13, OLIVERS MILL, MORPETH, NE61 1PP - £47,500

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.

13 OLIVERS MILL is a flat, which could now be worth an estimated £103,554. It was last sold for £47,500 in November 2002, which was about the average November 2002 flat price in the Northumberland local authority area.

13 OLIVERS MILL Sold Prices

Land registry data shows two sales for 13 OLIVERS MILL since 1^st January 1995. The below table shows the price paid for the two sales, along with the average flat price in the Northumberland local authority area for the corresponding sale date. One of the two 13 OLIVERS MILL sales was roughly equal to the average price, whilst the other was for below 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
2002 1 NOV	£47,500	£47,714	Close to HPI
1996 16 FEB	£25,500	£26,761	5% below HPI

What might 13 OLIVERS MILL be worth now?

13 OLIVERS MILL might now be worth an estimated £103,554.

This is based on house price inflation of 118%, between November 2002 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 118% inflationary increase is applied to the most recent sale price for 13 OLIVERS MILL of £47,500 on 1st November 2002. For the value to have increased from £47,500 to £103,554 over the 24 years and six months to May 2026, the following assumptions must hold true:

• The value of 13 OLIVERS MILL has moved in line with the HPI for flats in the Northumberland local authority area.
• The November 2002 sale price of £47,500 represented a fair market value for the property.
• The size, condition, and specification of 13 OLIVERS MILL has not materially changed since November 2002.

Where is 13 OLIVERS MILL?

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