2, COUNTY MILLS, HEXHAM, NE46 1PN - £48,000

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.

2 COUNTY MILLS is a small flat of 57m², built sometime before 1900, which could now be worth an estimated £59,511. It was last sold for £48,000 in May 2018, which was around 43% below the average May 2018 flat price in the Northumberland local authority area. The most recent EPC inspection was July 2012, where the current energy rating was D, and the potential energy rating was B.

2 COUNTY MILLS Sold Prices

Land registry data shows two sales for 2 COUNTY MILLS 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 2 COUNTY MILLS sales was for below the average price, whilst the other was 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
2018 1 MAY	£48,000	£83,900	43% below HPI
1998 9 JAN	£29,750	£27,862	7% above HPI

What might 2 COUNTY MILLS be worth now?

2 COUNTY MILLS might now be worth an estimated £59,511.

This is based on house price inflation of 24%, between May 2018 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 24% inflationary increase is applied to the most recent sale price for 2 COUNTY MILLS of £48,000 on 1st May 2018. For the value to have increased from £48,000 to £59,511 over the eight years to May 2026, the following assumptions must hold true:

• The value of 2 COUNTY MILLS has moved in line with the HPI for flats in the Northumberland local authority area.
• The May 2018 sale price of £48,000 represented a fair market value for the property.
• The size, condition, and specification of 2 COUNTY MILLS has not materially changed since May 2018.

How Large is 2 COUNTY MILLS?

2 COUNTY MILLS is 57m² according to the EPC inspection conducted in July 2012. This puts it in the smallest 40% of flats in Hexham, based on EPC data. 32% of flats are smaller than 2 COUNTY MILLS, and 66% of flats are larger. Note that EPC data is not available for all properties in Hexham.

2 COUNTY MILLS: Plot

2 COUNTY MILLS sits on a plot of roughly 0.307 of an acre, or 1,241m².

Where is 2 COUNTY MILLS?

2 COUNTY MILLS is located in HEXHAM, in the NE46 postcode district.