55, SLALEY CLOSE, GATESHEAD, NE10 8TW - £44,500

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.

55 SLALEY CLOSE is a terraced house, which could now be worth an estimated £191,822. It was last sold for £44,500 in August 1998, which was around 24% above the average August 1998 terraced price in the Gateshead local authority area.

55 SLALEY CLOSE Sold Prices

Land registry data shows two sales for 55 SLALEY CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Gateshead local authority area for the corresponding sale date. Both of the two 55 SLALEY 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
1998 28 AUG	£44,500	£35,745	24% above HPI
1995 26 MAY	£38,000	£34,609	10% above HPI

What might 55 SLALEY CLOSE be worth now?

55 SLALEY CLOSE might now be worth an estimated £191,822.

This is based on house price inflation of 331.1%, between August 1998 and May 2026, for terraced 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 331.1% inflationary increase is applied to the most recent sale price for 55 SLALEY CLOSE of £44,500 on 28th August 1998. For the value to have increased from £44,500 to £191,822 over the 28 years and three months to May 2026, the following assumptions must hold true:

• The value of 55 SLALEY CLOSE has moved in line with the HPI for terraced houses in the Gateshead local authority area.
• The August 1998 sale price of £44,500 represented a fair market value for the property.
• The size, condition, and specification of 55 SLALEY CLOSE has not materially changed since August 1998.

Where is 55 SLALEY CLOSE?

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