57, SLALEY CLOSE, GATESHEAD, NE10 8TW - £51,500

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.

57 SLALEY CLOSE is a very small flat of 38m², built sometime between 1976 and 1982, which could now be worth an estimated £61,302. It was last sold for £51,500 in April 2019, which was around 38% below the average April 2019 flat price in the Gateshead local authority area. The most recent EPC inspection was May 2012, where the current energy rating was E, and the potential energy rating was D.

57 SLALEY CLOSE Sold Prices

Land registry data shows two sales for 57 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 57 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
2019 30 APR	£51,500	£83,475	38% below HPI
1995 4 AUG	£26,000	£29,149	11% below HPI

What might 57 SLALEY CLOSE be worth now?

57 SLALEY CLOSE might now be worth an estimated £61,302.

This is based on house price inflation of 19%, between April 2019 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 19% inflationary increase is applied to the most recent sale price for 57 SLALEY CLOSE of £51,500 on 30th April 2019. For the value to have increased from £51,500 to £61,302 over the six years and eleven months to May 2026, the following assumptions must hold true:

• The value of 57 SLALEY CLOSE has moved in line with the HPI for flats in the Gateshead local authority area.
• The April 2019 sale price of £51,500 represented a fair market value for the property.
• The size, condition, and specification of 57 SLALEY CLOSE has not materially changed since April 2019.

How Large is 57 SLALEY CLOSE?

57 SLALEY CLOSE is 38m² according to the EPC inspection conducted in May 2012. This puts it in the smallest 10% of flats in Gateshead, based on EPC data. 3% of flats are smaller than 57 SLALEY CLOSE, and 97% of flats are larger. Note that EPC data is not available for all properties in Gateshead.

57 SLALEY CLOSE: Plot

57 SLALEY CLOSE sits on a plot of roughly 0.041 of an acre, or 165m².

Where is 57 SLALEY CLOSE?

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