12, WESTCLIFF CLOSE, PETERLEE, SR8 3DD - £83,000

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 WESTCLIFF CLOSE is a semi-detached house, which could now be worth an estimated £247,281. It was last sold for £83,000 in February 2002, which was around 79% above the average February 2002 semi-detached price in the County Durham local authority area.

12 WESTCLIFF CLOSE Sold Prices

Land registry data shows one sale for 12 WESTCLIFF 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
2002 1 FEB	£83,000	£46,315	79% above HPI

What might 12 WESTCLIFF CLOSE be worth now?

12 WESTCLIFF CLOSE might now be worth an estimated £247,281.

This is based on house price inflation of 197.9%, between February 2002 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 197.9% inflationary increase is applied to the most recent sale price for 12 WESTCLIFF CLOSE of £83,000 on 1st February 2002. For the value to have increased from £83,000 to £247,281 over the 23 years and nine months to May 2026, the following assumptions must hold true:

• The value of 12 WESTCLIFF CLOSE has moved in line with the HPI for semi-detached houses in the County Durham local authority area.
• The February 2002 sale price of £83,000 represented a fair market value for the property.
• The size, condition, and specification of 12 WESTCLIFF CLOSE has not materially changed since February 2002.

Where is 12 WESTCLIFF CLOSE?

12 WESTCLIFF CLOSE is located in PETERLEE, in the SR8 postcode district.