8, SHAFTOE LEAZES, HEXHAM, NE46 3DF - £322,500

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.

8 SHAFTOE LEAZES is a terraced house, which could now be worth an estimated £509,657. It was last sold for £322,500 in July 2005, which was around 202% above the average July 2005 terraced price in the Northumberland local authority area.

8 SHAFTOE LEAZES Sold Prices

Land registry data shows three sales for 8 SHAFTOE LEAZES since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Northumberland local authority area for the corresponding sale date. Two of the three 8 SHAFTOE LEAZES sales were for above the average price, whilst one was 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 27 JUL	£322,500	£106,839	202% above HPI
1999 23 DEC	£37,500	£41,730	10% below HPI
1998 11 SEP	£60,000	£39,112	53% above HPI

What might 8 SHAFTOE LEAZES be worth now?

8 SHAFTOE LEAZES might now be worth an estimated £509,657.

This is based on house price inflation of 58%, between July 2005 and May 2026, for terraced 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 58% inflationary increase is applied to the most recent sale price for 8 SHAFTOE LEAZES of £322,500 on 27th July 2005. For the value to have increased from £322,500 to £509,657 over the 21 years and two months to May 2026, the following assumptions must hold true:

• The value of 8 SHAFTOE LEAZES has moved in line with the HPI for terraced houses in the Northumberland local authority area.
• The July 2005 sale price of £322,500 represented a fair market value for the property.
• The size, condition, and specification of 8 SHAFTOE LEAZES has not materially changed since July 2005.

Where is 8 SHAFTOE LEAZES?

8 SHAFTOE LEAZES is located in HEXHAM, in the NE46 postcode district.