10, NORHAM DRIVE, PETERLEE, SR8 1ND - £280,000

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.

10 NORHAM DRIVE is a detached house, which could now be worth an estimated £341,347. It was last sold for £280,000 in March 2008, which was around 46% above the average March 2008 detached price in the County Durham local authority area.

10 NORHAM DRIVE Sold Prices

Land registry data shows three sales for 10 NORHAM DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. All of the three 10 NORHAM DRIVE 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
2008 28 MAR	£280,000	£192,234	46% above HPI
2007 30 JAN	£249,050	£187,732	33% above HPI
2005 21 JAN	£205,000	£163,520	25% above HPI

What might 10 NORHAM DRIVE be worth now?

10 NORHAM DRIVE might now be worth an estimated £341,347.

This is based on house price inflation of 21.9%, between March 2008 and May 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 21.9% inflationary increase is applied to the most recent sale price for 10 NORHAM DRIVE of £280,000 on 28th March 2008. For the value to have increased from £280,000 to £341,347 over the seventeen years and ten months to May 2026, the following assumptions must hold true:

• The value of 10 NORHAM DRIVE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The March 2008 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 10 NORHAM DRIVE has not materially changed since March 2008.

Where is 10 NORHAM DRIVE?

10 NORHAM DRIVE is located in PETERLEE, in the SR8 postcode district.