7, HEMLINGTON CLOSE, RYHOPE, SUNDERLAND, SR2 0LE - £111,000

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.

7 HEMLINGTON CLOSE is a detached house, which could now be worth an estimated £314,291. It was last sold for £111,000 in July 2001, which was around 20% above the average July 2001 detached price in the Sunderland local authority area.

7 HEMLINGTON CLOSE Sold Prices

Land registry data shows two sales for 7 HEMLINGTON 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 Sunderland local authority area for the corresponding sale date. Both of the two 7 HEMLINGTON 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
2001 20 JUL	£111,000	£92,722	20% above HPI
1997 27 MAR	£95,950	£73,499	31% above HPI

What might 7 HEMLINGTON CLOSE be worth now?

7 HEMLINGTON CLOSE might now be worth an estimated £314,291.

This is based on house price inflation of 183.1%, between July 2001 and May 2026, for detached houses, in the Sunderland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 183.1% inflationary increase is applied to the most recent sale price for 7 HEMLINGTON CLOSE of £111,000 on 20th July 2001. For the value to have increased from £111,000 to £314,291 over the 25 years and two months to May 2026, the following assumptions must hold true:

• The value of 7 HEMLINGTON CLOSE has moved in line with the HPI for detached houses in the Sunderland local authority area.
• The July 2001 sale price of £111,000 represented a fair market value for the property.
• The size, condition, and specification of 7 HEMLINGTON CLOSE has not materially changed since July 2001.

Where is 7 HEMLINGTON CLOSE?

7 HEMLINGTON CLOSE is located in RYHOPE, in the SR2 postcode district.