33, RYE TERRACE, HEXHAM, NE46 3DX - £89,000

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 RYE TERRACE is a flat, which could now be worth an estimated £129,231. It was last sold for £89,000 in May 2004, which was around 24% above the average May 2004 flat price in the Northumberland local authority area.

33 RYE TERRACE Sold Prices

Land registry data shows two sales for 33 RYE TERRACE 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 RYE TERRACE 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
2004 14 MAY	£89,000	£71,638	24% above HPI
2000 19 MAY	£40,500	£33,233	22% above HPI

What might 33 RYE TERRACE be worth now?

33 RYE TERRACE might now be worth an estimated £129,231.

This is based on house price inflation of 45.2%, between May 2004 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 45.2% inflationary increase is applied to the most recent sale price for 33 RYE TERRACE of £89,000 on 14th May 2004. For the value to have increased from £89,000 to £129,231 over the 22 years to May 2026, the following assumptions must hold true:

• The value of 33 RYE TERRACE has moved in line with the HPI for flats in the Northumberland local authority area.
• The May 2004 sale price of £89,000 represented a fair market value for the property.
• The size, condition, and specification of 33 RYE TERRACE has not materially changed since May 2004.

Where is 33 RYE TERRACE?

33 RYE TERRACE is located in HEXHAM, in the NE46 postcode district.