3, COUNTY MILLS, HEXHAM, NE46 1PN - £62,250

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 COUNTY MILLS is a small flat of 52m², built sometime before 1900, which could now be worth an estimated £77,189. It was last sold for £62,250 in November 2010, which was around 26% below the average November 2010 flat price in the Northumberland local authority area. The most recent EPC inspection was August 2009, where the current energy rating was C, and the potential energy rating was C.

3 COUNTY MILLS Sold Prices

Land registry data shows four sales for 3 COUNTY MILLS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average flat price in the Northumberland local authority area for the corresponding sale date. All of the four 3 COUNTY MILLS 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
2010 12 NOV	£62,250	£83,889	26% below HPI
2005 29 JUL	£65,525	£86,074	24% below HPI
1998 21 DEC	£27,500	£30,451	10% below HPI
1996 2 AUG	£24,500	£29,305	16% below HPI

What might 3 COUNTY MILLS be worth now?

3 COUNTY MILLS might now be worth an estimated £77,189.

This is based on house price inflation of 24%, between November 2010 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 3 COUNTY MILLS of £62,250 on 12th November 2010. For the value to have increased from £62,250 to £77,189 over the sixteen years and six months to May 2026, the following assumptions must hold true:

• The value of 3 COUNTY MILLS has moved in line with the HPI for flats in the Northumberland local authority area.
• The November 2010 sale price of £62,250 represented a fair market value for the property.
• The size, condition, and specification of 3 COUNTY MILLS has not materially changed since November 2010.

How Large is 3 COUNTY MILLS?

3 COUNTY MILLS is 52m² according to the EPC inspection conducted in August 2009. This puts it in the smallest 30% of flats in Hexham, based on EPC data. 20% of flats are smaller than 3 COUNTY MILLS, and 80% of flats are larger. Note that EPC data is not available for all properties in Hexham.

3 COUNTY MILLS: Plot

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

Where is 3 COUNTY MILLS?

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