75, NORTHPARK, BILLINGHAM, TS23 3SU - £82,000

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.

75 NORTHPARK is a very small flat of 40m², built sometime between 1983 and 1990, which could now be worth an estimated £78,341. It was last sold for £82,000 in August 2007, which was around 8% below the average August 2007 flat price in the Stockton-on-Tees local authority area. The most recent EPC inspection was July 2012, where the current energy rating was C, and the potential energy rating was C.

75 NORTHPARK Sold Prices

Land registry data shows three sales for 75 NORTHPARK since 1^st January 1995. The below table shows the price paid for the three sales, along with the average flat price in the Stockton-on-Tees local authority area for the corresponding sale date. Two of the three 75 NORTHPARK sales were for below the average price, whilst one was 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 3 AUG	£82,000	£89,409	8% below HPI
1998 5 OCT	£19,000	£28,341	33% below HPI
1996 24 JUL	£28,950	£27,881	4% above HPI

What might 75 NORTHPARK be worth now?

75 NORTHPARK might now be worth an estimated £78,341.

This is based on house price deflation of 4.5%, between August 2007 and May 2026, for flats, in the Stockton-on-Tees local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 4.5% deflationary decrease is applied to the most recent sale price for 75 NORTHPARK of £82,000 on 3rd August 2007. For the value to have decreased from £82,000 to £78,341 over the nineteen years and three months to May 2026, the following assumptions must hold true:

• The value of 75 NORTHPARK has moved in line with the HPI for flats in the Stockton-on-Tees local authority area.
• The August 2007 sale price of £82,000 represented a fair market value for the property.
• The size, condition, and specification of 75 NORTHPARK has not materially changed since August 2007.

How Large is 75 NORTHPARK?

75 NORTHPARK is 40m² according to the EPC inspection conducted in July 2012. This puts it in the smallest 20% of flats in Billingham, based on EPC data. 13% of flats are smaller than 75 NORTHPARK, and 87% of flats are larger. Note that EPC data is not available for all properties in Billingham.

75 NORTHPARK: Plot

75 NORTHPARK sits on a plot of roughly 3.0 acres, or 12,163m².

Where is 75 NORTHPARK?

75 NORTHPARK is located in BILLINGHAM, in the TS23 postcode district.