8, THE GROVE, PETERLEE, SR8 3BU - £97,000

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.

8 THE GROVE is a semi-detached house, which could now be worth an estimated £158,627. It was last sold for £97,000 in June 2004, which was around 15% above the average June 2004 semi-detached price in the County Durham local authority area.

8 THE GROVE Sold Prices

Land registry data shows two sales for 8 THE GROVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the County Durham local authority area for the corresponding sale date. Both of the two 8 THE GROVE 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
2004 25 JUN	£97,000	£84,378	15% above HPI
2003 13 JUN	£89,950	£62,770	43% above HPI

What might 8 THE GROVE be worth now?

8 THE GROVE might now be worth an estimated £158,627.

This is based on house price inflation of 63.5%, between June 2004 and May 2026, for semi-detached 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 63.5% inflationary increase is applied to the most recent sale price for 8 THE GROVE of £97,000 on 25th June 2004. For the value to have increased from £97,000 to £158,627 over the 22 years and one month to May 2026, the following assumptions must hold true:

• The value of 8 THE GROVE has moved in line with the HPI for semi-detached houses in the County Durham local authority area.
• The June 2004 sale price of £97,000 represented a fair market value for the property.
• The size, condition, and specification of 8 THE GROVE has not materially changed since June 2004.

Where is 8 THE GROVE?

8 THE GROVE is located in PETERLEE, in the SR8 postcode district.