11, THE CORNFIELDS, HEBBURN, NE31 1YJ - £76,000

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.

11 THE CORNFIELDS is a terraced house, which could now be worth an estimated £190,411. It was last sold for £76,000 in May 2003, which was around 25% above the average May 2003 terraced price in the South Tyneside local authority area.

11 THE CORNFIELDS Sold Prices

Land registry data shows two sales for 11 THE CORNFIELDS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the South Tyneside local authority area for the corresponding sale date. Both of the two 11 THE CORNFIELDS 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
2003 30 MAY	£76,000	£60,595	25% above HPI
2000 14 APR	£44,000	£40,317	9% above HPI

What might 11 THE CORNFIELDS be worth now?

11 THE CORNFIELDS might now be worth an estimated £190,411.

This is based on house price inflation of 150.5%, between May 2003 and May 2026, for terraced houses, in the South Tyneside local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 150.5% inflationary increase is applied to the most recent sale price for 11 THE CORNFIELDS of £76,000 on 30th May 2003. For the value to have increased from £76,000 to £190,411 over the 23 years to May 2026, the following assumptions must hold true:

• The value of 11 THE CORNFIELDS has moved in line with the HPI for terraced houses in the South Tyneside local authority area.
• The May 2003 sale price of £76,000 represented a fair market value for the property.
• The size, condition, and specification of 11 THE CORNFIELDS has not materially changed since May 2003.

Where is 11 THE CORNFIELDS?

11 THE CORNFIELDS is located in HEBBURN, in the NE31 postcode district.