18, CRANESHAUGH CLOSE, HEXHAM, NE46 2PG - £128,000

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.

18 CRANESHAUGH CLOSE is a small flat of 57m², which could now be worth an estimated £132,248. It was last sold for £128,000 in October 2007, which was around 30% above the average October 2007 flat price in the Northumberland local authority area. The most recent EPC inspection was October 2009, where the current energy rating was B, and the potential energy rating was B.

18 CRANESHAUGH CLOSE Sold Prices

Land registry data shows five sales for 18 CRANESHAUGH CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average flat price in the Northumberland local authority area for the corresponding sale date. All of the five 18 CRANESHAUGH 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
2007 8 OCT	£128,000	£98,270	30% above HPI
2007 19 JAN	£125,000	£94,253	33% above HPI
2005 13 SEP	£120,000	£87,262	38% above HPI
2001 15 JAN	£54,000	£33,230	63% above HPI
1997 19 DEC	£42,000	£28,119	49% above HPI

What might 18 CRANESHAUGH CLOSE be worth now?

18 CRANESHAUGH CLOSE might now be worth an estimated £132,248.

This is based on house price inflation of 3.3%, between October 2007 and April 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 3.3% inflationary increase is applied to the most recent sale price for 18 CRANESHAUGH CLOSE of £128,000 on 8th October 2007. For the value to have increased from £128,000 to £132,248 over the nineteen years and six months to April 2026, the following assumptions must hold true:

• The value of 18 CRANESHAUGH CLOSE has moved in line with the HPI for flats in the Northumberland local authority area.
• The October 2007 sale price of £128,000 represented a fair market value for the property.
• The size, condition, and specification of 18 CRANESHAUGH CLOSE has not materially changed since October 2007.

How Large is 18 CRANESHAUGH CLOSE?

18 CRANESHAUGH CLOSE is 57m² according to the EPC inspection conducted in October 2009. This puts it in the smallest 40% of flats in Hexham, based on EPC data. 33% of flats are smaller than 18 CRANESHAUGH CLOSE, and 67% of flats are larger. Note that EPC data is not available for all properties in Hexham.

18 CRANESHAUGH CLOSE: Plot

18 CRANESHAUGH CLOSE sits on a plot of roughly 0.016 of an acre, or 63m².

Where is 18 CRANESHAUGH CLOSE?

18 CRANESHAUGH CLOSE is located in HEXHAM, in the NE46 postcode district.