28, BRECON CLOSE, PETERLEE, SR8 2JX - £70,000

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.

28 BRECON CLOSE is a terraced house, which could now be worth an estimated £86,200. It was last sold for £70,000 in January 2007, which was around 24% below the average January 2007 terraced price in the County Durham local authority area.

28 BRECON CLOSE Sold Prices

Land registry data shows one sale for 28 BRECON 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
2007 17 JAN	£70,000	£92,202	24% below HPI

What might 28 BRECON CLOSE be worth now?

28 BRECON CLOSE might now be worth an estimated £86,200.

This is based on house price inflation of 23.1%, between January 2007 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 23.1% inflationary increase is applied to the most recent sale price for 28 BRECON CLOSE of £70,000 on 17th January 2007. For the value to have increased from £70,000 to £86,200 over the eighteen years and eight months to May 2026, the following assumptions must hold true:

• The value of 28 BRECON CLOSE has moved in line with the HPI for terraced houses in the County Durham local authority area.
• The January 2007 sale price of £70,000 represented a fair market value for the property.
• The size, condition, and specification of 28 BRECON CLOSE has not materially changed since January 2007.

Where is 28 BRECON CLOSE?

28 BRECON CLOSE is located in PETERLEE, in the SR8 postcode district.