11, NORHAM DRIVE, PETERLEE, SR8 1ND - £199,500

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.

11 NORHAM DRIVE is a detached house, which could now be worth an estimated £258,281. It was last sold for £199,500 in March 2006, which was around 10% above the average March 2006 detached price in the County Durham local authority area.

11 NORHAM DRIVE Sold Prices

Land registry data shows two sales for 11 NORHAM DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. Both of the two 11 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
2006 31 MAR	£199,500	£181,017	10% above HPI
2003 23 DEC	£160,000	£128,686	24% above HPI

What might 11 NORHAM DRIVE be worth now?

11 NORHAM DRIVE might now be worth an estimated £258,281.

This is based on house price inflation of 29.5%, between March 2006 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 29.5% inflationary increase is applied to the most recent sale price for 11 NORHAM DRIVE of £199,500 on 31st March 2006. For the value to have increased from £199,500 to £258,281 over the nineteen years and ten months to May 2026, the following assumptions must hold true:

• The value of 11 NORHAM DRIVE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The March 2006 sale price of £199,500 represented a fair market value for the property.
• The size, condition, and specification of 11 NORHAM DRIVE has not materially changed since March 2006.

Where is 11 NORHAM DRIVE?

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