3, SYLVAN CLOSE, MORPETH, NE61 2XU - £221,000

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 SYLVAN CLOSE is a detached house, which could now be worth an estimated £451,157. It was last sold for £221,000 in August 2003, which was around 23% above the average August 2003 detached price in the Northumberland local authority area.

3 SYLVAN CLOSE Sold Prices

Land registry data shows two sales for 3 SYLVAN 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. One of the two 3 SYLVAN CLOSE sales was for above the average price, whilst the other was 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 5 AUG	£221,000	£180,005	23% above HPI
1997 15 MAY	£86,500	£89,424	3% below HPI

What might 3 SYLVAN CLOSE be worth now?

3 SYLVAN CLOSE might now be worth an estimated £451,157.

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 3 SYLVAN CLOSE of £221,000 on 5th August 2003. For the value to have increased from £221,000 to £451,157 over the 23 years and three months to May 2026, the following assumptions must hold true:

• The value of 3 SYLVAN CLOSE has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The August 2003 sale price of £221,000 represented a fair market value for the property.
• The size, condition, and specification of 3 SYLVAN CLOSE has not materially changed since August 2003.

Where is 3 SYLVAN CLOSE?

3 SYLVAN CLOSE is located in MORPETH, in the NE61 postcode district.