1, MITCHELL CLOSE, PETERLEE, SR8 2QA - £64,000

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.

1 MITCHELL CLOSE is a detached house, which could now be worth an estimated £217,350. It was last sold for £64,000 in May 1997, which was around 9% below the average May 1997 detached price in the County Durham local authority area.

1 MITCHELL CLOSE Sold Prices

Land registry data shows one sale for 1 MITCHELL CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached 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
1997 23 MAY	£64,000	£70,111	9% below HPI

What might 1 MITCHELL CLOSE be worth now?

1 MITCHELL CLOSE might now be worth an estimated £217,350.

This is based on house price inflation of 239.6%, between May 1997 and April 2026, for 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 239.6% inflationary increase is applied to the most recent sale price for 1 MITCHELL CLOSE of £64,000 on 23rd May 1997. For the value to have increased from £64,000 to £217,350 over the 29 years and one month to April 2026, the following assumptions must hold true:

• The value of 1 MITCHELL CLOSE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The May 1997 sale price of £64,000 represented a fair market value for the property.
• The size, condition, and specification of 1 MITCHELL CLOSE has not materially changed since May 1997.

Where is 1 MITCHELL CLOSE?

1 MITCHELL CLOSE is located in PETERLEE, in the SR8 postcode district.