12, HAZEL CRESCENT, PETERLEE, SR8 3HP - £78,000

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.

12 HAZEL CRESCENT is a terraced house, which could now be worth an estimated £119,860. It was last sold for £78,000 in September 2004, which was around 6% above the average September 2004 terraced price in the County Durham local authority area.

12 HAZEL CRESCENT Sold Prices

Land registry data shows three sales for 12 HAZEL CRESCENT since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the County Durham local authority area for the corresponding sale date. Two of the three 12 HAZEL CRESCENT sales were for above the average price, whilst one was 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
2004 3 SEP	£78,000	£73,887	6% above HPI
2004 16 JAN	£69,950	£57,106	22% above HPI
1998 24 APR	£25,000	£30,893	19% below HPI

What might 12 HAZEL CRESCENT be worth now?

12 HAZEL CRESCENT might now be worth an estimated £119,860.

This is based on house price inflation of 53.7%, between September 2004 and May 2026, for terraced 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 53.7% inflationary increase is applied to the most recent sale price for 12 HAZEL CRESCENT of £78,000 on 3rd September 2004. For the value to have increased from £78,000 to £119,860 over the 22 years and four months to May 2026, the following assumptions must hold true:

• The value of 12 HAZEL CRESCENT has moved in line with the HPI for terraced houses in the County Durham local authority area.
• The September 2004 sale price of £78,000 represented a fair market value for the property.
• The size, condition, and specification of 12 HAZEL CRESCENT has not materially changed since September 2004.

Where is 12 HAZEL CRESCENT?

12 HAZEL CRESCENT is located in PETERLEE, in the SR8 postcode district.