33, CORDWAINERS, MORPETH, NE61 2ZN - £106,000

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.

33 CORDWAINERS is a small flat of 58m², built in 2016, which could now be worth an estimated £135,808. It was last sold for £106,000 in June 2020, which was around 31% above the average June 2020 flat price in the Northumberland local authority area. The most recent EPC inspection was May 2017, where the current energy rating was B, and the potential energy rating was B.

33 CORDWAINERS Sold Prices

Land registry data shows two sales for 33 CORDWAINERS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average flat price in the Northumberland local authority area for the corresponding sale date. Both of the two 33 CORDWAINERS 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
2020 29 JUN	£106,000	£81,190	31% above HPI
2017 19 MAY	£103,250	£82,954	24% above HPI

What might 33 CORDWAINERS be worth now?

33 CORDWAINERS might now be worth an estimated £135,808.

This is based on house price inflation of 28.1%, between June 2020 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 28.1% inflationary increase is applied to the most recent sale price for 33 CORDWAINERS of £106,000 on 29th June 2020. For the value to have increased from £106,000 to £135,808 over the six years and one month to May 2026, the following assumptions must hold true:

• The value of 33 CORDWAINERS has moved in line with the HPI for flats in the Northumberland local authority area.
• The June 2020 sale price of £106,000 represented a fair market value for the property.
• The size, condition, and specification of 33 CORDWAINERS has not materially changed since June 2020.

How Large is 33 CORDWAINERS?

33 CORDWAINERS is 58m² according to the EPC inspection conducted in May 2017. This puts it in the smallest 40% of flats in Morpeth, based on EPC data. 31% of flats are smaller than 33 CORDWAINERS, and 66% of flats are larger. Note that EPC data is not available for all properties in Morpeth.

33 CORDWAINERS: Plot

33 CORDWAINERS sits on a plot of roughly 0.019 of an acre, or 77m².

Where is 33 CORDWAINERS?

33 CORDWAINERS is located in MORPETH, in the NE61 postcode district.