23, HALLFIELD DRIVE, PETERLEE, SR8 3DB - £195,000

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 HALLFIELD DRIVE is a detached house, which could now be worth an estimated £236,553. It was last sold for £195,000 in May 2021, which was around 1% above the average May 2021 detached price in the County Durham local authority area.

23 HALLFIELD DRIVE Sold Prices

Land registry data shows two sales for 23 HALLFIELD DRIVE 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 HALLFIELD DRIVE sales 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
2021 21 MAY	£195,000	£193,186	1% above HPI
1997 28 NOV	£76,500	£72,143	6% above HPI

What might 23 HALLFIELD DRIVE be worth now?

23 HALLFIELD DRIVE might now be worth an estimated £236,553.

This is based on house price inflation of 21.3%, between May 2021 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 21.3% inflationary increase is applied to the most recent sale price for 23 HALLFIELD DRIVE of £195,000 on 21st May 2021. For the value to have increased from £195,000 to £236,553 over the five years to May 2026, the following assumptions must hold true:

• The value of 23 HALLFIELD DRIVE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The May 2021 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 23 HALLFIELD DRIVE has not materially changed since May 2021.

Where is 23 HALLFIELD DRIVE?

23 HALLFIELD DRIVE is located in PETERLEE, in the SR8 postcode district.