2, SIMONSIDE CLOSE, MORPETH, NE61 2XY - £290,000

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 SIMONSIDE CLOSE is a detached house, which could now be worth an estimated £474,529. It was last sold for £290,000 in January 2005, which was around 32% above the average January 2005 detached price in the Northumberland local authority area.

2 SIMONSIDE CLOSE Sold Prices

Land registry data shows two sales for 2 SIMONSIDE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. Both of the two 2 SIMONSIDE 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
2005 28 JAN	£290,000	£219,800	32% above HPI
1998 24 JUL	£120,000	£93,968	28% above HPI

What might 2 SIMONSIDE CLOSE be worth now?

2 SIMONSIDE CLOSE might now be worth an estimated £474,529.

This is based on house price inflation of 63.6%, between January 2005 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 63.6% inflationary increase is applied to the most recent sale price for 2 SIMONSIDE CLOSE of £290,000 on 28th January 2005. For the value to have increased from £290,000 to £474,529 over the twenty years and nine months to April 2026, the following assumptions must hold true:

• The value of 2 SIMONSIDE CLOSE has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The January 2005 sale price of £290,000 represented a fair market value for the property.
• The size, condition, and specification of 2 SIMONSIDE CLOSE has not materially changed since January 2005.

Where is 2 SIMONSIDE CLOSE?

2 SIMONSIDE CLOSE is located in MORPETH, in the NE61 postcode district.