14, MITCHELL CLOSE, PETERLEE, SR8 2QA - £115,000

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.

14 MITCHELL CLOSE is a semi-detached house, which could now be worth an estimated £138,446. It was last sold for £115,000 in November 2007, which was around 1% below the average November 2007 semi-detached price in the County Durham local authority area.

14 MITCHELL CLOSE Sold Prices

Land registry data shows four sales for 14 MITCHELL CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the County Durham local authority area for the corresponding sale date. two of the four 14 MITCHELL CLOSE sales were for below the average price, and four 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
2007 14 NOV	£115,000	£115,983	1% below HPI
2006 7 APR	£97,000	£105,007	8% below HPI
1999 19 NOV	£45,000	£42,437	6% above HPI
1996 30 APR	£43,500	£37,411	16% above HPI

What might 14 MITCHELL CLOSE be worth now?

14 MITCHELL CLOSE might now be worth an estimated £138,446.

This is based on house price inflation of 20.4%, between November 2007 and April 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 20.4% inflationary increase is applied to the most recent sale price for 14 MITCHELL CLOSE of £115,000 on 14th November 2007. For the value to have increased from £115,000 to £138,446 over the nineteen years and seven months to April 2026, the following assumptions must hold true:

• The value of 14 MITCHELL CLOSE has moved in line with the HPI for semi-detached houses in the County Durham local authority area.
• The November 2007 sale price of £115,000 represented a fair market value for the property.
• The size, condition, and specification of 14 MITCHELL CLOSE has not materially changed since November 2007.

Where is 14 MITCHELL CLOSE?

14 MITCHELL CLOSE is located in PETERLEE, in the SR8 postcode district.