53, RENFORTH CLOSE, GATESHEAD, NE8 3JF - £109,950

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.

53 RENFORTH CLOSE is a flat, which could now be worth an estimated £115,884. It was last sold for £109,950 in August 2006, which was around 17% above the average August 2006 flat price in the Gateshead local authority area.

53 RENFORTH CLOSE Sold Prices

Land registry data shows two sales for 53 RENFORTH 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 53 RENFORTH 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
2006 18 AUG	£109,950	£93,832	17% above HPI
2004 31 MAR	£105,450	£68,100	55% above HPI

What might 53 RENFORTH CLOSE be worth now?

53 RENFORTH CLOSE might now be worth an estimated £115,884.

This is based on house price inflation of 5.4%, between August 2006 and April 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 5.4% inflationary increase is applied to the most recent sale price for 53 RENFORTH CLOSE of £109,950 on 18th August 2006. For the value to have increased from £109,950 to £115,884 over the twenty years and four months to April 2026, the following assumptions must hold true:

• The value of 53 RENFORTH CLOSE has moved in line with the HPI for flats in the Gateshead local authority area.
• The August 2006 sale price of £109,950 represented a fair market value for the property.
• The size, condition, and specification of 53 RENFORTH CLOSE has not materially changed since August 2006.

Where is 53 RENFORTH CLOSE?

53 RENFORTH CLOSE is located in GATESHEAD, in the NE8 postcode district.