7, THE COVERS, MORPETH, NE61 2RU - £178,000

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 THE COVERS is a detached house, which could now be worth an estimated £422,530. It was last sold for £178,000 in April 2003, which was around 15% above the average April 2003 detached price in the Northumberland local authority area.

7 THE COVERS Sold Prices

Land registry data shows three sales for 7 THE COVERS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. All of the three 7 THE COVERS 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 11 APR	£178,000	£154,804	15% above HPI
1999 31 MAR	£102,500	£92,386	11% above HPI
1996 5 JUN	£96,000	£84,687	13% above HPI

What might 7 THE COVERS be worth now?

7 THE COVERS might now be worth an estimated £422,530.

This is based on house price inflation of 137.4%, between April 2003 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 137.4% inflationary increase is applied to the most recent sale price for 7 THE COVERS of £178,000 on 11th April 2003. For the value to have increased from £178,000 to £422,530 over the 22 years and eleven months to May 2026, the following assumptions must hold true:

• The value of 7 THE COVERS has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The April 2003 sale price of £178,000 represented a fair market value for the property.
• The size, condition, and specification of 7 THE COVERS has not materially changed since April 2003.

Where is 7 THE COVERS?

7 THE COVERS is located in MORPETH, in the NE61 postcode district.