19, TWEED CLOSE, PETERLEE, SR8 1DF - £52,023

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.

19 TWEED CLOSE is a midsized terraced house of 86m², built sometime between 1976 and 1982, which could now be worth an estimated £61,121. It was last sold for £52,023 in May 2023, which was around 47% below the average May 2023 terraced price in the County Durham local authority area. The most recent EPC inspection was June 2023, where the current energy rating was C, and the potential energy rating was B.

19 TWEED CLOSE Sold Prices

Land registry data shows one sale for 19 TWEED CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average terraced 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
2023 2 MAY	£52,023	£97,514	47% below HPI

What might 19 TWEED CLOSE be worth now?

19 TWEED CLOSE might now be worth an estimated £61,121.

This is based on house price inflation of 17.5%, between May 2023 and April 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 17.5% inflationary increase is applied to the most recent sale price for 19 TWEED CLOSE of £52,023 on 2nd May 2023. For the value to have increased from £52,023 to £61,121 over the three years and one month to April 2026, the following assumptions must hold true:

• The value of 19 TWEED CLOSE has moved in line with the HPI for terraced houses in the County Durham local authority area.
• The May 2023 sale price of £52,023 represented a fair market value for the property.
• The size, condition, and specification of 19 TWEED CLOSE has not materially changed since May 2023.

How Large is 19 TWEED CLOSE?

19 TWEED CLOSE is 86m² according to the EPC inspection conducted in June 2023. This puts it in the largest 50% of terraced houses in Peterlee, based on EPC data. The below chart shows the distribution of terraced houses by size in Peterlee, and where 19 TWEED CLOSE lies on this distribution: 54% of terraced houses are smaller than 19 TWEED CLOSE, and 43% of terraced houses are larger. Note that EPC data is not available for all properties in Peterlee.

19 TWEED CLOSE: Plot

19 TWEED CLOSE sits on a plot of roughly 0.025 of an acre, or 100m².

Where is 19 TWEED CLOSE?

19 TWEED CLOSE is located in PETERLEE, in the SR8 postcode district.