7, THE CORNFIELDS, HEBBURN, NE31 1YJ - £41,500

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.

7 THE CORNFIELDS is a terraced house, which could now be worth an estimated £168,071. It was last sold for £41,500 in May 1995, which was around 13% above the average May 1995 terraced price in the South Tyneside local authority area.

7 THE CORNFIELDS Sold Prices

Land registry data shows one sale for 7 THE CORNFIELDS since 1^st January 1995. The below table shows the price paid for the one sale, along with the average terraced price in the South Tyneside 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
1995 12 MAY	£41,500	£36,886	13% above HPI

What might 7 THE CORNFIELDS be worth now?

7 THE CORNFIELDS might now be worth an estimated £168,071.

This is based on house price inflation of 305%, between May 1995 and April 2026, for terraced houses, in the South Tyneside local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 305% inflationary increase is applied to the most recent sale price for 7 THE CORNFIELDS of £41,500 on 12th May 1995. For the value to have increased from £41,500 to £168,071 over the 31 years and one month to April 2026, the following assumptions must hold true:

• The value of 7 THE CORNFIELDS has moved in line with the HPI for terraced houses in the South Tyneside local authority area.
• The May 1995 sale price of £41,500 represented a fair market value for the property.
• The size, condition, and specification of 7 THE CORNFIELDS has not materially changed since May 1995.

Where is 7 THE CORNFIELDS?

7 THE CORNFIELDS is located in HEBBURN, in the NE31 postcode district.