12, RECTORY PARK, MORPETH, NE61 2SZ - £410,000

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.

12 RECTORY PARK is a detached house, which could now be worth an estimated £557,344. It was last sold for £410,000 in December 2007, which was around 52% above the average December 2007 detached price in the Northumberland local authority area.

12 RECTORY PARK Sold Prices

Land registry data shows two sales for 12 RECTORY PARK 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 12 RECTORY PARK 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
2007 19 DEC	£410,000	£270,321	52% above HPI
2000 13 OCT	£145,000	£109,148	33% above HPI

What might 12 RECTORY PARK be worth now?

12 RECTORY PARK might now be worth an estimated £557,344.

This is based on house price inflation of 35.9%, between December 2007 and May 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 35.9% inflationary increase is applied to the most recent sale price for 12 RECTORY PARK of £410,000 on 19th December 2007. For the value to have increased from £410,000 to £557,344 over the nineteen years and seven months to May 2026, the following assumptions must hold true:

• The value of 12 RECTORY PARK has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The December 2007 sale price of £410,000 represented a fair market value for the property.
• The size, condition, and specification of 12 RECTORY PARK has not materially changed since December 2007.

Where is 12 RECTORY PARK?

12 RECTORY PARK is located in MORPETH, in the NE61 postcode district.