71B, CASTLEGATE, BERWICK-UPON-TWEED, TD15 1LF - £48,000

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.

71B CASTLEGATE is a very small extended flat of 39m², built sometime before 1900, which could now be worth an estimated £53,438. It was last sold for £48,000 in February 2022, which was around 49% below the average February 2022 flat price in the Northumberland local authority area. The most recent EPC inspection was October 2017, where the current energy rating was E, and the potential energy rating was C.

71B CASTLEGATE Sold Prices

Land registry data shows four sales for 71B CASTLEGATE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average flat price in the Northumberland local authority area for the corresponding sale date. All of the four 71B CASTLEGATE 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
2022 18 FEB	£48,000	£93,435	49% below HPI
2020 6 NOV	£75,000	£86,916	14% below HPI
2016 19 DEC	£39,950	£82,405	52% below HPI
2013 13 JUN	£30,000	£75,695	60% below HPI

What might 71B CASTLEGATE be worth now?

71B CASTLEGATE might now be worth an estimated £53,438.

This is based on house price inflation of 11.3%, between February 2022 and May 2026, for flats, in the Northumberland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 11.3% inflationary increase is applied to the most recent sale price for 71B CASTLEGATE of £48,000 on 18th February 2022. For the value to have increased from £48,000 to £53,438 over the three years and nine months to May 2026, the following assumptions must hold true:

• The value of 71B CASTLEGATE has moved in line with the HPI for flats in the Northumberland local authority area.
• The February 2022 sale price of £48,000 represented a fair market value for the property.
• The size, condition, and specification of 71B CASTLEGATE has not materially changed since February 2022.

How Large is 71B CASTLEGATE?

71B CASTLEGATE is 39m², which includes one extension, according to the EPC inspection conducted in October 2017. This puts it in the smallest 10% of flats in Berwick-upon-Tweed, based on EPC data. 3% of flats are smaller than 71B CASTLEGATE, and 96% of flats are larger. Note that EPC data is not available for all properties in Berwick-upon-Tweed.

71B CASTLEGATE: Plot

71B CASTLEGATE sits on a plot of roughly 0.022 of an acre, or 89m².

Where is 71B CASTLEGATE?

71B CASTLEGATE is located in BERWICK-UPON-TWEED, in the TD15 postcode district.