1, BEVERLEY WAY, PETERLEE, SR8 2AT - £85,500

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.

1 BEVERLEY WAY is a semi-detached house, which could now be worth an estimated £111,918. It was last sold for £85,500 in November 2008, which was around 19% below the average November 2008 semi-detached price in the County Durham local authority area.

1 BEVERLEY WAY Sold Prices

Land registry data shows two sales for 1 BEVERLEY WAY 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 1 BEVERLEY WAY sales were 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
2008 14 NOV	£85,500	£105,415	19% below HPI
2006 16 JUN	£81,000	£108,277	25% below HPI

What might 1 BEVERLEY WAY be worth now?

1 BEVERLEY WAY might now be worth an estimated £111,918.

This is based on house price inflation of 30.9%, between November 2008 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 30.9% inflationary increase is applied to the most recent sale price for 1 BEVERLEY WAY of £85,500 on 14th November 2008. For the value to have increased from £85,500 to £111,918 over the eighteen years and six months to May 2026, the following assumptions must hold true:

• The value of 1 BEVERLEY WAY has moved in line with the HPI for semi-detached houses in the County Durham local authority area.
• The November 2008 sale price of £85,500 represented a fair market value for the property.
• The size, condition, and specification of 1 BEVERLEY WAY has not materially changed since November 2008.

Where is 1 BEVERLEY WAY?

1 BEVERLEY WAY is located in PETERLEE, in the SR8 postcode district.