8, SHERIFFS CLOSE, FELLING, GATESHEAD, NE10 9TW - £43,000

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.

8 SHERIFFS CLOSE is a terraced house, which could now be worth an estimated £174,133. It was last sold for £43,000 in May 2000, which was around 13% above the average May 2000 terraced price in the Gateshead local authority area.

8 SHERIFFS CLOSE Sold Prices

Land registry data shows two sales for 8 SHERIFFS CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Gateshead local authority area for the corresponding sale date. Both of the two 8 SHERIFFS 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
2000 5 MAY	£43,000	£38,049	13% above HPI
1995 28 APR	£40,500	£35,086	15% above HPI

What might 8 SHERIFFS CLOSE be worth now?

8 SHERIFFS CLOSE might now be worth an estimated £174,133.

This is based on house price inflation of 305%, between May 2000 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 305% inflationary increase is applied to the most recent sale price for 8 SHERIFFS CLOSE of £43,000 on 5th May 2000. For the value to have increased from £43,000 to £174,133 over the 26 years to May 2026, the following assumptions must hold true:

• The value of 8 SHERIFFS CLOSE has moved in line with the HPI for terraced houses in the Gateshead local authority area.
• The May 2000 sale price of £43,000 represented a fair market value for the property.
• The size, condition, and specification of 8 SHERIFFS CLOSE has not materially changed since May 2000.

Where is 8 SHERIFFS CLOSE?

8 SHERIFFS CLOSE is located in FELLING, in the NE10 postcode district.