71, THE CORNFIELDS, HEBBURN, NE31 1YJ - £100,000

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.

71 THE CORNFIELDS is a semi-detached house, which could now be worth an estimated £171,189. It was last sold for £100,000 in March 2005, which was around 9% below the average March 2005 semi-detached price in the South Tyneside local authority area.

71 THE CORNFIELDS Sold Prices

Land registry data shows two sales for 71 THE CORNFIELDS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the South Tyneside local authority area for the corresponding sale date. Both of the two 71 THE CORNFIELDS 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
2005 24 MAR	£100,000	£109,902	9% below HPI
1999 5 NOV	£47,500	£52,103	9% below HPI

What might 71 THE CORNFIELDS be worth now?

71 THE CORNFIELDS might now be worth an estimated £171,189.

This is based on house price inflation of 71.2%, between March 2005 and May 2026, for semi-detached 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 71.2% inflationary increase is applied to the most recent sale price for 71 THE CORNFIELDS of £100,000 on 24th March 2005. For the value to have increased from £100,000 to £171,189 over the twenty years and ten months to May 2026, the following assumptions must hold true:

• The value of 71 THE CORNFIELDS has moved in line with the HPI for semi-detached houses in the South Tyneside local authority area.
• The March 2005 sale price of £100,000 represented a fair market value for the property.
• The size, condition, and specification of 71 THE CORNFIELDS has not materially changed since March 2005.

Where is 71 THE CORNFIELDS?

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