7, EIGHTH STREET, PETERLEE, SR8 4LY - £19,000

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.

7 EIGHTH STREET is a midsized terraced house of 74m², built sometime between 1900 and 1929, which could now be worth an estimated £28,005. It was last sold for £19,000 in February 2012, which was around 76% below the average February 2012 terraced price in the County Durham local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.

7 EIGHTH STREET Sold Prices

Land registry data shows one sale for 7 EIGHTH STREET since 1^st January 1995. The below table shows the price paid for the one sale, along with the average terraced price in the County Durham 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
2012 23 FEB	£19,000	£77,728	76% below HPI

What might 7 EIGHTH STREET be worth now?

7 EIGHTH STREET might now be worth an estimated £28,005.

This is based on house price inflation of 47.4%, between February 2012 and April 2026, for terraced houses, in the County Durham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 47.4% inflationary increase is applied to the most recent sale price for 7 EIGHTH STREET of £19,000 on 23rd February 2012. For the value to have increased from £19,000 to £28,005 over the thirteen years and ten months to April 2026, the following assumptions must hold true:

• The value of 7 EIGHTH STREET has moved in line with the HPI for terraced houses in the County Durham local authority area.
• The February 2012 sale price of £19,000 represented a fair market value for the property.
• The size, condition, and specification of 7 EIGHTH STREET has not materially changed since February 2012.

How Large is 7 EIGHTH STREET?

7 EIGHTH STREET is 74m² according to the EPC inspection conducted in July 2020. This puts it in the smallest 50% of terraced houses in Horden, based on EPC data. The below chart shows the distribution of terraced houses by size in Horden, and where 7 EIGHTH STREET lies on this distribution: 47% of terraced houses are smaller than 7 EIGHTH STREET, and 51% of terraced houses are larger. Note that EPC data is not available for all properties in Horden.

7 EIGHTH STREET: Plot

7 EIGHTH STREET sits on a plot of roughly 0.019 of an acre, or 76m².

Where is 7 EIGHTH STREET?

7 EIGHTH STREET is located in PETERLEE, in the SR8 postcode district.