4, BISHOPTON WAY, HEXHAM, NE46 2LR - £245,000

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.

4 BISHOPTON WAY is a detached house, which could now be worth an estimated £386,629. It was last sold for £245,000 in May 2005, which was around 5% above the average May 2005 detached price in the Northumberland local authority area.

4 BISHOPTON WAY Sold Prices

Land registry data shows three sales for 4 BISHOPTON WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. Two of the three 4 BISHOPTON WAY sales were for above the average price, whilst one 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
2005 18 MAY	£245,000	£232,858	5% above HPI
2002 2 AUG	£150,000	£138,402	8% above HPI
1996 24 MAY	£83,000	£83,531	1% below HPI

What might 4 BISHOPTON WAY be worth now?

4 BISHOPTON WAY might now be worth an estimated £386,629.

This is based on house price inflation of 57.8%, between May 2005 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 57.8% inflationary increase is applied to the most recent sale price for 4 BISHOPTON WAY of £245,000 on 18th May 2005. For the value to have increased from £245,000 to £386,629 over the 21 years to May 2026, the following assumptions must hold true:

• The value of 4 BISHOPTON WAY has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The May 2005 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 4 BISHOPTON WAY has not materially changed since May 2005.

Where is 4 BISHOPTON WAY?

4 BISHOPTON WAY is located in HEXHAM, in the NE46 postcode district.