NEWSTEADS, CAUSEY HILL, HEXHAM, NE46 2DN - £290,000

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.

NEWSTEADS is a detached house, which could now be worth an estimated £850,505. It was last sold for £290,000 in May 2002, which was around 131% above the average May 2002 detached price in the Northumberland local authority area.

NEWSTEADS Sold Prices

Land registry data shows four sales for NEWSTEADS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. All of the four NEWSTEADS sales were 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
2002 3 MAY	£290,000	£125,297	131% above HPI
2000 2 NOV	£235,000	£105,331	123% above HPI
1998 20 NOV	£150,000	£98,333	53% above HPI
1995 20 JAN	£132,500	£83,396	59% above HPI

What might NEWSTEADS be worth now?

NEWSTEADS might now be worth an estimated £850,505.

This is based on house price inflation of 193.3%, between May 2002 and May 2026, for detached 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 193.3% inflationary increase is applied to the most recent sale price for NEWSTEADS of £290,000 on 3rd May 2002. For the value to have increased from £290,000 to £850,505 over the 24 years to May 2026, the following assumptions must hold true:

• The value of NEWSTEADS has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The May 2002 sale price of £290,000 represented a fair market value for the property.
• The size, condition, and specification of NEWSTEADS has not materially changed since May 2002.

Where is NEWSTEADS?

NEWSTEADS is located on CAUSEY HILL in HEXHAM, in the NE46 postcode district.