6, LONG BANK, GATESHEAD, NE9 7HE - £56,000

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.

6 LONG BANK is a terraced house, which could now be worth an estimated £237,241. It was last sold for £56,000 in August 1998, which was around 57% above the average August 1998 terraced price in the Gateshead local authority area.

6 LONG BANK Sold Prices

Land registry data shows one sale for 6 LONG BANK since 1^st January 1995. The below table shows the price paid for the one sale, along with the average terraced 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
1998 7 AUG	£56,000	£35,745	57% above HPI

What might 6 LONG BANK be worth now?

6 LONG BANK might now be worth an estimated £237,241.

This is based on house price inflation of 323.6%, between August 1998 and March 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 323.6% inflationary increase is applied to the most recent sale price for 6 LONG BANK of £56,000 on 7th August 1998. For the value to have increased from £56,000 to £237,241 over the 28 years and five months to March 2026, the following assumptions must hold true:

• The value of 6 LONG BANK has moved in line with the HPI for terraced houses in the Gateshead local authority area.
• The August 1998 sale price of £56,000 represented a fair market value for the property.
• The size, condition, and specification of 6 LONG BANK has not materially changed since August 1998.

Where is 6 LONG BANK?

6 LONG BANK is located in GATESHEAD, in the NE9 postcode district.