5, SKIPTON CLOSE, CRAMLINGTON, NE23 3LU - £225,000

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.

5 SKIPTON CLOSE is a detached house, which could now be worth an estimated £306,100. It was last sold for £225,000 in April 2008, which was around 17% below the average April 2008 detached price in the Northumberland local authority area.

5 SKIPTON CLOSE Sold Prices

Land registry data shows five sales for 5 SKIPTON CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. All of the five 5 SKIPTON CLOSE sales were 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
2008 24 APR	£225,000	£270,109	17% below HPI
2002 29 NOV	£28,000	£146,991	81% below HPI
2000 29 SEP	£84,500	£110,680	24% below HPI
1997 19 DEC	£79,500	£88,975	11% below HPI
1996 25 JUL	£72,000	£86,067	16% below HPI

What might 5 SKIPTON CLOSE be worth now?

5 SKIPTON CLOSE might now be worth an estimated £306,100.

This is based on house price inflation of 36%, between April 2008 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 36% inflationary increase is applied to the most recent sale price for 5 SKIPTON CLOSE of £225,000 on 24th April 2008. For the value to have increased from £225,000 to £306,100 over the seventeen years and eleven months to May 2026, the following assumptions must hold true:

• The value of 5 SKIPTON CLOSE has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The April 2008 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 5 SKIPTON CLOSE has not materially changed since April 2008.

Where is 5 SKIPTON CLOSE?

5 SKIPTON CLOSE is located in CRAMLINGTON, in the NE23 postcode district.