8, THROPTON CLOSE, GATESHEAD, NE10 8SP - £179,000

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 THROPTON CLOSE is a semi-detached house, which could now be worth an estimated £241,518. It was last sold for £179,000 in March 2008, which was around 31% above the average March 2008 semi-detached price in the Gateshead local authority area.

8 THROPTON CLOSE Sold Prices

Land registry data shows two sales for 8 THROPTON CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Gateshead local authority area for the corresponding sale date. Both of the two 8 THROPTON 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
2008 20 MAR	£179,000	£136,977	31% above HPI
2003 31 OCT	£120,000	£90,723	32% above HPI

What might 8 THROPTON CLOSE be worth now?

8 THROPTON CLOSE might now be worth an estimated £241,518.

This is based on house price inflation of 34.9%, between March 2008 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 34.9% inflationary increase is applied to the most recent sale price for 8 THROPTON CLOSE of £179,000 on 20th March 2008. For the value to have increased from £179,000 to £241,518 over the seventeen years and ten months to May 2026, the following assumptions must hold true:

• The value of 8 THROPTON CLOSE has moved in line with the HPI for semi-detached houses in the Gateshead local authority area.
• The March 2008 sale price of £179,000 represented a fair market value for the property.
• The size, condition, and specification of 8 THROPTON CLOSE has not materially changed since March 2008.

Where is 8 THROPTON CLOSE?

8 THROPTON CLOSE is located in GATESHEAD, in the NE10 postcode district.