6, SKIPPER CLOSE, GATESHEAD, NE11 9NG - £220,000

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 SKIPPER CLOSE is a detached house, which could now be worth an estimated £372,116. It was last sold for £220,000 in May 2004, which was around 26% above the average May 2004 detached price in the Gateshead local authority area.

6 SKIPPER CLOSE Sold Prices

Land registry data shows two sales for 6 SKIPPER CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Gateshead local authority area for the corresponding sale date. Both of the two 6 SKIPPER 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
2004 17 MAY	£220,000	£175,187	26% above HPI
2001 19 OCT	£150,995	£98,594	53% above HPI

What might 6 SKIPPER CLOSE be worth now?

6 SKIPPER CLOSE might now be worth an estimated £372,116.

This is based on house price inflation of 69.1%, between May 2004 and May 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 69.1% inflationary increase is applied to the most recent sale price for 6 SKIPPER CLOSE of £220,000 on 17th May 2004. For the value to have increased from £220,000 to £372,116 over the 22 years to May 2026, the following assumptions must hold true:

• The value of 6 SKIPPER CLOSE has moved in line with the HPI for detached houses in the Gateshead local authority area.
• The May 2004 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 6 SKIPPER CLOSE has not materially changed since May 2004.

Where is 6 SKIPPER CLOSE?

6 SKIPPER CLOSE is located in GATESHEAD, in the NE11 postcode district.