7, OLIVERS MILL, MORPETH, NE61 1PP - £23,750

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.

7 OLIVERS MILL is a small flat of 60m², built sometime before 1900, which could now be worth an estimated £92,317. It was last sold for £23,750 in February 1996, which was around 11% below the average February 1996 flat price in the Northumberland local authority area. The most recent EPC inspection was June 2021, where the current energy rating was C, and the potential energy rating was C.

7 OLIVERS MILL Sold Prices

Land registry data shows one sale for 7 OLIVERS MILL since 1^st January 1995. The below table shows the price paid for the one sale, along with the average flat price in the Northumberland 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 8 FEB	£23,750	£26,761	11% below HPI

What might 7 OLIVERS MILL be worth now?

7 OLIVERS MILL might now be worth an estimated £92,317.

This is based on house price inflation of 288.7%, between February 1996 and May 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 288.7% inflationary increase is applied to the most recent sale price for 7 OLIVERS MILL of £23,750 on 8th February 1996. For the value to have increased from £23,750 to £92,317 over the 29 years and nine months to May 2026, the following assumptions must hold true:

• The value of 7 OLIVERS MILL has moved in line with the HPI for flats in the Northumberland local authority area.
• The February 1996 sale price of £23,750 represented a fair market value for the property.
• The size, condition, and specification of 7 OLIVERS MILL has not materially changed since February 1996.

How Large is 7 OLIVERS MILL?

7 OLIVERS MILL is 60m² according to the EPC inspection conducted in June 2021. This puts it in the smallest 40% of flats in Morpeth, based on EPC data. 36% of flats are smaller than 7 OLIVERS MILL, and 62% of flats are larger. Note that EPC data is not available for all properties in Morpeth.

7 OLIVERS MILL: Plot

7 OLIVERS MILL sits on a plot of roughly 0.295 of an acre, or 1,194m².

Where is 7 OLIVERS MILL?

7 OLIVERS MILL is located in MORPETH, in the NE61 postcode district.