3, HEATHFIELD, MORPETH, NE61 2TR - £45,000

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 HEATHFIELD is a very small flat of 36m², built sometime between 1976 and 1982, which could now be worth an estimated £70,549. It was last sold for £45,000 in November 2003, which was around 32% below the average November 2003 flat price in the Northumberland local authority area. The most recent EPC inspection was April 2009, where the current energy rating was D, and the potential energy rating was D.

3 HEATHFIELD Sold Prices

Land registry data shows one sale for 3 HEATHFIELD since 1^st January 1995. The below table shows the price paid for the one sale, along with the average flat price in the Northumberland local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2003 5 NOV	£45,000	£66,350	32% below HPI

What might 3 HEATHFIELD be worth now?

3 HEATHFIELD might now be worth an estimated £70,549.

This is based on house price inflation of 56.8%, between November 2003 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 56.8% inflationary increase is applied to the most recent sale price for 3 HEATHFIELD of £45,000 on 5th November 2003. For the value to have increased from £45,000 to £70,549 over the 23 years and six months to May 2026, the following assumptions must hold true:

• The value of 3 HEATHFIELD has moved in line with the HPI for flats in the Northumberland local authority area.
• The November 2003 sale price of £45,000 represented a fair market value for the property.
• The size, condition, and specification of 3 HEATHFIELD has not materially changed since November 2003.

How Large is 3 HEATHFIELD?

3 HEATHFIELD is 36m² according to the EPC inspection conducted in April 2009. This puts it in the smallest 10% of flats in Morpeth, based on EPC data. 4% of flats are smaller than 3 HEATHFIELD, and 96% of flats are larger. Note that EPC data is not available for all properties in Morpeth.

3 HEATHFIELD: Plot

3 HEATHFIELD sits on a plot of roughly 0.009 of an acre, or 37m².

Where is 3 HEATHFIELD?

3 HEATHFIELD is located in MORPETH, in the NE61 postcode district.