3, BOUNDARY DRIVE, MORPETH, NE61 2RX - £264,000

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.

3 BOUNDARY DRIVE is a detached house, which could now be worth an estimated £362,931. It was last sold for £264,000 in July 2007, which was around 1% below the average July 2007 detached price in the Northumberland local authority area.

3 BOUNDARY DRIVE Sold Prices

Land registry data shows four sales for 3 BOUNDARY DRIVE 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. Two of the four 3 BOUNDARY DRIVE sales were for below the average price, whilst one 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
2007 23 JUL	£264,000	£267,300	1% below HPI
2006 25 AUG	£248,000	£249,958	1% below HPI
1999 30 JUL	£101,000	£101,180	Close to HPI
1995 14 JUL	£99,950	£83,870	19% above HPI

What might 3 BOUNDARY DRIVE be worth now?

3 BOUNDARY DRIVE might now be worth an estimated £362,931.

This is based on house price inflation of 37.5%, between July 2007 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 37.5% inflationary increase is applied to the most recent sale price for 3 BOUNDARY DRIVE of £264,000 on 23rd July 2007. For the value to have increased from £264,000 to £362,931 over the nineteen years and two months to May 2026, the following assumptions must hold true:

• The value of 3 BOUNDARY DRIVE has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The July 2007 sale price of £264,000 represented a fair market value for the property.
• The size, condition, and specification of 3 BOUNDARY DRIVE has not materially changed since July 2007.

Where is 3 BOUNDARY DRIVE?

3 BOUNDARY DRIVE is located in MORPETH, in the NE61 postcode district.