4, MILLSIDE, MORPETH, NE61 1PN - £135,000

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.

4 MILLSIDE is a midsized flat of 66m², built sometime between 1996 and 2002, which could now be worth an estimated £202,873. It was last sold for £135,000 in April 2004, which was around 100% above the average April 2004 flat price in the Northumberland local authority area. The most recent EPC inspection was May 2011, where the current energy rating was C, and the potential energy rating was C.

4 MILLSIDE Sold Prices

Land registry data shows two sales for 4 MILLSIDE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average flat price in the Northumberland local authority area for the corresponding sale date. Both of the two 4 MILLSIDE 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
2004 14 APR	£135,000	£67,563	100% above HPI
1996 28 JUN	£55,000	£28,706	92% above HPI

What might 4 MILLSIDE be worth now?

4 MILLSIDE might now be worth an estimated £202,873.

This is based on house price inflation of 50.3%, between April 2004 and April 2026, for flats, in the Northumberland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 50.3% inflationary increase is applied to the most recent sale price for 4 MILLSIDE of £135,000 on 14th April 2004. For the value to have increased from £135,000 to £202,873 over the 22 years to April 2026, the following assumptions must hold true:

• The value of 4 MILLSIDE has moved in line with the HPI for flats in the Northumberland local authority area.
• The April 2004 sale price of £135,000 represented a fair market value for the property.
• The size, condition, and specification of 4 MILLSIDE has not materially changed since April 2004.

How Large is 4 MILLSIDE?

4 MILLSIDE is 66m² according to the EPC inspection conducted in May 2011. This puts it in the largest 50% of flats in Morpeth, based on EPC data. 54% of flats are smaller than 4 MILLSIDE, and 46% of flats are larger. Note that EPC data is not available for all properties in Morpeth.

4 MILLSIDE: Plot

4 MILLSIDE sits on a plot of roughly 0.020 of an acre, or 81m².

Where is 4 MILLSIDE?

4 MILLSIDE is located in MORPETH, in the NE61 postcode district.