8, HEDGE CLOSE, GATESHEAD, NE11 9UG - £60,950

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.

8 HEDGE CLOSE is a semi-detached house, which could now be worth an estimated £273,959. It was last sold for £60,950 in December 1996, which was around 48% above the average December 1996 semi-detached price in the Gateshead local authority area.

8 HEDGE CLOSE Sold Prices

Land registry data shows one sale for 8 HEDGE CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average semi-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
1996 4 DEC	£60,950	£41,118	48% above HPI

What might 8 HEDGE CLOSE be worth now?

8 HEDGE CLOSE might now be worth an estimated £273,959.

This is based on house price inflation of 349.5%, between December 1996 and May 2026, for semi-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 349.5% inflationary increase is applied to the most recent sale price for 8 HEDGE CLOSE of £60,950 on 4th December 1996. For the value to have increased from £60,950 to £273,959 over the 30 years and seven months to May 2026, the following assumptions must hold true:

• The value of 8 HEDGE CLOSE has moved in line with the HPI for semi-detached houses in the Gateshead local authority area.
• The December 1996 sale price of £60,950 represented a fair market value for the property.
• The size, condition, and specification of 8 HEDGE CLOSE has not materially changed since December 1996.

Where is 8 HEDGE CLOSE?

8 HEDGE CLOSE is located in GATESHEAD, in the NE11 postcode district.