1, SMITHS CLOSE, MORPETH, NE61 2ZF - £330,000

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 SMITHS CLOSE is a detached house, which could now be worth an estimated £364,474. It was last sold for £330,000 in March 2023, which was around 1% above the average March 2023 detached price in the Northumberland local authority area.

1 SMITHS CLOSE Sold Prices

Land registry data shows two sales for 1 SMITHS CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. Both of the two 1 SMITHS 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
2023 31 MAR	£330,000	£325,641	1% above HPI
2020 27 NOV	£316,995	£290,623	9% above HPI

What might 1 SMITHS CLOSE be worth now?

1 SMITHS CLOSE might now be worth an estimated £364,474.

This is based on house price inflation of 10.4%, between March 2023 and April 2026, for detached houses, in the Northumberland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 10.4% inflationary increase is applied to the most recent sale price for 1 SMITHS CLOSE of £330,000 on 31st March 2023. For the value to have increased from £330,000 to £364,474 over the two years and eleven months to April 2026, the following assumptions must hold true:

• The value of 1 SMITHS CLOSE has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The March 2023 sale price of £330,000 represented a fair market value for the property.
• The size, condition, and specification of 1 SMITHS CLOSE has not materially changed since March 2023.

Where is 1 SMITHS CLOSE?

1 SMITHS CLOSE is located in MORPETH, in the NE61 postcode district.