% of detached houses in Gateshead, based on EPC data. The below chart shows the distribution of detached houses by size in Gateshead, and where 5 HARRISON CLOSE lies on this distribution: 31% of detached houses are smaller than 5 HARRISON CLOSE, and 68% of detached houses are larger. Note that EPC data is not available for all properties in Gateshead.

5 HARRISON CLOSE: Plot

5 HARRISON CLOSE sits on a plot of roughly 0.097 of an acre, or 393m².

Where is 5 HARRISON CLOSE?

5 HARRISON CLOSE is located in GATESHEAD, in the NE10 postcode district.