1, PICKARD CLOSE, PETERLEE, SR8 5LZ - £28,000

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 PICKARD CLOSE is a semi-detached house, which could now be worth an estimated £97,244. It was last sold for £28,000 in January 1998, which was around 30% below the average January 1998 semi-detached price in the County Durham local authority area.

1 PICKARD CLOSE Sold Prices

Land registry data shows one sale for 1 PICKARD CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average semi-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
1998 30 JAN	£28,000	£39,731	30% below HPI

What might 1 PICKARD CLOSE be worth now?

1 PICKARD CLOSE might now be worth an estimated £97,244.

This is based on house price inflation of 247.3%, between January 1998 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 247.3% inflationary increase is applied to the most recent sale price for 1 PICKARD CLOSE of £28,000 on 30th January 1998. For the value to have increased from £28,000 to £97,244 over the 27 years and eight months to May 2026, the following assumptions must hold true:

• The value of 1 PICKARD CLOSE has moved in line with the HPI for semi-detached houses in the County Durham local authority area.
• The January 1998 sale price of £28,000 represented a fair market value for the property.
• The size, condition, and specification of 1 PICKARD CLOSE has not materially changed since January 1998.

Where is 1 PICKARD CLOSE?

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