27, MURPHY CLOSE, CROOK, DL15 9GL - £138,000

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.

27 MURPHY CLOSE is a detached house, which could now be worth an estimated £195,977. It was last sold for £138,000 in May 2017, which was around 16% below the average May 2017 detached price in the County Durham local authority area.

27 MURPHY CLOSE Sold Prices

Land registry data shows two sales for 27 MURPHY CLOSE 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 27 MURPHY CLOSE 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
2017 26 MAY	£138,000	£165,022	16% below HPI
2010 11 NOV	£124,995	£176,821	29% below HPI

What might 27 MURPHY CLOSE be worth now?

27 MURPHY CLOSE might now be worth an estimated £195,977.

This is based on house price inflation of 42%, between May 2017 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 42% inflationary increase is applied to the most recent sale price for 27 MURPHY CLOSE of £138,000 on 26th May 2017. For the value to have increased from £138,000 to £195,977 over the nine years to May 2026, the following assumptions must hold true:

• The value of 27 MURPHY CLOSE has moved in line with the HPI for detached houses in the County Durham local authority area.
• The May 2017 sale price of £138,000 represented a fair market value for the property.
• The size, condition, and specification of 27 MURPHY CLOSE has not materially changed since May 2017.

Where is 27 MURPHY CLOSE?

27 MURPHY CLOSE is located in CROOK, in the DL15 postcode district.