4, THE STEADS, MORPETH, NE61 2EG - £60,000

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 THE STEADS is a semi-detached house, which could now be worth an estimated £248,285. It was last sold for £60,000 in September 1998, which was around 23% above the average September 1998 semi-detached price in the Northumberland local authority area.

4 THE STEADS Sold Prices

Land registry data shows one sale for 4 THE STEADS since 1^st January 1995. The below table shows the price paid for the one sale, along with the average semi-detached 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
1998 18 SEP	£60,000	£48,798	23% above HPI

What might 4 THE STEADS be worth now?

4 THE STEADS might now be worth an estimated £248,285.

This is based on house price inflation of 313.8%, between September 1998 and May 2026, for semi-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 313.8% inflationary increase is applied to the most recent sale price for 4 THE STEADS of £60,000 on 18th September 1998. For the value to have increased from £60,000 to £248,285 over the 28 years and four months to May 2026, the following assumptions must hold true:

• The value of 4 THE STEADS has moved in line with the HPI for semi-detached houses in the Northumberland local authority area.
• The September 1998 sale price of £60,000 represented a fair market value for the property.
• The size, condition, and specification of 4 THE STEADS has not materially changed since September 1998.

Where is 4 THE STEADS?

4 THE STEADS is located in MORPETH, in the NE61 postcode district.