17, HEATHFIELD, MORPETH, NE61 2TR - £43,000

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.

17 HEATHFIELD is a very small flat of 28m², built sometime between 1950 and 1966, which could now be worth an estimated £57,874. It was last sold for £43,000 in March 2014, which was around 44% below the average March 2014 flat price in the Northumberland local authority area. The most recent EPC inspection was January 2015, where the current energy rating was E, and the potential energy rating was C.

17 HEATHFIELD Sold Prices

Land registry data shows two sales for 17 HEATHFIELD 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. Both of the two 17 HEATHFIELD sales were 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
2014 13 MAR	£43,000	£77,287	44% below HPI
2001 15 JUN	£24,000	£35,914	33% below HPI

What might 17 HEATHFIELD be worth now?

17 HEATHFIELD might now be worth an estimated £57,874.

This is based on house price inflation of 34.6%, between March 2014 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 34.6% inflationary increase is applied to the most recent sale price for 17 HEATHFIELD of £43,000 on 13th March 2014. For the value to have increased from £43,000 to £57,874 over the eleven years and ten months to May 2026, the following assumptions must hold true:

• The value of 17 HEATHFIELD has moved in line with the HPI for flats in the Northumberland local authority area.
• The March 2014 sale price of £43,000 represented a fair market value for the property.
• The size, condition, and specification of 17 HEATHFIELD has not materially changed since March 2014.

How Large is 17 HEATHFIELD?

17 HEATHFIELD is 28m² according to the EPC inspection conducted in January 2015. This puts it in the smallest 10% of flats in Morpeth, based on EPC data. Less than 1% of flats are smaller than 17 HEATHFIELD, and more than 99% of flats are larger. Note that EPC data is not available for all properties in Morpeth.

17 HEATHFIELD: Plot

17 HEATHFIELD sits on a plot of roughly 0.009 of an acre, or 36m².

Where is 17 HEATHFIELD?

17 HEATHFIELD is located in MORPETH, in the NE61 postcode district.