70, SHERIFFS HIGHWAY, GATESHEAD, NE9 5UE - £72,500

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.

70 SHERIFFS HIGHWAY is a large extended flat of 71m², built sometime before 1900, which could now be worth an estimated £87,047. It was last sold for £72,500 in February 2005, which was around 12% below the average February 2005 flat price in the Gateshead local authority area. The most recent EPC inspection was December 2015, where the current energy rating was D, and the potential energy rating was C.

70 SHERIFFS HIGHWAY Sold Prices

Land registry data shows two sales for 70 SHERIFFS HIGHWAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average flat price in the Gateshead local authority area for the corresponding sale date. Both of the two 70 SHERIFFS HIGHWAY sales were for below 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
2005 22 FEB	£72,500	£82,757	12% below HPI
1996 8 OCT	£14,000	£28,932	52% below HPI

What might 70 SHERIFFS HIGHWAY be worth now?

70 SHERIFFS HIGHWAY might now be worth an estimated £87,047.

This is based on house price inflation of 20.1%, between February 2005 and May 2026, for flats, in the Gateshead local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 20.1% inflationary increase is applied to the most recent sale price for 70 SHERIFFS HIGHWAY of £72,500 on 22nd February 2005. For the value to have increased from £72,500 to £87,047 over the twenty years and nine months to May 2026, the following assumptions must hold true:

• The value of 70 SHERIFFS HIGHWAY has moved in line with the HPI for flats in the Gateshead local authority area.
• The February 2005 sale price of £72,500 represented a fair market value for the property.
• The size, condition, and specification of 70 SHERIFFS HIGHWAY has not materially changed since February 2005.

How Large is 70 SHERIFFS HIGHWAY?

70 SHERIFFS HIGHWAY is 71m², which includes two extensions, according to the EPC inspection conducted in December 2015. This puts it in the largest 30% of flats in Gateshead, based on EPC data. 74% of flats are smaller than 70 SHERIFFS HIGHWAY, and 24% of flats are larger. Note that EPC data is not available for all properties in Gateshead.

70 SHERIFFS HIGHWAY: Plot

70 SHERIFFS HIGHWAY sits on a plot of roughly 0.032 of an acre, or 131m².

Where is 70 SHERIFFS HIGHWAY?

70 SHERIFFS HIGHWAY is located in GATESHEAD, in the NE9 postcode district.