37, CONWAY CLOSE, RYTON, NE40 3NZ - £218,500

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.

37 CONWAY CLOSE is a midsized extended detached house of 111m², built sometime between 1996 and 2002, which could now be worth an estimated £261,520. It was last sold for £218,500 in September 2018, which was around 7% below the average September 2018 detached price in the Gateshead local authority area. The most recent EPC inspection was October 2011, where the current energy rating was C, and the potential energy rating was C.

37 CONWAY CLOSE Sold Prices

Land registry data shows three sales for 37 CONWAY CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Gateshead local authority area for the corresponding sale date. One of the three 37 CONWAY CLOSE sales was for below the average price, whilst two 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
2018 28 SEP	£218,500	£234,781	7% below HPI
2001 26 JAN	£110,500	£89,933	23% above HPI
1997 18 DEC	£91,995	£77,308	19% above HPI

37 CONWAY CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Gateshead local authority area over time, sourced from the HPI. The three 37 CONWAY CLOSE sales between December 1997 and September 2018 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the January 2001 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the September 2018 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 37 CONWAY CLOSE be worth now?

37 CONWAY CLOSE might now be worth an estimated £261,520.

This is based on house price inflation of 19.7%, between September 2018 and February 2025, 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 19.7% inflationary increase is applied to the most recent sale price for 37 CONWAY CLOSE of £218,500 on 28th September 2018. For the value to have increased from £218,500 to £261,520 over the seven years and seven months to February 2025, the following assumptions must hold true:

• The value of 37 CONWAY CLOSE has moved in line with the HPI for detached houses in the Gateshead local authority area.
• The September 2018 sale price of £218,500 represented a fair market value for the property.
• The size, condition, and specification of 37 CONWAY CLOSE has not materially changed since September 2018.

How Large is 37 CONWAY CLOSE?

37 CONWAY CLOSE is 111m², which includes one extension, according to the EPC inspection conducted in October 2011. This puts it in the smallest 50% of detached houses houses in Ryton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ryton, and where 37 CONWAY CLOSE lies on this distribution: 43% of detached houses houses are smaller than 37 CONWAY CLOSE, and 57% of houses are larger. Note that EPC data is not available for all properties in Ryton.

37 CONWAY CLOSE: Plot and Title Map

37 CONWAY CLOSE sits on a plot of roughly 0.066 of an acre, or 267m². The below map shows the location of 37 CONWAY CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 37 CONWAY CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 37 CONWAY CLOSE?

37 CONWAY CLOSE is located in RYTON, in the NE40 postcode district. The below map shows the position of No. 37 on CONWAY CLOSE.