2, RIVER VIEW CLOSE, BEDLINGTON, NE22 5LP - £113,000

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 RIVER VIEW CLOSE is a detached house, which could now be worth an estimated £230,682. It was last sold for £113,000 in August 2003, which was around 37% below the average August 2003 detached price in the Northumberland local authority area.

2 RIVER VIEW CLOSE Sold Prices

Land registry data shows four sales for 2 RIVER VIEW CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. All of the four 2 RIVER VIEW CLOSE 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
2003 7 AUG	£113,000	£180,005	37% below HPI
2002 25 OCT	£95,000	£142,905	34% below HPI
2000 18 DEC	£55,000	£105,556	48% below HPI
1998 21 SEP	£64,000	£96,881	34% below HPI

What might 2 RIVER VIEW CLOSE be worth now?

2 RIVER VIEW CLOSE might now be worth an estimated £230,682.

This is based on house price inflation of 104.1%, between August 2003 and May 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 104.1% inflationary increase is applied to the most recent sale price for 2 RIVER VIEW CLOSE of £113,000 on 7th August 2003. For the value to have increased from £113,000 to £230,682 over the 23 years and three months to May 2026, the following assumptions must hold true:

• The value of 2 RIVER VIEW CLOSE has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The August 2003 sale price of £113,000 represented a fair market value for the property.
• The size, condition, and specification of 2 RIVER VIEW CLOSE has not materially changed since August 2003.

Where is 2 RIVER VIEW CLOSE?

2 RIVER VIEW CLOSE is located in BEDLINGTON, in the NE22 postcode district.