2, LEAZES PARK, HEXHAM, NE46 3AX - £315,000

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 LEAZES PARK is a detached house, which could now be worth an estimated £416,805. It was last sold for £315,000 in May 2008, which was around 16% above the average May 2008 detached price in the Northumberland local authority area.

2 LEAZES PARK Sold Prices

Land registry data shows three sales for 2 LEAZES PARK since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. All of the three 2 LEAZES 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
2008 9 MAY	£315,000	£271,813	16% above HPI
2001 2 JUL	£148,225	£114,303	30% above HPI
1997 12 DEC	£117,000	£88,975	31% above HPI

What might 2 LEAZES PARK be worth now?

2 LEAZES PARK might now be worth an estimated £416,805.

This is based on house price inflation of 32.3%, between May 2008 and April 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 32.3% inflationary increase is applied to the most recent sale price for 2 LEAZES PARK of £315,000 on 9th May 2008. For the value to have increased from £315,000 to £416,805 over the eighteen years and one month to April 2026, the following assumptions must hold true:

• The value of 2 LEAZES PARK has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The May 2008 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of 2 LEAZES PARK has not materially changed since May 2008.

Where is 2 LEAZES PARK?

2 LEAZES PARK is located in HEXHAM, in the NE46 postcode district.