24, EIGHTH STREET, PETERLEE, SR8 4LY - £17,500

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.

24 EIGHTH STREET is a terraced house, which could now be worth an estimated £59,314. It was last sold for £17,500 in February 2001, which was around 48% below the average February 2001 terraced price in the County Durham local authority area.

24 EIGHTH STREET Sold Prices

Land registry data shows one sale for 24 EIGHTH STREET 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
2001 23 FEB	£17,500	£33,499	48% below HPI

What might 24 EIGHTH STREET be worth now?

24 EIGHTH STREET might now be worth an estimated £59,314.

This is based on house price inflation of 238.9%, between February 2001 and May 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 238.9% inflationary increase is applied to the most recent sale price for 24 EIGHTH STREET of £17,500 on 23rd February 2001. For the value to have increased from £17,500 to £59,314 over the 24 years and nine months to May 2026, the following assumptions must hold true:

• The value of 24 EIGHTH STREET has moved in line with the HPI for terraced houses in the County Durham local authority area.
• The February 2001 sale price of £17,500 represented a fair market value for the property.
• The size, condition, and specification of 24 EIGHTH STREET has not materially changed since February 2001.

Where is 24 EIGHTH STREET?

24 EIGHTH STREET is located in PETERLEE, in the SR8 postcode district.