7, DOBSON CLOSE, HIGH SPEN, ROWLANDS GILL, NE39 2BF - £124,995

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.

7 DOBSON CLOSE is a very small extended terraced house of 62m², built sometime between 2003 and 2006, which could now be worth an estimated £181,823. It was last sold for £124,995 in August 2010, which was around 18% above the average August 2010 terraced price in the Gateshead local authority area. The most recent EPC inspection was July 2021, where the current energy rating was C, and the potential energy rating was B.

7 DOBSON CLOSE Sold Prices

Land registry data shows one sale for 7 DOBSON CLOSE 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
2010 16 AUG	£124,995	£105,925	18% above HPI

What might 7 DOBSON CLOSE be worth now?

7 DOBSON CLOSE might now be worth an estimated £181,823.

This is based on house price inflation of 45.5%, between August 2010 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 45.5% inflationary increase is applied to the most recent sale price for 7 DOBSON CLOSE of £124,995 on 16th August 2010. For the value to have increased from £124,995 to £181,823 over the sixteen years and three months to May 2026, the following assumptions must hold true:

• The value of 7 DOBSON CLOSE has moved in line with the HPI for terraced houses in the Gateshead local authority area.
• The August 2010 sale price of £124,995 represented a fair market value for the property.
• The size, condition, and specification of 7 DOBSON CLOSE has not materially changed since August 2010.

How Large is 7 DOBSON CLOSE?

7 DOBSON CLOSE is 62m², which includes one extension, according to the EPC inspection conducted in July 2021. This puts it in the smallest 20% of terraced houses in High Spen, based on EPC data. The below chart shows the distribution of terraced houses by size in High Spen, and where 7 DOBSON CLOSE lies on this distribution: 12% of terraced houses are smaller than 7 DOBSON CLOSE, and 86% of terraced houses are larger. Note that EPC data is not available for all properties in High Spen.

7 DOBSON CLOSE: Plot

7 DOBSON CLOSE sits on a plot of roughly 0.059 of an acre, or 240m².

Where is 7 DOBSON CLOSE?

7 DOBSON CLOSE is located in HIGH SPEN, in the NE39 postcode district.