FLAT, 9, HEATHFIELD, MORPETH, NE61 2TR - £54,000

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.

FLAT is a terraced house, which could now be worth an estimated £81,787. It was last sold for £54,000 in April 2011, which was around 50% below the average April 2011 terraced price in the Northumberland local authority area.

FLAT Sold Prices

Land registry data shows one sale for FLAT since 1^st January 1995. The below table shows the price paid for the one sale, along with the average terraced price in the Northumberland local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2011 13 APR	£54,000	£108,936	50% below HPI

What might FLAT be worth now?

FLAT might now be worth an estimated £81,787.

This is based on house price inflation of 51.5%, between April 2011 and April 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 51.5% inflationary increase is applied to the most recent sale price for FLAT of £54,000 on 13th April 2011. For the value to have increased from £54,000 to £81,787 over the fifteen years to April 2026, the following assumptions must hold true:

• The value of FLAT has moved in line with the HPI for terraced houses in the Northumberland local authority area.
• The April 2011 sale price of £54,000 represented a fair market value for the property.
• The size, condition, and specification of FLAT has not materially changed since April 2011.

Where is FLAT?

FLAT, 9 HEATHFIELD is located in MORPETH, in the NE61 postcode district.