7, SPRINGFIELD CLOSE, OVINGTON, PRUDHOE, NE42 6EL - £305,000

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.

7 SPRINGFIELD CLOSE is a detached house, which could now be worth an estimated £419,296. It was last sold for £305,000 in July 2007, which was around 14% above the average July 2007 detached price in the Northumberland local authority area.

7 SPRINGFIELD CLOSE Sold Prices

Land registry data shows two sales for 7 SPRINGFIELD 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 7 SPRINGFIELD 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
2007 26 JUL	£305,000	£267,300	14% above HPI
1998 19 JUN	£108,000	£92,082	17% above HPI

What might 7 SPRINGFIELD CLOSE be worth now?

7 SPRINGFIELD CLOSE might now be worth an estimated £419,296.

This is based on house price inflation of 37.5%, between July 2007 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 37.5% inflationary increase is applied to the most recent sale price for 7 SPRINGFIELD CLOSE of £305,000 on 26th July 2007. For the value to have increased from £305,000 to £419,296 over the nineteen years and two months to May 2026, the following assumptions must hold true:

• The value of 7 SPRINGFIELD CLOSE has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The July 2007 sale price of £305,000 represented a fair market value for the property.
• The size, condition, and specification of 7 SPRINGFIELD CLOSE has not materially changed since July 2007.

Where is 7 SPRINGFIELD CLOSE?

7 SPRINGFIELD CLOSE is located in OVINGTON, in the NE42 postcode district.