7, SKIPPER CLOSE, GATESHEAD, NE11 9NG - £145,995

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 SKIPPER CLOSE is a detached house, which could now be worth an estimated £454,492. It was last sold for £145,995 in June 2001, which was around 56% above the average June 2001 detached price in the Gateshead local authority area.

7 SKIPPER CLOSE Sold Prices

Land registry data shows one sale for 7 SKIPPER CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached 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
2001 8 JUN	£145,995	£93,618	56% above HPI

What might 7 SKIPPER CLOSE be worth now?

7 SKIPPER CLOSE might now be worth an estimated £454,492.

This is based on house price inflation of 211.3%, between June 2001 and March 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 211.3% inflationary increase is applied to the most recent sale price for 7 SKIPPER CLOSE of £145,995 on 8th June 2001. For the value to have increased from £145,995 to £454,492 over the 25 years and three months to March 2026, the following assumptions must hold true:

• The value of 7 SKIPPER CLOSE has moved in line with the HPI for detached houses in the Gateshead local authority area.
• The June 2001 sale price of £145,995 represented a fair market value for the property.
• The size, condition, and specification of 7 SKIPPER CLOSE has not materially changed since June 2001.

Where is 7 SKIPPER CLOSE?

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