23, GARSIDE GROVE, PETERLEE, SR8 2QB - £75,000

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.

23 GARSIDE GROVE is a detached house, which could now be worth an estimated £198,516. It was last sold for £75,000 in March 2002, which was around 15% below the average March 2002 detached price in the County Durham local authority area.

23 GARSIDE GROVE Sold Prices

Land registry data shows two sales for 23 GARSIDE GROVE 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 23 GARSIDE GROVE sales were 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
2002 8 MAR	£75,000	£88,539	15% below HPI
1995 22 SEP	£56,500	£67,275	16% below HPI

What might 23 GARSIDE GROVE be worth now?

23 GARSIDE GROVE might now be worth an estimated £198,516.

This is based on house price inflation of 164.7%, between March 2002 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 164.7% inflationary increase is applied to the most recent sale price for 23 GARSIDE GROVE of £75,000 on 8th March 2002. For the value to have increased from £75,000 to £198,516 over the 23 years and ten months to May 2026, the following assumptions must hold true:

• The value of 23 GARSIDE GROVE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The March 2002 sale price of £75,000 represented a fair market value for the property.
• The size, condition, and specification of 23 GARSIDE GROVE has not materially changed since March 2002.

Where is 23 GARSIDE GROVE?

23 GARSIDE GROVE is located in PETERLEE, in the SR8 postcode district.