5, SIMONSIDE CLOSE, MORPETH, NE61 2XY - £227,500

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.

5 SIMONSIDE CLOSE is a detached house, which could now be worth an estimated £454,558. It was last sold for £227,500 in August 2003, which was around 26% above the average August 2003 detached price in the Northumberland local authority area.

5 SIMONSIDE CLOSE Sold Prices

Land registry data shows two sales for 5 SIMONSIDE 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. Both of the two 5 SIMONSIDE CLOSE 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
2003 4 AUG	£227,500	£180,005	26% above HPI
1996 22 MAR	£93,000	£79,510	17% above HPI

What might 5 SIMONSIDE CLOSE be worth now?

5 SIMONSIDE CLOSE might now be worth an estimated £454,558.

This is based on house price inflation of 99.8%, between August 2003 and April 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 99.8% inflationary increase is applied to the most recent sale price for 5 SIMONSIDE CLOSE of £227,500 on 4th August 2003. For the value to have increased from £227,500 to £454,558 over the 23 years and four months to April 2026, the following assumptions must hold true:

• The value of 5 SIMONSIDE CLOSE has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The August 2003 sale price of £227,500 represented a fair market value for the property.
• The size, condition, and specification of 5 SIMONSIDE CLOSE has not materially changed since August 2003.

Where is 5 SIMONSIDE CLOSE?

5 SIMONSIDE CLOSE is located in MORPETH, in the NE61 postcode district.