1, RYE TERRACE, HEXHAM, NE46 3DX - £116,000

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.

1 RYE TERRACE is a flat, which could now be worth an estimated £136,884. It was last sold for £116,000 in March 2006, which was around 32% above the average March 2006 flat price in the Northumberland local authority area.

1 RYE TERRACE Sold Prices

Land registry data shows three sales for 1 RYE TERRACE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average flat price in the Northumberland local authority area for the corresponding sale date. All of the three 1 RYE TERRACE 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
2006 20 MAR	£116,000	£88,151	32% above HPI
2001 22 MAR	£47,999	£32,873	46% above HPI
1999 24 SEP	£45,000	£31,083	45% above HPI

What might 1 RYE TERRACE be worth now?

1 RYE TERRACE might now be worth an estimated £136,884.

This is based on house price inflation of 18%, between March 2006 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 18% inflationary increase is applied to the most recent sale price for 1 RYE TERRACE of £116,000 on 20th March 2006. For the value to have increased from £116,000 to £136,884 over the nineteen years and ten months to May 2026, the following assumptions must hold true:

• The value of 1 RYE TERRACE has moved in line with the HPI for flats in the Northumberland local authority area.
• The March 2006 sale price of £116,000 represented a fair market value for the property.
• The size, condition, and specification of 1 RYE TERRACE has not materially changed since March 2006.

Where is 1 RYE TERRACE?

1 RYE TERRACE is located in HEXHAM, in the NE46 postcode district.